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Kankakee, IL Multifamily Homes & Duplexes for Sale

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  • /37

    $185,000

    $10K PRICE DROP
    • 5 Beds
    • 2 Baths

    1095 E Merchant St, Kankakee, IL 60901

    Fantastic Investment Opportunity in Kankakee! This remodeled 2-unit building is ideal for investors or those seeking a multi-family living option. The property includes a spacious 3-bedroom, 1-bathroom unit and a well-designed 2-bedroom, 1-bathroom unit, both featuring modern finishes and thoughtful upgrades. Each unit is equipped with its own laundry facilities, providing added convenience for

    Leda Quiaro Keller Williams Infinity

    1095 E Merchant St, Kankakee, IL 60901
  • /6

    $105,000

    • 4 Beds
    • 2 Baths

    369 S 3rd Ave Unit 371, Kankakee, IL 60901

    Whether you're looking for your first investment property or want to live in one unit while collecting rent from the other, this one makes sense! Brick 2-flat with two spacious 2 bedroom units, full basement with tenant laundry area for the first floor unit and extra storage space through the walk-up attic access in the second floor unit. This property also includes an additional lot behind the

    Nayeli Perez Realty of America, LLC

    369 S 3rd Ave Unit 371, Kankakee, IL 60901
  • /17

    $190,000

    $10K PRICE DROP
    • 6 Beds
    • 2 Baths

    357 S Rosewood Ave, Kankakee, IL 60901

    Don't miss this well-maintained 2-unit property in the heart of Kankakee! Whether you're an investor looking to expand your portfolio or an owner occupant seeking rental income, this versatile property offers strong potential. For any questions reach out to the listing agent

    Diego Pizano eXp Realty

    357 S Rosewood Ave, Kankakee, IL 60901
  • /13

    $149,000

    • 4 Beds
    • 2 Baths

    464 S Harrison Ave, Kankakee, IL 60901

    Welcome to 464 S Harrison Ave, a beautifully updated property offering an excellent opportunity for investors or owner-occupants. This well-maintained two-unit property features two spacious units, each offering comfortable living areas, two bedrooms, and one full bathroom.

    Dee Cohen Green Real Estate

    464 S Harrison Ave, Kankakee, IL 60901
  • /40

    $151,000

    $9K PRICE DROP
    • 6 Beds
    • 3 Baths

    8444 W State Route 17, Kankakee, IL 60901

    3-unit property situated on approximately one acre in unincorporated Limestone Township. Originally built in 1950 and thoughtfully renovated, this property blends modern finishes with the charm of country living while remaining just minutes from town. Enjoy a spacious setting with room to relax, entertain, or expand. 2 units rented, one vacant.

    Steve Meeker Meeker Real Estate Inc

    8444 W State Route 17, Kankakee, IL 60901
  • /18

    $259,000

    605 N Dearborn Ave Unit 609, Kankakee, IL 60901

    Large multi-unit property, This property offers generous living space and presents an excellent opportunity for investors or owner-occupants looking to add value.

    Dee Cohen Green Real Estate

    605 N Dearborn Ave Unit 609, Kankakee, IL 60901
  • /5

    $134,900

    $15K PRICE DROP
    • 3 Beds
    • 3 Baths

    946 S Schuyler Ave, Kankakee, IL 60901

    This exceptional investment property in desirable Kankakee, Illinois, strategically positioned just off Schuyler near the local farmers market and within walking distance to the river, presents a compelling opportunity for local investors. The well-maintained three-unit building features two spacious one-bedroom apartments, one on the main floor and one on the upper level, alongside an efficient

    Paul Kirkpatrick Exclusive Realtors

    946 S Schuyler Ave, Kankakee, IL 60901
  • /9

    $370,000

    Pending
    • 7 Beds
    • 4 Baths

    221 S Small Ave, Kankakee, IL 60901

    Spacious 4-unit investment opportunity featuring three 2-bedroom units and one 1-bedroom unit. All tenants are currently on month-to-month leases, offering flexibility for investors or owner-occupants! Perfect for a seasoned investor looking to add to their portfolio or a starter investor wanting to live in one unit while renting out the other three. Property is conveniently located near

    Nayeli Perez Realty of America, LLC

    221 S Small Ave, Kankakee, IL 60901
  • /18

    $191,000

    • 6 Beds
    • 2 Baths

    505 S Chicago Ave, Kankakee, IL 60901

    GREAT INVESTMENT OPPORTUNITY IN KANKAKEE FOR 2 UNIT! DOWNSTAIRS IS RENTED. 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

    Brenda Ervin Coldwell Banker Realty

    505 S Chicago Ave, Kankakee, IL 60901
  • /12

    $160,000

    Pending
    • 6 Beds
    • 3 Baths

    273 S 3rd Ave Unit 275, Kankakee, IL 60901

    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 950/month 275 S 3rd Ave, Unit 1: Rented at 850/month 275 S 3rd Ave, Unit 2: Rented at 790/month This turn-key investment is ideal for

    Isaiah Green Green Real Estate

    273 S 3rd Ave Unit 275, Kankakee, IL 60901
  • /18

    $148,000

    • 4 Beds
    • 2 Baths

    592 N Dearborn Ave, Kankakee, IL 60901

    Great Investment Opportunity in Kankakee! This well-positioned 2-flat duplex offers a fantastic opportunity for investors looking to expand their portfolio or owner-occupants seeking rental income potential. Featuring two separate units, this property provides flexibility and the opportunity to generate steady cash flow.

