Kankakee IL Multi Family for Sale
$169,900
307 S 4th Avenue Kankakee, IL 60901
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Courtesy: Keller Williams ONEChicago
312-216-2422
ADDITIONAL INFORMATION
This beautifully renovated property offers a fantastic investment opportunity or the perfect place to call home for House Hackers. Recent updates include exterior and interior paint, new flooring throughout, and modernized kitchens and bathrooms. Conveniently located near the West Side, close to schools, shopping, grocery stores, hospitals, and downtown. Just two blocks from the bus line and only five minutes to the commuter train. Newer hot water heater and a brand new furnace. Sold "AS IS" - Don't miss out on this opportunity! Schedule your appointment with Nicholas Today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1885
- Baths:
- 4.00
- MLS#:
- 12183734
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Courtesy: McColly Bennett Real Estate
815-929-9381
ADDITIONAL INFORMATION
KANKAKEE - 4 UNIT APARTMENT BUILDING - Excellent income producing property. 3 - 1 bedroom/1 bathroom units and 1 efficiency in good condition at great rental rates. Current rental license up to date. 2 neighboring properties also available for a total of 10 units all adjacent, see MLS #12183285, #12183248 and 12195146 for property details. Near Downtown Kankakee, Farmers Market and Financial District of Kankakee. Great opportunity! Call Today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1880
- Baths:
- 4.00
- MLS#:
- 12183285
View additional info
Courtesy: McColly Bennett Real Estate
815-929-9381
ADDITIONAL INFORMATION
KANKAKEE - 4 UNIT APARTMENT BUILDING - Excellent income producing property. 4 - 1 bedroom/1 bathroom units in good condition at good rental rates. Current rental license up to date. 2 neighboring properties also available for a total of 10 units all adjacent, see MLS #12195146,#12183248, and #12183734 for other property details. Near Downtown Kankakee, Farmers Market and Financial District of Kankakee. Great opportunity! Call Today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Year built:
- 1885
- Baths:
- 2.00
- MLS#:
- 12183248
View additional info
Courtesy: McColly Bennett Real Estate
815-929-9381
ADDITIONAL INFORMATION
KANKAKEE - 2 UNIT APARTMENT BUILDING - Excellent income producing property. 1 - 1 bedroom/1 bathroom unit and 1 - 2 bedroom/1 bathroom unit in good condition at great rental rates. Current rental license up to date. 2 neighboring properties also available for a total of 10 units all adjacent, see MLS #12183285, #12183734, and#12195146 for other property details. Near Downtown Kankakee, Farmers Market and Financial District of Kankakee. Great opportunity! Call Today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- 12185330
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Courtesy: RE/MAX Prestige Homes
815-937-3629
ADDITIONAL INFORMATION
Fantastic investment opportunity! This affordable and well-maintained 2-unit property is a rare find, with tenants in place for over 10 and 15 years, providing stable, long-term rental income. The home has been meticulously cared for, minimizing maintenance concerns. Whether you're looking to expand your portfolio or start your investment journey, this property offers immediate cash flow with reliable tenants and a solid foundation. Updated Furnaces, electrical panels and water heaters.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1973
- Baths:
- 4.00
- MLS#:
- 12173196
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Courtesy: McColly Bennett Real Estate
815-929-9381
ADDITIONAL INFORMATION
KANKAKEE - 4 UNIT - ALL 2 BEDROOM/1 BATHROOM UNITS. All brick building, in "Good" condition. Great income producing property on the far East side of Kankakee near I-57 and main thoroughfares! Great investment, call today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1926
- Baths:
- 2.00
- MLS#:
- 12173350
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Courtesy: McColly Bennett Real Estate
815-929-9381
ADDITIONAL INFORMATION
KANKAKEE - 2 UNIT HOME - RENOVATED AND FULLY OCCUPIED - Both units are 3 bedroom/1 bathroom apartments. This is a great investment property. The property is in "Good" condition and has large rooms/units. The roof is new also! Near main thoroughfares and Downtown Kankakee. Great investment! Call today!
