946 S Schuyler Avenue Kankakee, IL $ 149,900
946 S Schuyler Avenue
$ 149,900
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946 S Schuyler Avenue

Kankakee, IL, 60901
$ 149,900
Bedrooms3 Baths3.0

Monthly Estimate*

$ 923

946 S Schuyler Avenue, Kankakee, IL 60901 - Image 1
946 S Schuyler Avenue, Kankakee, IL 60901 - Image 2
946 S Schuyler Avenue, Kankakee, IL 60901 - Image 3
946 S Schuyler Avenue, Kankakee, IL 60901 - Image 4
946 S Schuyler Avenue, Kankakee, IL 60901 - Image 5

Multi-Family Home for sale in Kankakee, IL

for $149,900 with 3 bedrooms and 3 full baths. This home was built in 1905 on a lot size of 0.17.

This exceptional investment property in desirable Kankakee, Illinois, strategically positioned just off Schuyler near the local farmers market and within walking distance to the river, presents a compelling opportunity for local investors. The well-maintained three-unit building features two spacious one-bedroom apartments, one on the main floor and one on the upper level, alongside an efficient studio unit with charming loft space, all currently occupied by reliable long-term tenants providing steady, consistent income at 550 dollars monthly for the efficiency unit, 600 dollars for the upper one-bedroom, and 900 dollars for the main floor one-bedroom, with tenants responsible for gas and electric while the landlord maintains water, sewer, and garbage services. The property boasts superior curb appeal with updated Dutch lap vinyl siding and a durable architectural roof, featuring wrapped windows and soffits ensuring the new owner will not have to paint the windows or soffits during the rental relicensing process upon sale, while the practical basement exterior access ensures convenient maintenance without disrupting tenant occupancy, and the property offers street parking with additional parking spaces in the back for tenants. Schedule your showing today. 24hr notice needed.

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Multi-Family Active

Price

$ 149,900

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,025

Style

Traditional

Lot Size

0.17

Year Built

1905

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12649319

Features
General
Sewer Public Sewer
Heating Natural Gas Electric Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1905
Township Kankakee
Tax Year 2024
Ownership Fee Simple
Community Features Park Curbs Sidewalks Street Lights Street Paved
County Kankakee
Net Operating Income 11066
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 0
Other Structures None
Total Rooms 7
Status New
Directions Court St to Schuyler Ave; South on Schuyler to property. Located 2 1/2 blocks south of the Kankakee River/Schuyler bridge.
High School Kankakee High School
City Kankakee
High School District 111
MLS Area Kankakee
Elementary School Taft Primary School
Tax Annual Amount 3025
Middle/Junior High School John Kennedy Middle Grade School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 111
Elementary School District 111
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Interior
Basement Unfinished Exterior Entry Full
Total Bedrooms 3
Total Baths 3
Bedrooms Possible 3
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Exterior Amenities Balcony
Parking Features Off Alley Off Street Yes Owned
Water Source Public
Total Parking 4
Foundation Details Block Stone
Lot Dimensions 50X150
Lot Size Acres 0.17
Waterfront Y/N N
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* Excluded Features
List By
Exclusive Realtors

Broker

Paulkirkpatrick30@gmail.com

Email

Affordability Calculator

$1,175
Per Month
79%
21%
0%
Monthly Principal & Interest
$923
Monthly Property Taxes
$252
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
4513580 Elementary School
5473822 Middle School
Kankakee High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2026$149,900 Listed Price

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946 S Schuyler Avenue, Kankakee, IL, 60901 is a Multi-Family Home for sale at $149,900 with a lot size of 0.17. 946 S Schuyler Avenue has 3 bedrooms, 3.0 baths, and was built in 1905. The property's zip code is 60901 which is in Kankakee, IL