924 E Willow Street Kankakee, IL $ 860,860
924 E Willow Street
$ 860,860
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924 E Willow Street

Kankakee, IL, 60901
$ 860,860
Bedrooms6 Baths0.0

Monthly Estimate*

$ 5,300

924 E Willow Street, Kankakee, IL 60901 - Image 1
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Multi-Family Home for sale in Kankakee, IL

for $860,860 with 6 bedrooms. This home was built in 1975.

!!PART OF A PORTFOLIO. MUST BUY **12-UNIT 163 N ROSEWOOD AVE. KANAKEE.** This newly renovated 11-unit multifamily property offers a strong unit mix and modern appeal. The building features ten spacious 2-bedroom units and one oversized 4-bedroom unit, all thoughtfully updated with contemporary finishes throughout. All units have undergone recent renovations, including upgraded kitchens and bathrooms, new flooring, new windows, fresh paint, NEW ROOF, significantly reducing near-term capital expenditure requirements. The renovations position the property to command market rents while minimizing turnover and maintenance costs.

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Multi-Family Active

Price

$ 860,860

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 12,040

Style

Year Built

1975

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12554596

Features
General
Year Built 1975
Stories Count 2
Tax Year 2024
Gross Income 147180
County Kankakee
Net Operating Income 164058
Operating Expense 54833
Insurance Expense 7500
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 5500
Status Price Change
Directions Head toward I-57 South (Interstate 57) from your current location - common access points are near the Dan Ryan Expressway or near McCormick Place depending on where you're starting. Merge onto I-57 S
City Kankakee
Number Of Units Total 11
MLS Area Kankakee
Tax Annual Amount 12040
Electric Expense 5800
Fuel Expense 0
Trash Expense 2688
Water Sewer Expense 9510
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 0.33 ACRES
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* Excluded Features
List By
Horvath & Tremblay Il, Llc

Broker

tshanley@htapartments.com

Email

Affordability Calculator

$6,304
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,300
Monthly Property Taxes
$1,003
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
1/26/2026$860,860 -52.17% Price Down
1/26/2026$1,800,000 Listed Price

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924 E Willow Street, Kankakee, IL, 60901 is a Multi-Family Home for sale at $860,860. 924 E Willow Street has 6 bedrooms, 0.0 baths, and was built in 1975. The property's zip code is 60901 which is in Kankakee, IL