    Dee Cohen Green Real Estate

    592 N Dearborn Ave, Kankakee, IL 60901
  • /12

    $139,000

    • 3 Beds
    • 2 Baths

    641 N Indiana Ave, Kankakee, IL 60901

    Excellent opportunity to own a fully renovated 2-unit property that's ready for tenants or owner occupancy. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this property offers flexibility and strong income potential.

    Dee Cohen Green Real Estate

    641 N Indiana Ave, Kankakee, IL 60901
  • /15

    $239,000

    • 4 Beds
    • 4 Baths

    220 1/2 S Entrance Ave, Kankakee, IL 60901

    Exceptional investment opportunity at 220 1/2 S Entrance Ave! This well-maintained four-unit property offers immediate income potential and is an excellent addition to any investment portfolio.

    Dee Cohen Green Real Estate

    220 1/2 S Entrance Ave, Kankakee, IL 60901
  • /10

    $160,000

    Pending
    • 4 Beds
    • 2 Baths

    1338 E Chestnut St, Kankakee, IL 60901

    Forget outdated duplexes with endless repair lists-this one has already had the work done. Completely transformed in 2025, this two-unit property delivers the modern finishes today's tenants are looking for while giving investors the confidence of a recently renovated asset. Each spacious 2-bedroom, 1-bath unit has been thoughtfully updated with luxury vinyl plank flooring, plush new carpeting,

    Stephen Styck Styken Real Estate and Property Management

    1338 E Chestnut St, Kankakee, IL 60901
  • /12

    $140,000

    • 2 Beds
    • 2 Baths

    259 N Evergreen Ave, Kankakee, IL 60901

    Attention investors! This solid 2-unit property offers an excellent opportunity to generate rental income. Whether you're looking to add to your portfolio or start investing in multifamily real estate, this property has strong potential. Schedule your showing today!

    Dee Cohen Green Real Estate

    259 N Evergreen Ave, Kankakee, IL 60901
  • /15

    $168,000

    • 6 Beds
    • 4 Baths

    294 N Greenwood Ave, Kankakee, IL 60901

    Don't miss this great opportunity to add a solid investment property to your portfolio, it's an attractive option for investors looking to expand their holdings or first-time buyers seeking an income-producing property.

    Dee Cohen Green Real Estate

    294 N Greenwood Ave, Kankakee, IL 60901
  • /22

    $175,000

    Pending
    • 4 Beds
    • 2 Baths

    361 S Evergreen Ave, Kankakee, IL 60901

    Dee Cohen Green Real Estate

    361 S Evergreen Ave, Kankakee, IL 60901
  • /47

    $249,999

    • 5 Beds
    • 3 Baths

    1076 E Maple St, Kankakee, IL 60901

    STUNNING FULLY RENOVATED LEGAL 2-UNIT PROPERTY! Everything has been beautifully updated from top to bottom. Major improvements include new A/C condensers, electrical, plumbing, windows, siding, flooring, doors, light fixtures, fresh paint, updated kitchens and bathrooms, and more. Each spacious unit features 2 bedrooms and 2 full bathrooms, including a private en-suite bath in the primary

    Mayra Perez Realty of America, LLC

    1076 E Maple St, Kankakee, IL 60901
  • /15

    $180,000

    • 4 Beds
    • 3 Baths

    360 S Washington Ave Unit 366, Kankakee, IL 60901

    Whether you're looking to expand your investment portfolio or purchase your first multifamily property, it offers strong rental potential. This property presents an opportunity to generate immediate rental income with long-term appreciation potential. Add value through strategic rent growth and operational efficiencies while benefiting from a market with attractive entry pricing.

    Dee Cohen Green Real Estate

    360 S Washington Ave Unit 366, Kankakee, IL 60901
  • /17

    $139,000

    • 5 Beds
    • 2 Baths

    768 N Indiana Ave, Kankakee, IL 60901

    Welcome to 768 N Indiana Ave in Kankakee! This well-maintained two-unit property offers a great opportunity for investors or owner-occupants looking to generate rental income. Featuring a practical layout with two separate units, this property provides flexibility and strong potential.

    Dee Cohen Green Real Estate

    768 N Indiana Ave, Kankakee, IL 60901
  • /8

    $45,000

    $23K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 900 Sq Ft

    1119 S Curtis Ave Unit A1, Kankakee, IL 60901

    WEST KANKAKEE 1 BEDROOM/1 BATHROOM CONDO FOR SALE - Recently update! Special features include: Ground floor, central air, rear patio off living room and appliances. Laundry facility adjacent to the unit also. A cozy apartment at a very affordable price! Monthly Condo association fee includes: gas, water, sewer, garbage, lawn and snow maintenance. Call today!

    Buck Tamblyn McColly Bennett Real Estate

    1119 S Curtis Ave Unit A1, Kankakee, IL 60901

Home Price Trends

Median Sale Price
$155,000
Median Single Family Sale Price
$159,900
Median 2 Bedroom Sale Price
$125,000
Median 1 Bedroom Sale Price
$64,950
Average Price Per Sq Ft
$114
Number of Homes for Sale
39
Last 12 months Home Sales
230
Months of Supply
2.00
Median List Price
$163,500
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
3%
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