Foreclosure Homes in Grant Park, IL

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View this home at Prairie Farm Rd Grant Park IL 60940
View this home at N 11000e Rd Grant Park IL 60940
$199,140 EMV
View this home at E 10500n Rd Grant Park IL 60940
$336,090 EMV

| 0 Sq. Ft.

View this home at Laurel Ln Grant Park IL 60940
View this home at E Butler Ave Grant Park IL 60940
$187,597 EMV
View this home at E French St Grant Park IL 60940
$188,544 EMV
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Home Value Estimator For Grant Park, IL

There are currently 116 real estate properties in Grant Park, IL, with a median automated valuation model (AVM) price of $236,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grant Park, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Grant Park, IL, is $262,616.00, with the most expensive house in Grant Park, IL, topping out at $860,700.00 and the cheapest home in Grant Park, IL, clocking in at $72,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Grant Park, IL!

Rent Prices In Grant Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grant Park, IL, is on a rollercoaster ride. The average rent price in Grant Park, IL, is $1,499.00. Indeed, when looking to rent in Grant Park, IL, you can expect to pay as little as $730.00 or as much as $3,040.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Grant Park, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Grant Park, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Grant Park, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Grant Park, IL and much more. Save thousands at closing with home foreclosure listings in Grant Park, IL — up to 75% off market value!

Top Reasons To Live In Grant Park, IL In 2023

Grant Park is located in Kankakee, Illinois, with an estimated municipal population of 1,249 residents. All of the best foreclosed homes for sale in Grant Park are located in the following zip code areas on 60940. The estimated population per square kilometer (.62 miles) in Grant Park is 141.

Cost Of Living In Grant Park, IL

So, about how much do homes cost in Grant Park? The most recent median value of resident-owned homes in Grant Park is 156,056. An estimated 73.9 percent of households in Grant Park own their homes, with an average family size of 3.08. The median household income in Grant Park is 60,000, with27.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Grant Park, the median commute time of resident workers (in minutes) is 30.6. And last, but certainly not least, are you looking for homes to rent in Grant Park? If so, the average rent price paid by renters in Grant Park is 841, according to recent statistics.

Diversity And Demographics In Grant Park, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Grant Park, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Grant Park is 43.8, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Grant Park is 56.7, with an average family size of 3.08.

The percentage of residents who report their race in Grant Park is as follows:

White 93.9%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3%
Other 1.9%

Looking for family-friendly neighborhoods in and/or near Grant Park? Or maybe you are searching for 55+ active adult communities in and/or near Grant Park?

The percentage of residents who report their age in Grant Park is as follows:

Under 10 7.4%
Aged 10-19 15.8%
20s 11.5%
30s 12.7%
40s 8.1%
50s 18%
60s 13.5%
70s 8.3%
80+ 4.9%

Best Schools In Grant Park, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Grant Park with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Grant Park.

Pros And Cons Of Living In Grant Park, Illinois

How do you know that living in -- or moving to -- Grant Park is right where you need to be? Perhaps you grew up in Grant Park or already live nearby; therefore, the decision to buy a home in Grant Park is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Grant Park for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Grant Park:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Grant Park.

Reasons To Move To Grant Park, Illinois, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Grant Park can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Grant Park, meanwhile, can field multiple offers from more qualified buyers.

Grant Park, IL Foreclosures


Listing types in Grant Park, IL

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