Kankakee, US
Excellent investment opportunity with this fully electric 4-unit multifamily building, featuring spacious 2-bedroom, 1.5-bath units in a desirable and high-demand rental area. Tenants pay all there own utilities which is a great addition to this deal. The building has well below market rent so you would have the ability to increase rents to market rents immediately. NEW Parking lot was done in 2024 with 8 total parking spots. Building sits on a big parcel in which you have the ability to development an additional 4 units.
Courtesy Of: Horvath & Tremblay IL, LLC
General Features
- List Date:
- 10/06/2025
Interior Features
- Bedrooms Possible:
- 2
- Rooms Total:
- 7
Exterior Features and Amenities
- Lot Size Dimensions:
- 15675
- Parking Total:
- 8
Financial
- Purchase Contract Date:
- 2026-01-06
- Days On Market:
- 98
- Tax Annual Amount:
- $9,112.00
- Tax Year:
- 2024
Other Features
- Elementary School District:
- 53
- High School District:
- 111
- Middle Or Junior School District:
- 307
- Age:
- 31-40 Years
Directions
Get onto I94/I90 (the Dan Ryan Expressway) heading south. Merge onto I57 south toward Champaign. Continue on I57 south for many miles, passing through the south suburbs. Take Exit 327 for IL50 / Convent Street toward Kankakee / Bourbonnais. Turn left (east) onto IL50 N / Convent Street. Continue east or northeast on IL50 / Convent to reach local Bourbonnais roads. Turn onto a local street toward Mohawk Drive. Arrive at 261 Mohawk Drive, Bourbonnais.
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Data last updated: 2026-01-13.
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