653 E River Street Kankakee, IL ^$ 79,500

653 E River Street

^$ 79,500

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653 E River Street

Kankakee, IL, 60901

^$ 79,500

Bedrooms3 Baths2.0

Monthly Estimate*

^$ 496

653 E River Street, Kankakee, IL 60901 - Image 1

Multi-Family Home for sale in Kankakee, IL

for $79,500 with 3 bedrooms and 2 full baths. This home was built in 1920.

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!

Multi-Family Contingent

Price

^$ 79,500

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,073

Style

Year Built

1920

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12200241

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Construction Materials Frame

Year Built 1920

Township Kankakee

Tax Year 2024

Ownership Fee Simple

County Kankakee

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Other Structures Garage Faces Side

Total Rooms 8

Status Contingent

Directions Court street to Indiana Indian to River Street. Turn left from Indian street to River Street House is on left hand side on River Street.

City Kankakee

High School District 111

MLS Area Kankakee

Tax Annual Amount 3073.36

Additional Parcels Y/N N

Standard Status Active Under Contract

Middle/Junior School District 111

Elementary School District 111

Interior

Basement Unfinished Full

Total Bedrooms 3

Total Baths 2

Bedrooms Possible 3

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Unassigned Garage Faces Side Yes Owned

Water Source Public

Total Parking 2

Lot Dimensions 50 X 65

Waterfront Y/N N

* Excluded Features

List By

Mccolly Bennett Real Estate

Broker

bucktamblyn@mccolly.com

Affordability Calculator

$752

Per Month

Monthly Principal & Interest: $496
Monthly Property Taxes: $256
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Kankakee, IL

Average List Price ^$187,000

Percent of Sale Price 135%

About Kankakee, IL

25,835 Population

-8% Since 2002

^$35,173 Median Income

35.04 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566955 Elementary School

566932 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2025	$79,500	-3.64%	Price Down
9/4/2025	$82,500	-2.94%	Price Down
8/6/2025	$85,000	-5.56%	Price Down
5/28/2025	$90,000	-5.26%	Price Down
3/17/2025	$95,000	-5.00%	Price Down
1/9/2025	$100,000	-9.09%	Price Down
11/25/2024	$110,000	-4.35%	Price Down
11/12/2024	$115,000		Listed Price

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653 E River Street, Kankakee, IL, 60901 is a Multi-Family Home for sale at $79,500. 653 E River Street has 3 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 60901 which is in Kankakee, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/23/2025.

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653 E River Street

Multi-Family Home for sale in Kankakee, IL

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