355 E Bourbonnais Street Kankakee, IL $ 139,000
355 E Bourbonnais Street
$ 139,000
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355 E Bourbonnais Street

Kankakee, IL, 60901
$ 139,000
Bedrooms6 Baths2.0 Sq 2,696

Monthly Estimate*

$ 878

355 E Bourbonnais Street, Kankakee, IL 60901 - Image 1
355 E Bourbonnais Street, Kankakee, IL 60901 - Image 2
355 E Bourbonnais Street, Kankakee, IL 60901 - Image 3
355 E Bourbonnais Street, Kankakee, IL 60901 - Image 4
355 E Bourbonnais Street, Kankakee, IL 60901 - Image 5

Multi-Family Home for sale in Kankakee, IL

for $139,000 with 6 bedrooms and 2 full baths. This 2,696 square foot home was built in 1903 on a lot size of 0.11.

This solid two unit investment property offers exceptional income potential, with each spacious three bedroom unit boasting over thirteen hundred square feet of living space. Durable vinyl siding and vinyl windows complement a roof less than five years old, while a large attic presents exciting potential for conversion into a third unit. Utilities are separately metered, with tenants responsible for all costs except sewer and garbage, and current rents of twelve hundred dollars per unit with matching security deposits make this a turnkey opportunity for any investor. Ideally located near the local farmers market and the river, this property combines strong cash flow with genuine long term upside. Don't miss your chance to add this promising investment to your portfolio.

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Multi-Family Active

Price

$ 139,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,804

Style

Lot Size

0.11

Year Built

1903

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12727256

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Construction Materials Vinyl Siding
Year Built 1903
Township Kankakee
Tax Year 2023
Ownership Fee Simple
Gross Income 2400
Community Features Park Curbs Sidewalks Street Lights Street Paved
County Kankakee
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status Active
Directions Take S. Schuyler Ave. South to E. Bourbonnais St. 2 blocks West to property on North side of street.
High School Kankakee High School
City Kankakee
High School District 111
MLS Area Kankakee
Tax Annual Amount 3804.44
Middle/Junior High School Kankakee Junior High School
Standard Status Active
Middle/Junior School District 111
Elementary School District 111
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Interior
Basement Unfinished Full
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley Yes
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 50X100
Lot Size Acres 0.11
Waterfront Y/N N
Other Equipment CO Detectors Multiple Water Heaters Water Heater-Gas
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* Excluded Features
List By
Exclusive Realtors

Broker

Paulkirkpatrick30@gmail.com

Email

Affordability Calculator

$1,195
Per Month
73%
27%
0%
Monthly Principal & Interest
$878
Monthly Property Taxes
$317
Monthly 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
566955 Elementary School
1540058 Middle School
Kankakee High School High School
Pricing History
DatePricePrice ChangeDescription
8/8/2026$139,000 Listed Price

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355 E Bourbonnais Street, Kankakee, IL, 60901 is a Multi-Family Home for sale at $139,000 with 2,696 sqft and a lot size of 0.11. 355 E Bourbonnais Street has 6 bedrooms, 2.0 baths, and was built in 1903. The property's zip code is 60901 which is in Kankakee, IL