156 W. Harrison Ave., Bourbonnais purchased by Gendell Partners Olivet LLC

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Kankakee County Recorder Lori Gadbois (2023) | https://www.facebook.com/LoriGadboisRecorder/

By H. J. Stone

Jul 25, 2025

The home at 156 W. Harrison Ave., Bourbonnais was sold on July 23 by Olivet Nazarene University for $1.1 million.

The buyer was Gendell Partners Olivet LLC.

The property tax paid for this property in 2023 was $4,348. This is 0.4% of the sale price of the home.

This property is one of 25 sales in Bourbonnais (Kankakee County) from June 23 to July 23.

This story was found on BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.