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1525 E Risser Street Kankakee, IL $ 469,900
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1525 E Risser Street
$ 469,900
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1525 E Risser Street

Kankakee, IL, 60901
$ 469,900
Bedrooms3 Baths0.0

Monthly Estimate*

$ 2,967

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Multi-Family Home for sale in Kankakee, IL

for $469,900 with 3 bedrooms. This home was built in 1968 on a lot size of 0.197452.

MULTIFAMILY INVESTMENT PROPERTY OPPORTUNITY! Eight unit money making/income producing & fully rented property. Four two bedrooms units & four one bedroom units - all units are in move in ready condition. Rents range from $950-$1,350 per month. Seller has recently updated parking lot, boiler, water heaters, & replaced roof. Coin laundry room on site. Nothing left for you to do but collect rent - schedule your showing today!

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Multi-Family Active

Price

$ 469,900

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 5,059

Style

Multi-Family

Lot Size

0.197452

Year Built

1968

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12774011
Features
General
Cooling Wall Sleeve
Possession Closing
Roof Fiberglass
Zoning MULTI
Construction Materials Wood Vinyl Siding
Year Built 1968
Tenant Pays Heat
Stories Count 2
Township Kankakee
Tax Year 2025
Current Use Multi-Family
Gross Income 98100
County Kankakee
Net Operating Income 62500
Operating Expense 30500
Insurance Expense 2000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Possible Use Multi-Family
Status New
Directions Court St to Nelson turn south to Risser turn left onto Risser building is on the left.
City Kankakee
Number Of Units Total 8
MLS Area Kankakee
Lot Size Square Feet 8601
Tax Annual Amount 5059
Electric Expense 1000
Fuel Expense 2000
Trash Expense 500
Water Sewer Expense 12000
Additional Parcels Y/N N
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 142X61
Frontage Type City Street
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* Excluded Features
List By
Goggin Real Estate Llc

Broker

buyandsellwithraquelgoggin@gmail.com; raquel@gogginrealestate.com

Email

Affordability Calculator

$3,389
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,967
Monthly Property Taxes
$422
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
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/1/2026$469,900 Listed Price

Map

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1525 E Risser Street, Kankakee, IL, 60901 is a Multi-Family Home for sale at $469,900 with a lot size of 0.197452. 1525 E Risser Street has 3 bedrooms, 0.0 baths, and was built in 1968. The property's zip code is 60901 which is in Kankakee, IL

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