505 S Chicago Avenue Kankakee, IL $ 191,000
505 S Chicago Avenue
$ 191,000
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505 S Chicago Avenue

Kankakee, IL, 60901
$ 191,000
Bedrooms6 Baths2.0 Sq 1,830

Monthly Estimate*

$ 1,176

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Multi-Family Home for sale in Kankakee, IL

for $191,000 with 6 bedrooms and 2 full baths. This 1,830 square foot home was built in 1900.

KANKAKEE MOVE-IN-READY 2 UNIT! Fully renovated in 2025, this two-unit property offers two ample sized 3-bedroom, 1-bath units designed with open-concept living which supports both relaxation and everyday comfort. The main-level unit features a comfortable living and open dining room, which flows into the kitchen making the area the preferred family entertainment spot! The upper-level unit offers a relaxed yet open-plan layout as well. The unrestricted kitchen opens directly to a light-filled comfortable living area. Both units include well-appointed bathrooms with neutral, cohesive finishes. 2025 renovations include new drywall, fresh interior paint, updated electrical and plumbing, refined modern lighting, and continuous laminate and waterproof vinyl plank flooring throughout. Updated generous sized kitchens and baths with large windows throughout enhance the open, airy feel of each unit. Additional improvements include a partially replaced roof, select new windows, new rear foundation section, a full unfinished basement for storage or utility use, and a detached one-car garage. Call for an appointment today!

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Multi-Family Active

Price

$ 191,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,088

Style

Year Built

1900

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12558710

Features
General
Sewer Public Sewer
Heating Baseboard
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 1
Construction Materials Vinyl Siding
Year Built 1900
Township Kankakee
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Kankakee
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status Active
Directions Take Court Street to South Chicago Building on right side on the corner.
City Kankakee
High School District 111
MLS Area Kankakee
Tax Annual Amount 3088.94
Additional Parcels Y/N N
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 Yes Garage Owned Detached Off Street Driveway Owned Garage
Lot Features Corner Lot
Water Source Public
Total Parking 5
Foundation Details Concrete Perimeter
Lot Dimensions 50 X 85
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

Brenda.Ervin@cbexchange.com

Email

Affordability Calculator

$1,433
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,176
Monthly Property Taxes
$257
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
566955 Elementary School
566932 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/11/2026$191,000 Listed Price

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505 S Chicago Avenue, Kankakee, IL, 60901 is a Multi-Family Home for sale at $191,000 with 1,830 sqft. 505 S Chicago Avenue has 6 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 60901 which is in Kankakee, IL