Grant Park, IL, Real Estate
Grant Park, Illinois, is a small, charming village in Kankakee County, located about 50 miles south of Chicago. With a population of around 1,300, it offers a tight-knit community atmosphere rooted in its agricultural heritage. The village, named after President Ulysses S. Grant, features a mix of historic and modern elements, including local businesses, parks, and community events like the annual Grant Park Oktoberfest. Surrounded by sprawling farmland, it provides a peaceful, rural lifestyle with easy access to urban amenities via nearby highways, making it a hidden gem for those seeking small-town living in the Prairie State.
Grant Park currently has 11 single family homes for sale with an average list price of $405,436.36, 2 condos for sale with an average list price of $236,700, and 12 lots for sale with an average list price of $159,954.50. The average annual property tax for Grant Park is $4,723.00.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Grant Park, i.e. what's hot and what's not.
See What's Hot & What's Not in Grant Park
Market Trends
Grant Park home sales for the month of August stayed the same in volume when compared to last year, while the median sale price stayed the same. House sales stayed the same, while the median sale price stayed the same.
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31
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31
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27
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23
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$209,000
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$245,000
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$225,000
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$295,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Grant Park
Number of Sales for Grant Park
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