605 N Dearborn Avenue Kankakee, IL ^$ 259,000

605 N Dearborn Avenue

^$ 259,000

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Recently Listed

605 N Dearborn Avenue

Kankakee, IL, 60901

^$ 259,000

Bedrooms6 Baths0.0

Monthly Estimate*

^$ 1,635

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Multi-Family Home for sale in Kankakee, IL

for $259,000 with 6 bedrooms. This home was built in 1912.

Large multi-unit property, This property offers generous living space and presents an excellent opportunity for investors or owner-occupants looking to add value.

Multi-Family Active

Price

^$ 259,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 3,429

Style

Year Built

1912

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12704381

Features

General

Cooling Window Unit(s)

Year Built 1912

Stories Count 2

Township Kankakee

Tax Year 2025

Gross Income 54180

County Kankakee

Net Operating Income 22796

Operating Expense 31384

Insurance Expense 0

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Active

Directions Go west of 57 on rt17 to N Harrison ave turn north take that to E Birch st and turn west go two blocks house will be on the corner of birch and dearborn

City Kankakee

Number Of Units Total 5

MLS Area Kankakee

Tax Annual Amount 3429

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 7 250sqft

* Excluded Features

List By

Green Real Estate

Broker

deecohenrealtor@gmail.com

Affordability Calculator

$1,921

Per Month

Monthly Principal & Interest: $1,635
Monthly Property Taxes: $286
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$433,252

Percent of Sale Price 67%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/17/2026	$259,000		Listed Price

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605 N Dearborn Avenue, Kankakee, IL, 60901 is a Multi-Family Home for sale at $259,000. 605 N Dearborn Avenue has 6 bedrooms, 0.0 baths, and was built in 1912. The property's zip code is 60901 which is in Kankakee, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 7/26/2026.

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605 N Dearborn Avenue

Multi-Family Home for sale in Kankakee, IL

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