Courtesy: Keller Williams Preferred Realty
708-798-1111
Looking for an investment property? One unit vacant, other is occupied. Live in one unit and collect steady cash every month. Check out this Craftsman woodwork inspired multi family home with 2 units. Each unit features 3 generous sized bedrooms, a full bath, kitchen, living & dining rooms with mostly original hardwood flooring and built-in storage units. There is a full unfinished basement, a blank canvas for your creative ideas and an enclosed porch off the back of the home. This one won't be on the market long!
Courtesy: Berkshire Hathaway HomeServices Speckman Realty
815-937-4370
Great investment opportunity in Kankakee! This 2 unit property sits next to the 5th Avenue Community Garden and offers excellent income potential. The main level unit features 1 bedroom, a living/dining room, 1 bathroom and kitchen. The upper level unit offers 2 bedrooms, 1 bathroom and kitchen. Brand new exterior stairs (2023) provide safe and easy access to upper level. Both units share a backyard shed, perfect for lawn equipment and each unit has a brand new water heater installed in 2023. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers great versatility and rental income potential.
Courtesy: Exclusive Realtors
708-792-7244
Introducing a beautifully refreshed two-story four-unit building in the heart of Kankakee, Illinois, just a couple of blocks from the upcoming East Riverwalk park, set to be completed by year's end. All Units are 1 bed 1 bath. Each unit in this fully rented property has been thoughtfully updated before occupancy, featuring modern vinyl plank flooring, fresh paint, and refinished cabinets and countertops. Each unit is equipped with its own refrigerator and stove. The building also offers a newer rubber roof (just three years old), durable vinyl windows, steel staircases, and a basement area with potential for coin laundry installation. Tenants cover their own electric, gas, and water, while the landlord covers sewer and garbage. Current rents are 800, 650, 600, and 750 per unit. Updated plumbing and electrical. Schedule your private showing today!
Courtesy: Exclusive Realtors
708-792-7244
***6 UNITS*** Nestled in a prime Kankakee, Illinois, location near Interstate 57, this offering includes two buildings with a total of six CONDO-style units, all updated and currently occupied by month-to-month renters. Each two-bedroom, one-bath unit has been refreshed with new flooring, fresh paint, modern light fixtures, updated countertops, and refinished cabinets. The exterior includes durable vinyl siding with vinyl windows, and both buildings share a convenient parking lot. In terms of utilities, tenants cover their own electric, gas, and water, while the landlord handles sewer and garbage expenses. The rental mix is diverse, with four long-term tenants paying between 800/1200, and two additional units renting at 1,100 and 1,180. Notably, the property consists of a four-unit building and a separate two-unit building, which must be sold together. Altogether, this well-maintained multi-unit package offers a fantastic investment opportunity with a strong rental history and a prime location.
Courtesy: Realty of America, LLC
708-788-1900
Welcome to this cash-cow! This is a fantastic opportunity for experienced investors or first-time buyers looking to house-hack. Enjoy the convenience of being within walking distance to grocery stores, gas stations, parks, museums, the library, train station, and schools, with quick access to the highway! Each unit offers 2 bedrooms, a bathroom and a balcony to enjoy the view. A laundry is located in the basement. There's plenty of parking in the rear and a 1 car garage. A fenced in yard with lots of room for creativity.
Courtesy: McColly Bennett Real Estate
815-929-9381
KANKAKEE - 3 UNIT PROPERTY FOR SALE - There is a two flat home with an additional unit above the detached garage. The home has a two bedroom/1 bath unit downstairs, and a one bedroom/1bathroom unit upstairs. The garage has a 2 bedroom/1 bathroom unit above the garage. Great income potential on this newly rehabbed, move-in ready property! Call today!
Courtesy: Ultimate Realty Brokerage Svs
815-954-6467
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 $2250.00 rent role. Building has a basement for utilities. On site and street parking available.
Courtesy: McColly Bennett Real Estate
815-929-9381
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!
Courtesy: McColly Bennett Real Estate
815-929-9381
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!
Kankakee is located in Illinois. 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.
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.
