Kankakee, IL Multifamily Homes & Duplexes for Sale

Investor Alert! Discover an exceptional opportunity with this legally nonconforming property license with the city of Kankakee featuring two separate homes on one lot, offering maximum versatility and strong income potential. Whether you're looking to offset your housing costs by living in one of the houses and renting the other, or to rent both homes out for steady cash flow, this property

Paul Kirkpatrick Exclusive Realtors

Recently rehabbed two unit in the Heart of Kankakee. First floor unit boasts High ceilings, spacious living room and kitchen, updated bathroom and two bedrooms with plenty of closet space. The second floor unit has been completely rehabbed in 2022. It is a one bedroom two bathroom unit with a bathroom in the bedroom. Both tenants are on a month to month lease. This is a perfect investment

Victor Arteaga Realty of America, LLC

Good Cash Flow property. Upper unit has baseboard heat. Heat & electric is separate. Lower unit currently vacant. Note that this property can be purchased as a package with 357 S. Indiana Ave / 464 E. Station St. / and 802 N. Harrison Ave. Close to entertainment, parks, shopping and easy expressway access.

Richard Harnik First Midwest Realty LLC

Investor Alert! Exceptional Investment Opportunity. Don't miss this prime opportunity to own a well-maintained duplex just minutes from I-57, offering convenient access to the Bradley-Bourbonnais area. This solid property features two identical units, each with two bedrooms and one full bath, all on separate utilities. The exterior showcases a blend of brick and vinyl siding, updated vinyl

Paul Kirkpatrick Exclusive Realtors

Come check out this two-unit property just outside of downtown Kankakee! It could use a little love, but it's packed with potential-whether you're looking for a solid rental investment or a great opportunity to live in one unit and rent out the other. Don't miss your chance to see this awesome property in person!

Isaiah Green Green Real Estate

Looking for an investment property? One unit vacant, other is occupied. Live in one unit and collect steady cash every month. Check out this Craftsman woodwork inspired multi family home with 2 units. Each unit features 3 generous sized bedrooms, a full bath, kitchen, living & dining rooms with mostly original hardwood flooring and built-in storage units. There is a full unfinished basement, a

Frank Montro Keller Williams Preferred Rlty

A fully renovated rental package (605-609 N Dearborn Ave, 281-283 E Birch St, and 277 E Birch St.) in Kankakee, includes both multi-unit and single-family homes, giving you solid flexibility and steady income potential. Each property has been recently updated, with improvements that make them attractive to tenants and easy to manage for any investor. At 283 E Birch, you'll find a modern 1-bedroom

Stephen Styck Styken Real Estate and Property Management

Presenting a solid investment asset - this two-story, low-rise apartment building, encompasses 4 residential units with a total of 8 bedrooms and 4 bathrooms. The property features vinyl siding and a full, unfinished basement. Each unit has been fully renovated in 2024, offering updated living spaces that are rental-ready. The unit mix includes one 3-bedroom unit, two 2-bedroom units, and one

Stephen Styck Styken Real Estate and Property Management

Investment Opportunity! Take advantage of this excellent opportunity to expand your rental portfolio with this income-producing property in a convenient Kankakee location. Whether you're a seasoned investor or just getting started, this property offers strong potential and steady returns. This home is tenant-occupied, making it a turnkey rental with immediate cash flow. It offers a solid

Stephen Styck Styken Real Estate and Property Management

Rehabbed 2-Unit Investment Property Excellent opportunity to own a fully rehabbed, cash-flow-ready 2-unit property in a high-demand rental area of Kankakee! Both units have been updated and are move-in ready for tenants, making this a perfect turnkey investment. Recent updates include: Fully updated kitchens in both units - modern finishes and functional layouts Interior rehab completed

Stephen Styck Styken Real Estate and Property Management

This solid, recently renovated duplex is a great find for any investor. Both 2-bed, 1-bath units are currently rented, offering immediate cash flow. Inside, you'll find modern upgrades like luxury vinyl flooring, quartz countertops in one unit, fresh carpet in the bedrooms, and beautifully tiled bath surrounds-making it both low-maintenance and appealing to tenants. Whether you're building your

Stephen Styck Styken Real Estate and Property Management

Check out this well-maintained duplex at 592 N Dearborn Ave-a great opportunity for any investor or owner-occupant. The building has two units: one is a 3-bed, 1-bath and the other is a 2-bed, 1-bath, ready to generate income. Located in a residential neighborhood, this property is close to local schools, parks, and just minutes from downtown Kankakee. Tenants pay their own electric, and the

