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Condo Foreclosures in Grant Park, IL 60940

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Grant Park, IL Foreclosures

Current Market Conditions in in Grant Park, IL As of February 2026?
Over the past month, the Grant Park real estate market remained steady, with no significant fluctuations in home prices. Activity has increased slightly, as local buyers continue to explore the available properties. Homes are selling at a consistent rate, suggesting a balanced market where buyers are eager but not overly competitive.
How much do homes sell for in Grant Park, IL?
The average home price is currently $291,541.
What’s the average rental cost in Grant Park, IL?
The average rental price in Grant Park is $1,527.
What is the most expensive home in Grant Park?
The most expensive home sold in Grant Park had a price of $3,308,107.
What is currently the cheapest priced home in Grant Park, IL?
The cheapest home for sale in Grant Park is priced at $15,927.

Living in Grant Park, IL

Grant Park, Illinois, is a tranquil village characterized by its rural charm and friendly community. Nestled in Kankakee County, the village provides beautiful landscapes and outdoor activities. Residents appreciate the balance of peaceful living with easy access to nearby urban amenities.

Buyer vs Seller Market in Grant Park, IL

The real estate market in Grant Park is currently stable, with moderate growth observed over the past several months. Home prices have shown a slight increase, reflecting the desirability of the area for buyers looking for spacious properties and a serene environment.

Due to its proximity to larger urban centers, Grant Park continues to attract homebuyers seeking affordability without compromising on quality of life. Houses in the area are diverse, catering to different budget segments, which enhances market activity.

Home Value Estimator For Grant Park, IL

There are currently 1,288 real estate properties in Grant Park, IL, with a median automated valuation model (AVM) price of $262,479.00. 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 $291,541.00, with the most expensive house in Grant Park, IL, topping out at $3,308,107.00 and the cheapest home in Grant Park, IL, clocking in at $15,927.00. 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 $1,527.00. 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 $1,480.00. 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.

Grant Park, IL 60940 Condos

Market Trend for Grant Park, IL

Total Listings Available: 0

Market Values:

Home Prices from $15,927 to $3,308,107

Average Sales Price: $291,541

Rental Values:

Rental from $730 to $3,040

Average Rent Value: $1,527 / month

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