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388-390 S Washington Avenue Kankakee, IL $ 110,000
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388-390 S Washington Avenue
$ 110,000
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388-390 S Washington Avenue

Kankakee, IL, 60901
$ 110,000
Bedrooms3 Baths2.0 Sq 1,152

Monthly Estimate*

$ 677

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Multi-Family Home for sale in Kankakee, IL

for $110,000 with 3 bedrooms and 2 full baths. This 1,152 square foot home was built in 1913.

*INVESTOR SPECIAL* Duplex just blocks from downtown Kankakee, the river, hospital, restaurants, shopping, and public transportation. STRONG RENTAL AREA with consistent demand. Each unit has its own furnace and separate electric service. Landlord only pays water, sewer, and trash. {Current rents are BELOW market, offering clear value add potential.} Property features vinyl siding, some vinyl replacement windows, and a full basement with possible on-site laundry setup. Located among established residential homes with convenient access to major amenities. Solid opportunity for investors looking to increase rents and build equity in a central Kankakee location.

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Multi-Family Active

Price

$ 110,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,939

Style

American 4-Sq.

Year Built

1913

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12574722
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Architectural Style American 4-Sq.
Construction Materials Vinyl Siding
Year Built 1913
Township Kankakee
Tax Year 2024
Ownership Fee Simple
Gross Income 1400
Community Features Sidewalks Street Lights Street Paved
County Kankakee
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 7
Status New
Directions From I-57/IL-17 interchange east on IL-17 into Kankakee then south on S Washington Ave. Property on east side of street.
High School Kankakee High School
City Kankakee
High School District 111
MLS Area Kankakee
Elementary School Mark Twain Primary School
Tax Annual Amount 2939
Middle/Junior High School Edison Primary School
Trash Expense 145
Water Sewer Expense 143
Standard Status Active
Middle/Junior School District 111
Elementary School District 111
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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
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Exterior
Water Source Public
Total Parking 0
Foundation Details Stone
Lot Dimensions 50x82
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

susan.fisher@cbexchange.com;susan@fisherpowersgroup.com

Email

Affordability Calculator

$922
Per Month
73%
27%
0%
Monthly Principal & Interest
$677
Monthly Property Taxes
$245
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
5209537 Elementary School
5406488 Middle School
Kankakee High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/23/2026$110,000 Listed Price

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388-390 S Washington Avenue, Kankakee, IL, 60901 is a Multi-Family Home for sale at $110,000 with 1,152 sqft. 388-390 S Washington Avenue has 3 bedrooms, 2.0 baths, and was built in 1913. The property's zip code is 60901 which is in Kankakee, IL

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