Stephen Styck Styken Real Estate and Property Management

Turnkey Rental Opportunity - Tenant in Place | 768 N Indiana Ave, Kankakee, IL Great opportunity to add a performing rental to your portfolio! This well-maintained home features a long-term tenant already in place, offering immediate rental income with no upfront work needed. Recent updates include: Newer flooring and fresh paint throughout - clean, modern interior ready for continued

Stephen Styck Styken Real Estate and Property Management

This updated duplex offers a great opportunity for both investors and owner-occupants. Recent improvements include a brand new roof, fresh exterior siding, and new back steps, making this property truly move-in and rental-ready. Each unit features 1 bedroom and 1 bathroom, with the lower unit boasting a bright sunroom filled with natural light-perfect for added living space or a home office. The

Stephen Styck Styken Real Estate and Property Management

Fantastic investment opportunity! This affordable and well-maintained 2-unit property is a rare find, with tenants in place for over 10 and 15 years, providing stable, long-term rental income. The home has been meticulously cared for, minimizing maintenance concerns. Whether you're looking to expand your portfolio or start your investment journey, this property offers immediate cash flow with

Monica Pizano RE/MAX Prestige Homes

In need of rehab, 2 Unit - 2 Bedroom - 1 Bath each unit. Hardwood floors in 2nd floor unit. Roof 2020. Great location near St. Mary's Hospital, Banks and shopping. Offer must have buyer PROOF OF FUNDS/APPROVAL LETTER. Property is sold AS IS/WHERE IS. No Inspections or Survey paid by Seller. Earnest money payable by Cashier's Check to Speckman Realty.

Amanda Fedrow Berkshire Hathaway HomeServices Speckman Realty

This unique investment opportunity features three separate homes situated on a stunning 2.41-acre lot with breathtaking views of the Kankakee River and Island View Marina. Whether you're an investor looking for rental income or a visionary ready to build your dream estate, this property offers endless potential. Home #1 features vaulted ceilings, a spacious living room, an updated kitchen with

Kimberly Wirtz Wirtz Real Estate Group Inc.

KANKAKEE - 3 UNIT PROPERTY FOR SALE - There is a two flat home with an additional unit above the detached garage. The home has a two bedroom/1 bath unit downstairs, and a one bedroom/1bathroom unit upstairs. The garage has a 2 bedroom/1 bathroom unit above the garage. Great income potential on this newly rehabbed, move-in ready property! Call today!

Buck Tamblyn McColly Bennett Real Estate

Nice 4 unit building in good condition with separate addresses and separate exterior entrances for lower level. Unit contains 4 -1 bedroom unit's with $2150.00 rent role. Building has a basement for utilities. On site and street parking available.

Frank Tripodi Ultimate Realty Brokerage Svs

Prime Investment Opportunity: Fully-Leased Income Property in Kankakee, IL. This property offers cash flow with full occupancy, generating a total monthly rent of 2,740 across all units. Each unit is fully leased as follows:273 S 3rd Ave, Unit 1: Rented at 1,050/month 275 S 3rd Ave, Unit 1: Rented at 900/month 275 S 3rd Ave, Unit 2: Rented at 790/month This turn-key investment is ideal for

Isaiah Green Green Real Estate

KANKAKEE - 9 UNIT ROOMING HOUSE - The downstairs consists of 4 single rooms and a community kitchen, 1 common bathroom, and a common Laundry Room. The upstairs has 5 single rooms and 1 common bathroom. The property does carry a rental license and management is available if needed. Great income producing property!! Call today!

Buck Tamblyn McColly Bennett Real Estate

KANKAKEE - 2 UNIT FOR SALE - Investor alert, great investment/income producing property or live in one unit and rent the other! Located near the Kankakee River, downtown Kankakee, and main thoroughfares. Each unit has its own furnace, new in 2021. Call today!

Buck Tamblyn McColly Bennett Real Estate

KANKAKEE - 2 UNIT FOR SALE - Great investment/income producing duplex. Fully leased, and in good condition. The property is near downtown Kankakee, the Farmers Market, Courthouse and financial district of Kankakee. Call today!

Buck Tamblyn McColly Bennett Real Estate