Bradley, Kankakee County, Illinois Property Taxes

Name: Property Tax Bills Across Bradley, Kankakee County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Bradley, IL effective property tax rate: 3.16%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Bradley, IL home value: $109,077
Median annual Bradley, IL tax bill: $3,293, $893 higher than the national median property tax bill of $2,400.

How are property taxes in Kankakee calculated?

Property taxes in Bradley, IL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Bradley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bradley, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bradley, Kankakee County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.16%

Estimate Property Tax Bill

$3,447

$3,199

Ownwell’s BRADLEY Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in BRADLEY with just two data points.

By entering your property's estimated assessed value, our calculator applies BRADLEY’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Kankakee.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bradley, Kankakee County, Illinois

Local government entities determine tax rates, which can significantly differ within a state. Each county annually estimates its budgetary needs to fund services and divides this amount by the total assessed value of all taxable property in its area. This process results in the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the essential annual procedure.

Bradley, located in Kankakee County, Illinois, showcases an effective property tax rate that stands out when compared to other cities in Illinois. With a median property tax rate of 3.16%, Bradley's rate is notably higher than the national median property tax rate of 1.02%. This means that property owners in Bradley pay a larger percentage of their property's assessed value in taxes compared to the national average. Furthermore, the median property tax rate in Bradley aligns with the highest and lowest rates within the county, indicating a consistent tax rate across Kankakee. For property owners, understanding these rates is crucial for financial planning and assessing potential savings through tax appeal and exemption services.

Property Tax Rates Across Bradley, Kankakee County, Illinois

Source: Ownwell

2.56%

3.54%

4.53%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Bradley Tax Rate

3.16%

Median Effective Kankakee County Tax Rate

3.07%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bradley, Kankakee County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60915	2.86%	3.16%	3.16%	3.16%	3.16%

Source: Ownwell

Property Tax Assessment Values Across Bradley, Kankakee County, Illinois

When examining property taxes in BRADLEY, IL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Kankakee County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices: In Kankakee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in BRADLEY. For example, the median home price in BRADLEY is $109,077, with tax bills ranging significantly across the county. 60915 has the highest median home price at $109,077.

Property Tax Assessment Values Across Bradley, Kankakee County, Illinois

Source: Ownwell

$49,746

$124,081

$198,416

Median Bradley Market Value

$109,077

Median Kankakee County Market Value

$137,616

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bradley, Kankakee County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60915	$77,300	$90,620	$109,077	$138,095	$156,444

Source: Ownwell

Property Tax Bills Across Bradley, Kankakee County, Illinois

In Bradley, located in Kankakee County, IL, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value is typically a percentage of the market value, and this figure is then multiplied by the tax rate to calculate the annual tax bill. With a median home price of $109,077, homeowners in Bradley face a median property tax bill that can vary significantly. For instance, the tax bill for the 25th percentile is $2,711, while the 75th percentile reaches $4,067, with the 90th percentile going up to $4,750. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Bradley's figures can be notably higher, impacting homeowners financially. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging expert knowledge and local insights, Ownwell can help ensure homeowners are not overpaying, potentially reducing their property tax burden and contributing to significant annual savings.

Property Tax Bills Across Bradley, Kankakee County, Illinois

Source: Ownwell

$1,473

$3,969

$6,465

Median Bradley Tax Bill

$3,293

Median Kankakee County Tax Bill

$4,151

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Bradley, Kankakee County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60915	$2,262	$2,711	$3,293	$4,067	$4,750

Source: Ownwell