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1095-1097 E Merchant Street Kankakee, IL $ 195,000
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$ 195,000 Get more info
1095-1097 E Merchant Street
$ 195,000
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1095-1097 E Merchant Street

Kankakee, IL, 60901
$ 195,000
Bedrooms5 Baths2.0 Sq 1,904

Monthly Estimate*

$ 1,201

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Multi-Family Home for sale in Kankakee, IL

for $195,000 with 5 bedrooms and 2 full baths. This 1,904 square foot home was built in 1890.

Fantastic Investment Opportunity in Kankakee! This remodeled 2-unit building is ideal for investors or those seeking a multi-family living option. The property includes a spacious 3-bedroom, 1-bathroom unit and a well-designed 2-bedroom, 1-bathroom unit, both featuring modern finishes and thoughtful upgrades. Each unit is equipped with its own laundry facilities, providing added convenience for residents. Both apartments offer comfortable living spaces with access to front and back porches, making them highly desirable for tenants. A sidewalk leads to a detached 2-car garage, offering plenty of parking and storage options. Conveniently located near local amenities, this property has the potential to generate strong cash flow through rental income. Don't miss the chance to own a versatile property with incredible investment potential-schedule your showing today!

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Multi-Family Active

Price

$ 195,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,423

Style

Year Built

1890

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12624227
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1890
Township Kankakee
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks Street Lights Street Paved
County Kankakee
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 9
Status Active
Directions Take Court Street to Evergreen Ave. Evergreen to Merchant St. and property is on your left.
City Kankakee
High School District 111
MLS Area Kankakee
Tax Annual Amount 2423
Standard Status Active
Middle/Junior School District 111
Elementary School District 111
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 58X141
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Infinity

Broker

MyRealtor@Quiaro.com

Email

Affordability Calculator

$1,403
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,201
Monthly Property Taxes
$202
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
566955 Elementary School
566932 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/4/2026$195,000 Listed Price

Map

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1095-1097 E Merchant Street, Kankakee, IL, 60901 is a Multi-Family Home for sale at $195,000 with 1,904 sqft. 1095-1097 E Merchant Street has 5 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 60901 which is in Kankakee, IL

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