Kankakee, US
***6 UNITS*** Nestled in a prime Kankakee, Illinois, location near Interstate 57, this offering includes two buildings with a total of six CONDO-style units, all updated and currently occupied by month-to-month renters. Each two-bedroom, one-bath unit has been refreshed with new flooring, fresh paint, modern light fixtures, updated countertops, and refinished cabinets. The exterior includes durable vinyl siding with vinyl windows, and both buildings share a convenient parking lot. In terms of utilities, tenants cover their own electric, gas, and water, while the landlord handles sewer and garbage expenses. The rental mix is diverse, with four long-term tenants paying between 800/1200, and two additional units renting at 1,100 and 1,180. Notably, the property consists of a four-unit building and a separate two-unit building, which must be sold together. Altogether, this well-maintained multi-unit package offers a fantastic investment opportunity with a strong rental history and a prime location.
Courtesy Of: Exclusive Realtors
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 09/23/2025
Interior Features
- Bedrooms Possible:
- 8
- Rooms Total:
- 16
Exterior Features and Amenities
- Lot Size Dimensions:
- 75x100
- Parking Total:
- 8
Financial
- Purchase Contract Date:
- 2025-10-21
- Days On Market:
- 29
- Tax Annual Amount:
- $6,152.78
- Tax Year:
- 2024
Other Features
- Elementary School District:
- 111
- High School District:
- 111
- Middle Or Junior School District:
- 111
- Age:
- 71-80 Years
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Data last updated: 2025-12-19.
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