Kankakee IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
4
Year built:
1973
Baths:
2.00
MLS#:
12209262

ADDITIONAL INFORMATION

2 homes in 1! How can you pass up this opportunity. Each side of this duplex is 768 sqft, with 2 bedrooms and a full bathroom. Live in 1 and rent the other or rent them both. Property needs some TLC. Being sold AS-IS. Schedule a showing today.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
4
Year built:
1870
Baths:
4.00
MLS#:
12200272

ADDITIONAL INFORMATION

KANKAKEE - 4 UNIT APARTMENT BUILDING - Great investment opportunity! All 1 Bedroom/1 Bath, these units are in good condition. Near downtown Kankakee, the Farmers Market and shopping as well as near main thoroughfares! Call today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
4
Year built:
1900
Baths:
2.00
MLS#:
12200259

ADDITIONAL INFORMATION

KANKAKEE - 2 UNIT FOR SALE - Great investment/income producing duplex. Fully leased, and in good condition. The property is near downtown Kankakee, the Farmers Market, Courthouse and financial district of Kankakee. Call today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
3
Year built:
1920
Baths:
2.00
MLS#:
12200241

ADDITIONAL INFORMATION

KANKAKEE - 2 UNIT FOR SALE - Investor alert, great investment/income producing property or live in one unit and rent the other! Located near the Kankakee River, downtown Kankakee, and main thoroughfares. Each unit has its own furnace, new in 2021. Call today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
6
Year built:
1895
Baths:
3.00
MLS#:
12207145

ADDITIONAL INFORMATION

Prime Investment Opportunity: Fully-Leased Income Property in Kankakee, IL. This property offers cash flow with full occupancy, generating a total monthly rent of 2,740 across all units. Each unit is fully leased as follows:273 S 3rd Ave, Unit 1: Rented at 1,050/month 275 S 3rd Ave, Unit 1: Rented at 900/month 275 S 3rd Ave, Unit 2: Rented at 790/month This turn-key investment is ideal for portfolio growth, with stable, long-term tenants under active leases, ensuring immediate and ongoing revenue. Don't miss out on this fully-leased property delivering 2,740 in monthly rent right from the start! The interior photos are of Units 2 and 3, taken prior to the tenants moving in.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
3
Year built:
1908
Baths:
2.00
MLS#:
12207002

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity with this recently rehabbed 2 unit property! Each unit features its own NEW central AC and brand NEW water heater, ensuring modern comfort and convenience for tenants. This property is perfect for generating rental income while offering a contemporary living space. Don't miss out on this prime investment- schedule a viewing today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Baths:
3.00
MLS#:
12196937

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

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

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

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

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

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

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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1880
Baths:
2.00
MLS#:
12177800

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

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

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

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

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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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Kankakee Real Estate

The median home value in Kankakee, IL is $117,300. 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 $117,300. 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 60901 has a population of 24,903. Kankakee 60901 is less family-centric than the surrounding county with 23.35% 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 60901 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 60901 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.

Kankakee Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    192
    30-day change

Kankakee Schools and Demographics

Education near Kankakee, IL

Metric City County
High School Graduates 78.32 89.54
College Degree - 2 year 6.46 9.8
College Degree - 4 year 13.4 20.75
Graduate Degree 4.14 5.91
Expenditures per Student 18,117 18,117
Students per Teacher 14.4 14.4

Elementary Schools near Kankakee, IL

School Grades Students P/T Ratio ZIP
Alan B Shepard Elementary School KG - 04 468 16.1 60914
Bradley East Elementary School PK - 02 665 18 60915
Bradley West Elementary School 03 - 05 453 13.7 60915
Chebanse Elementary School KG - 04 389 15 60922
Edison Primary School KG - 03 212 18.4 60901
John Kennedy Middle Grade School 03 - 06 640 17.4 60901
King Middle Grade School 03 - 06 528 17.3 60901
Lincoln Cultural Center-Montessori Elementary KG - 08 325 16.2 60901
Mark Twain Primary School PK - 03 378 22.2 60901
Noel Levasseur Elementary School 01 - 04 340 15.7 60914
Proegler School PK - PK 321 15.3 60901
Robert Frost Elem School PK - KG 247 22.1 60914
Shabbona Elementary School 01 - 04 299 14.8 60914
St. George Elementary School KG - 08 468 17.2 60914
Steuben Elementary School KG - 03 297 13.3 60901
Taft Primary School KG - 03 460 18.5 60901

Middle Schools near Kankakee, IL

School Grades Students P/T Ratio ZIP
Bourbonnais Upper Grade Center 07 - 08 551 15.5 60914
Bradley Central Middle School 06 - 08 471 13.5 60915
Kankakee Junior High School 07 - 08 726 13.6 60901
Liberty Intermediate School 05 - 06 520 17.5 60914
Limestone Middle School 05 - 08 561 15.6 60901

High Schools near Kankakee, IL

School Grades Students P/T Ratio ZIP
Bradley-Bourbonnais C High School 09 - 12 2,042 17.6 60915
Kankakee High School 09 - 12 1,085 12.1 60901

Ungraded Schools near Kankakee, IL

School Grades Students P/T Ratio ZIP
* Salt School 09 - 12 85 14.2 60901
I Kan Regional Alternatve Att Center 06 - 12 50 10 60901
Impact Program 06 - 12 26 4.3 60901
Kankakee Area Co-op Day School 04 - 12 6 1.3 60901

Demographics near Kankakee, IL 60901

Metric Zip Code City
Neighborhood Type Suburban
Population 24,903 108,104
Population Density 1,659 160
Median Age 35.9 38.5
People per Household 2.5 2.6
Median Household Income 38,869 61,664
Average Income per Capita 21,134 30,203