560 S 5th Avenue Kankakee, IL ^$ 194,900

560 S 5th Avenue

^$ 194,900

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560 S 5th Avenue

Kankakee, IL, 60901

^$ 194,900

Bedrooms5 Baths0.0

Monthly Estimate*

^$ 1,200

560 S 5th Avenue, Kankakee, IL 60901 - Image 1

Multi-Family Home for sale in Kankakee, IL

for $194,900 with 5 bedrooms. This home was built in 1910.

Fully occupied 5-unit building with off street parking. Each unit has 1 bedroom, 1 bath and separate utilities. 4 units have gas heat and 3 units have central ac, the 5th unit has electric heat and window ac unit. Very productive unit and seller is motivated, will entertain all offers.

Multi-Family Active

Price

^$ 194,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 3,417

Style

Multi-Family

Year Built

1910

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12444948

Features

General

Cooling Central Air Window Unit(s)

Possession Closing

Zoning MULTI

Construction Materials Vinyl Siding

Year Built 1910

Tenant Pays Electricity Heat

Stories Count 3

Township Kankakee

Tax Year 2024

Current Use Multi-Family

Gross Income 2500

County Kankakee

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Active

Directions Court St. to Washington south to Station west to 5th then south to property.

City Kankakee

Number Of Units Total 5

MLS Area Kankakee

Tax Annual Amount 3417.82

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Interior

Basement Unfinished

Exterior

Lot Dimensions 50 X 145 X 50 X 150

* Excluded Features

List By

Ultimate Realty Brokerage Svs

Broker

ft4homes@yahoo.com

Affordability Calculator

$1,485

Per Month

Monthly Principal & Interest: $1,200
Monthly Property Taxes: $285
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Kankakee, IL

Average List Price ^$139,983

Percent of Sale Price 28%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/19/2025	$194,900	-2.50%	Price Down
8/13/2025	$199,900		Listed Price

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560 S 5th Avenue, Kankakee, IL, 60901 is a Multi-Family Home for sale at $194,900. 560 S 5th Avenue has 5 bedrooms, 0.0 baths, and was built in 1910. 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 6.25% 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.

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 1/22/2026.

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560 S 5th Avenue

Multi-Family Home for sale in Kankakee, IL

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