247 W Merchant Street Kankakee, IL $ 135,000
247 W Merchant Street
$ 135,000
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247 W Merchant Street

Kankakee, IL, 60901
$ 135,000
Bedrooms1 Baths0.0

Monthly Estimate*

$ 831

247 W Merchant Street, Kankakee, IL 60901 - Image 1
247 W Merchant Street, Kankakee, IL 60901 - Image 2
247 W Merchant Street, Kankakee, IL 60901 - Image 3
247 W Merchant Street, Kankakee, IL 60901 - Image 4
247 W Merchant Street, Kankakee, IL 60901 - Image 5
247 W Merchant Street, Kankakee, IL 60901 - Image 6
247 W Merchant Street, Kankakee, IL 60901 - Image 7
247 W Merchant Street, Kankakee, IL 60901 - Image 8
247 W Merchant Street, Kankakee, IL 60901 - Image 9

Multi-Family Home for sale in Kankakee, IL

for $135,000 with 1 bedroom. This home was built in 1910 on a lot size of 0.11.

KANKAKEE - 9 UNIT ROOMING HOUSE - The downstairs consists of 4 single rooms and a community kitchen, 1 common bathroom, and a common Laundry Room. The upstairs has 5 single rooms and 1 common bathroom. The property does carry a rental license and management is available if needed. Great income producing property!! Call today!

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Multi-Family Contingent

Price

$ 135,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 2,404

Style

Multi-Family,Single Room Occupancy

Lot Size

0.11

Year Built

1910

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12172098

Features
General
Cooling Window Unit(s)
Roof Fiberglass
Zoning MULTI
Construction Materials Stucco
Year Built 1910
Tenant Pays None
Stories Count 2
Township Kankakee
Tax Year 2024
Current Use Multi-Family Single Room Occupancy
Gross Income 48000
County Kankakee
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 0
Possible Use Multi-Family
Status Contingent
Directions I-57 SOUTH EXIT 312 KANKAKEE TURN R ON IL-17(COURT ST) TURN L ONTO S. WASHINGTON AVE. & R ONTO W. MERCHANT.
City Kankakee
Number Of Units Total 9
MLS Area Kankakee
Tax Annual Amount 2404.38
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active Under Contract
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Exterior
Lot Dimensions 65X75X85X62
Lot Size Acres 0.11
Frontage Type City Street
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* Excluded Features
List By
Mccolly Bennett Real Estate

Broker

bucktamblyn@mccolly.com

Email

Affordability Calculator

$1,032
Per Month
81%
19%
0%
Monthly Principal & Interest
$831
Monthly Property Taxes
$200
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$135,000 -9.94% Price Down
10/22/2025$149,900 -6.25% Price Down
9/4/2025$159,900 -3.09% Price Down
8/6/2025$165,000 -5.71% Price Down
6/25/2025$175,000 -12.50% Price Down
5/28/2025$200,000 -6.98% Price Down
11/25/2024$215,000 -4.44% Price Down
10/2/2024$225,000 Listed Price

Map


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247 W Merchant Street, Kankakee, IL, 60901 is a Multi-Family Home for sale at $135,000 with a lot size of 0.11. 247 W Merchant Street has 1 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 60901 which is in Kankakee, IL