Kankakee IL Multi Family for Sale
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Courtesy: Exclusive Realtors
708-792-7244
ADDITIONAL INFORMATION
Great investment opportunity! Check out this well-maintained two-unit building near the edge of town in desirable West Kankakee. The Lower unit features 2 beds 1 bath with a large eat-in kitchen. The Lower unit currently rents for 1100 tenant pays gas and electric. The upper unit has updated flooring 1 bedroom, 1 bath with kitchen and living area. This unit is rented for 850 tenant pays electric and gas. This property just passed all city code inspections and is ready to go! It would not only be a great investment opportunity but could be a unique opportunity for a first-time homebuyer to live in one unit and rent out the other unit to supplement the mortgage. Either way, don't miss out on this property schedule your showing 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! HANDYMAN SPECIAL! 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! 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!
$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:
- 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!
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Courtesy: McColly Bennett Real Estate
815-929-9381
ADDITIONAL INFORMATION
KANKAKEE - 2 FLAT FOR SALE - Fully leased, excellent income producing property. 1st floor is a 2 bedroom/1 bath unit with access to basement for additional storage. There is an enclosed rear porch off of large eat-in kitchen. 2nd floor apartment is a 1 bedroom/1 bath and has a front balcony and large den off of kitchen. Rear concrete parking pad for two cars Good opportunity for investment or live in one and lease the other! There is a duplex directly across the street also for sale by the same owners (pls #12087845), Buy both properties and get four units! Call 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
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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 $160,000. This is higher than the county median home value of $128,000. The national median home value is $219,700. The average price of homes sold in Kankakee, IL is $160,000. Approximately 41.38% of Kankakee homes are owned, compared to 41.65% rented, while 16.97% 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 26,036. Kankakee is less family-centric than the surrounding county with 24.73% of the households containing married families with children. The county average for households married with children is 28.54%.
The median household income in Kankakee, Illinois is $35,601. The median household income for the surrounding county is $56,542 compared to the national median of $57,652. The median age of people living in Kankakee is 35 years.
Kankakee Weather
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 38.6 inches per year, with 23.7 inches of snow per year.