Multi-Family: MLS #12395196 Kankakee, IL ^$ 200,000

Multi-Family: MLS #12395196

^$ 200,000

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Multi-Family: MLS #12395196

Name: address
Address: IL, 60901

Kankakee, IL, 60901

^$ 200,000

Bedrooms4 Baths4.0

Monthly Estimate*

^$ 1,248

Multi-Family Home for sale in Kankakee, IL

for $200,000 with 4 bedrooms and 4 full baths. This home was built in 1900.

Investor alert! This solid four-unit building in Kankakee offers strong rental income and a prime location. Each unit offers 1 Bedrooms & 1 Bathroom, making it an easy addition to your portfolio or a great option for house-hacking. The neighborhood is rich in culture and convenience, offering endless recreation options year round. Whether you're a seasoned investor or just getting started, this property offers stability, scalability, and upside potential. Schedule your showing today!"

Multi-Family Contingent

Price

^$ 200,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,946

Style

Year Built

1900

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12395196

Features

General

Sewer Public Sewer

Heating Electric

Possession Tenant's Rights

Garage Spaces 2.5

Construction Materials Vinyl Siding

Year Built 1900

Township Kankakee

Tax Year 2023

Ownership Fee Simple

County Kankakee

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 20

Status Contingent

Directions Court St to Washington Ave South to home.

City Kankakee

High School District 111

MLS Area Kankakee

Tax Annual Amount 2946.95

Standard Status Active Under Contract

Middle/Junior School District 111

Elementary School District 111

Interior

Basement Unfinished Full

Total Bedrooms 4

Total Baths 4

Bedrooms Possible 4

Full Baths Building 4

Half Baths Building 0

Total Number of Units 4

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Public

Total Parking 2.5

Lot Dimensions 50X145

Waterfront Y/N N

Other Equipment TV-Cable

* Excluded Features

List By

Realty Of America, Llc

Broker

tony.toledo@toledopropertiesgroup.com

Affordability Calculator

$1,493

Per Month

Monthly Principal & Interest: $1,248
Monthly Property Taxes: $246
Monthly Home Insurance: --

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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 ^$142,737

Percent of Sale Price 29%

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
12/29/2025	$200,000		Listed Price

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*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 1/3/2026.

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Multi-Family: MLS #12395196

Multi-Family Home for sale in Kankakee, IL

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