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241 S Small Avenue Kankakee, IL $ 499,999
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$ 499,999 Get more info
241 S Small Avenue
$ 499,999
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241 S Small Avenue

Kankakee, IL, 60901
$ 499,999
Bedrooms7 Baths4.0

Monthly Estimate*

$ 3,453

241 S Small Avenue, Kankakee, IL 60901 - Image 1
241 S Small Avenue, Kankakee, IL 60901 - Image 2
241 S Small Avenue, Kankakee, IL 60901 - Image 3
241 S Small Avenue, Kankakee, IL 60901 - Image 4
241 S Small Avenue, Kankakee, IL 60901 - Image 5
241 S Small Avenue, Kankakee, IL 60901 - Image 6
241 S Small Avenue, Kankakee, IL 60901 - Image 7
241 S Small Avenue, Kankakee, IL 60901 - Image 8

Multi-Family Home for sale in Kankakee, IL

for $499,999 with 7 bedrooms and 4 full baths. This home was built in 1966 on a lot size of 0.29.

Exceptional investment opportunity! This 4-unit apartment building was completely rehabbed and effectively rebuilt in 2025. Every major component has been replaced, offering the benefits of new construction with the charm of an established property. The building features all new plumbing, mechanical systems, and electrical throughout. Each unit has been fully updated with brand-new wood flooring, modern finishes, and completely renovated interiors. All appliances are new as of 2025. No detail was overlooked - everything was redone in 2025 , providing peace of mind for both investors and owner-occupants. A true turnkey property with nothing left to do. Roof done in 2026. Close to shops and school.

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Multi-Family Active

Price

$ 499,999

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,798

Style

Lot Size

0.29

Year Built

1966

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12785343
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Brick
Year Built 1966
Township Kankakee
Tax Year 2024
Ownership Fee Simple
County Kankakee
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 19
Status New
Directions Court Street west to S Small Avenue. Turn onto S Small Avenue and continue to 241 S Small Ave. Property on the right
City Kankakee
High School District 111
MLS Area Kankakee
Tax Annual Amount 7798
Standard Status Active
Middle/Junior School District 111
Elementary School District 111
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Interior
Basement Sub-Basement Partial
Total Bedrooms 7
Total Baths 4
Bedrooms Possible 7
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Yes Owned
Water Source Public
Total Parking 8
Lot Dimensions 12805
Lot Size Acres 0.29
Waterfront Y/N N
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* Excluded Features
List By
The Joudeh Group

Broker

mjoude4@gmail.com

Email

Affordability Calculator

$4,103
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,453
Monthly Property Taxes
$650
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/14/2026$499,999 Listed Price

Map

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241 S Small Avenue, Kankakee, IL, 60901 is a Multi-Family Home for sale at $499,999 with a lot size of 0.29. 241 S Small Avenue has 7 bedrooms, 4.0 baths, and was built in 1966. The property's zip code is 60901 which is in Kankakee, IL

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