$125,000
243 S 5th Avenue Kankakee, IL 60901
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1880
- Baths:
- 2.00
- MLS#:
- 12177800
View additional info
Courtesy: McColly Bennett Real Estate
815-929-9381
ADDITIONAL INFORMATION
KANKAKEE - 2 UNIT HOME - RENOVATED AND FULLY OCCUPIED - Both units are 2 bedroom/1 bathroom apartments. This is a great investment property right near St. Mary's/Prime Health Care Hospital. The property is in "Good" condition and has large rooms/units. Also near main thoroughfares and Downtown Kankakee. Great investment! Call today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Year built:
- 1885
- Baths:
- 2.00
- MLS#:
- 12154909
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Courtesy: Keller Williams Infinity
630-778-5800
ADDITIONAL INFORMATION
RARE INVESTMENT OPPORTUNITY! Looking for a lucrative investment or a chance to live while earning rental income? This two-unit property is a rare find and packed with potential! What's Inside: Two units with separate utilities (tenants cover gas & electric) Brand New Roof & 2 NEW Furnaces! New sewer line for hassle-free maintenance Enclosed porches adding extra living space! Newer flooring, windows, fresh paint, renovated barhroom and more! Whether you're a first-time investor or ready to expand your portfolio, this property offers impressive returns with consistent tenant occupancy. With some cosmetic updates, the earning potential is HUGE! AS-IS Sale-bring your vision and expertise to maximize your profits! Don't miss this opportunity!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 12102471
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Courtesy: Realty Executives Success
630-553-8400
ADDITIONAL INFORMATION
Great investment opportunity with $26,700 in gross income annually. New tenant in the refreshed 2 bedroom apartment, which just received new carpet and paint! New carpet going into one of the occupied 1 bedroom units in July. Separate central air, furnace and water heaters for all 3 units. Tenants pay their own gas and electric. New roof July 2017. 2 new A/C units in 2014.1 new furnace in 2018. No parking on site but property is next to a large free city lot with ample parking. Great location near restaurants, stores and downtown events such as seasonal farmer's market. 15 minutes from the new Gotion electric vehicle battery facility in Manteno set to employ over 2,500 people! Take advantage of this opportunity today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1910
- Baths:
- 3.00
- MLS#:
- 11989126
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Courtesy: McColly Bennett Real Estate
815-929-9381
ADDITIONAL INFORMATION
Come take over this turn key 2 unit property. No current leased tenants. 1st floor unit has 2 bedrooms and 1 bathroom. Upstairs unit has 3 bedrooms and 2 full bathrooms. Upstairs unit has a in-law suite type of set up with a bedroom, bathroom and kitchenette with a separate entryway. Newer flooring in both units upstairs and downstairs. Two separate furnaces and water heaters for both units as well. Cash sale/ or in-house lending only due to zoning restrictions. Motivated sellers. Send offers.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1910
- Baths:
- 4.00
- MLS#:
- 11936647
View additional info
Courtesy: Ultimate Realty Brokerage Svs
815-954-6467
ADDITIONAL INFORMATION
Nice 4 unit building in good condition with separate addresses and separate exterior entrances for lower level. Unit contains 4 -1 bedroom unit's with a rent role of approximately $2050.00. Building has a basement for utilities. On site and street parking available.
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Kankakee Real Estate
The median home value in Kankakee, IL is $164,950. This is lower than the county median home value of $168,800. The national median home value is $338,100. The average price of homes sold in Kankakee, IL is $164,950. Approximately 40.51% of Kankakee homes are owned, compared to 42.5% rented, while 16.99% are vacant. Kankakee real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kankakee real estate agent to arrange a tour today!
Kankakee, Illinois has a population of 24,903. Kankakee is less family-centric than the surrounding county with 22.15% of the households containing married families with children. The county average for households married with children is 27.32%.
The median household income in Kankakee, Illinois is $38,869. The median household income for the surrounding county is $61,664 compared to the national median of $69,021. The median age of people living in Kankakee is 35.9 years.
Kankakee Weather
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 38.5 inches per year, with 23.8 inches of snow per year.