NOT LISTED FOR SALE

407 S Main St Grant Park, IL 60940

Estimated Value: $92,000 - $147,000

2 Beds
1 Bath
750 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2025

Last sale price $99,000 $132 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $736 / mo

35 Days on Market

Highlights

  • Property is near park
  • Formal Dining Room
  • Living Room
  • Grant Park High School Rated 9+
  • Enclosed Patio or Porch
  • Laundry Room

About This Home

As of October 2025

Discover this charming 2-bedroom, 1-bath home with a versatile tandem room that can easily transform into a home office, gaming room, craft space, or anything your lifestyle inspires (currently being used as a 3rd bedroom). This cozy residence features electric heat and the convenience of gas hookups for your dryer and stove. You'll appreciate the peace of mind that comes with recent updates, including a hot water heater that's just a few years old, durable vinyl siding for low-maintenance upkeep, many windows were replaced approximately 10 years ago, and the roof is only about 10-15 years old, providing many remaining years of reliable protection. Outside, you'll find a welcoming covered front entrance and a large yard - a blank slate for all your outdoor dreams! Imagine adding a pool, creating stunning gardens, building a garage, or simply entertaining guests; the possibilities are endless. This property is currently tenant-occupied, making it a turnkey investment with a reliable, long-standing tenant already in place. Alternatively, it's a fantastic option as a starter home or the perfect place to downsize into. No matter your interests, this location has you covered. Enjoy unparalleled convenience with groceries, banks, healthcare, worship, pet care, restaurants, and diverse shopping all within easy reach. Yet, it's quaint small-town charm truly sets the stage for a relaxed lifestyle, away from the hustle and bustle. Outdoor enthusiasts will love the proximity to golf, sports fields, fitness centers, parks, and abundant summer or winter activities. For higher education, both a community college and a university are nearby. You're also just 55 minutes from Chicago, 25 minutes from the Metra commuter train, and 20 minutes from the major retail hub of Bourbonnais. Plus, the highly acclaimed Grant Park School District has consistently received awards & recognition from the U.S. News & World Report, Niche and The Kankakee Journal for excelling in academics, athletics, and community engagement. Your new home awaits!

Last Agent to Sell the Property

Cara Lipinski

McColly Real Estate License #475142327 Listed on: 07/13/2025

McColly Real Estate

Last Buyer's Agent

Cara Lipinski

McColly Real Estate License #475142327 Listed on: 07/13/2025

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,455

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x150
  • Paved or Partially Paved Lot
  • Property is zoned SINGL

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Tandem Room
  • Crawl Space
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Off-Street Parking
  • Off Alley Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Location

  • Property is near park

Utilities

  • No Cooling
  • Heating Available
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,455

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 750
  • Room Type: Tandem Room, Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block, Concrete Perimeter
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Off Street, On Site, Other
  • ParkingTotal: 4

Utilities

  • Sewer: Septic Tank, Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X150
  • Zoning: SINGL
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3454.52
  • Tax Year: 2024
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2026
Sold by
Bought by
Current Estimated Value
$114,102

Purchase Details

Listed on
Jul 13, 2025
Closed on
Oct 3, 2025
Sold by
Bought by
Seller's Agent
Cara Lipinski
McColly Real Estate
Buyer's Agent
Cara Lipinski
McColly Real Estate
List Price
$130,000
Sold Price
$99,000
Premium/Discount to List
-$31,000
-23.85%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.16%
Original Mortgage
$40,000
Interest Rate
0.0588%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$99,000 Community Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $40,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Sold $99,000 -23.8% $132 / Sq Ft
08/17/2025 08/17/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $130,000 -- $173 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,455 $43,517 $6,825 $36,692
2024 $3,455 $39,832 $6,247 $33,585
2023 $3,003 $35,885 $5,628 $30,257
2022 $2,859 $33,227 $5,211 $28,016
2021 $2,761 $32,104 $5,035 $27,069
2020 $2,719 $30,869 $4,841 $26,028
2019 $2,662 $30,116 $4,723 $25,393
2018 $2,851 $29,168 $4,574 $24,594
2017 $2,872 $28,879 $4,529 $24,350
2016 $2,795 $27,903 $4,376 $23,527
2015 $2,876 $27,903 $4,376 $23,527
2014 $2,779 $27,091 $4,249 $22,842
2013 -- $27,574 $4,325 $23,249
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12416897

Midwest Real Estate Data (MRED)

APN: 01-04-30-202-008

Your Personal Tour Guide

Ask me questions while you tour the home.