Back to search
1585 W Station Street Kankakee, IL $ 350,000
Share Save
$ 350,000 Get more info
1585 W Station Street
$ 350,000
Back to search
Recently Listed
Share Save

1585 W Station Street

Kankakee, IL, 60901
$ 350,000
Bedrooms7 Baths4.0

Monthly Estimate*

$ 2,155

1585 W Station Street, Kankakee, IL 60901 - Image 1
1585 W Station Street, Kankakee, IL 60901 - Image 2
1585 W Station Street, Kankakee, IL 60901 - Image 3
1585 W Station Street, Kankakee, IL 60901 - Image 4
1585 W Station Street, Kankakee, IL 60901 - Image 5
1585 W Station Street, Kankakee, IL 60901 - Image 6
1585 W Station Street, Kankakee, IL 60901 - Image 7
1585 W Station Street, Kankakee, IL 60901 - Image 8

Multi-Family Home for sale in Kankakee, IL

for $350,000 with 7 bedrooms and 4 full baths. This home was built in 1975.

Discover a solid four-unit investment opportunity, ideally located in a well-established neighborhood. Built in the 1970s, this multi-family property offers three spacious 2-bedroom, 1-bath units with an additional 1 bed 1 bath unit with strong market rents. This property presents an excellent opportunity for rental income with strong occupancy potential and a layout that appeals to a wide range of tenants. Investors will appreciate the long-term cash flow potential and the opportunity for value-add improvements. Don't miss your chance to own a well-located four-unit asset in a stable rental market. Schedule a tour today!

See more
Multi-Family Active

Price

$ 350,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,797

Style

Year Built

1975

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12582153
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Specific
Construction Materials Brick
Year Built 1975
Township Kankakee
Tax Year 2024
Ownership Fee Simple
Gross Income 47640
County Kankakee
Insurance Expense 1300
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 19
Status Active
Directions heading south on a major road such as I-57 South - this is the most direct route to Kankakee. Continue on I-57 S for most of the trip (about 40-45 miles). As you approach the Kankakee area take the e
City Kankakee
High School District 111
MLS Area Kankakee
Tax Annual Amount 7797.54
Electric Expense 600
Fuel Expense 3000
Water Sewer Expense 4800
Standard Status Active
Middle/Junior School District 61
Elementary School District 61
See more
Interior
Basement Crawl Space
Total Bedrooms 7
Total Baths 4
Bedrooms Possible 7
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
See more
Exterior
Water Source Private
Total Parking 8
Lot Dimensions 0.29 Acress
Waterfront Y/N N
See more
* Excluded Features
List By
Horvath & Tremblay Il, Llc

Broker

tshanley@htapartments.com

Email

Affordability Calculator

$2,805
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,155
Monthly Property Taxes
$650
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
566955 Elementary School
566932 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/3/2026$350,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1585 W Station Street, Kankakee, IL, 60901 is a Multi-Family Home for sale at $350,000. 1585 W Station Street has 7 bedrooms, 4.0 baths, and was built in 1975. The property's zip code is 60901 which is in Kankakee, IL

Get more info