1095 E Merchant St Kankakee, IL 60901
Kankakee AreaEstimated payment $1,217/month
About This Home
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 residents. Both apartments offer comfortable living spaces with access to front and back porches, making them highly desirable for tenants. A sidewalk leads to a detached 2-car garage, offering plenty of parking and storage options. Conveniently located near local amenities, this property has the potential to generate strong cash flow through rental income. Don't miss the chance to own a versatile property with incredible investment potential-schedule your showing today!
Listing Agent
Keller Williams Infinity Brokerage Phone: (630) 638-4272 License #471004203 Listed on: 05/04/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,423
Year Built
- Built in 1890
Lot Details
- Lot Dimensions are 58x141
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Utilities
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2026 07/22/26 | Price Changed | $185,000 | -5.1% | -- | |
| 05/04/2026 05/04/26 | For Sale | $195,000 | +290.0% | -- | |
| 03/08/2024 03/08/24 | Sold | $50,000 | -23.1% | -- | View Prior Sale |
| 02/20/2024 02/20/24 | Pending | -- | -- | -- | |
| 02/03/2024 02/03/24 | For Sale | $65,000 | 0.0% | -- | |
| 01/02/2024 01/02/24 | Pending | -- | -- | -- | |
| 10/17/2023 10/17/23 | Price Changed | $65,000 | -7.1% | -- | |
| 07/24/2023 07/24/23 | Price Changed | $70,000 | -11.4% | -- | |
| 04/24/2023 04/24/23 | For Sale | $79,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12624227
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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- 1338 E Chestnut St
- 1097 E Merchant St Unit 2
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- 29837 Illinois 50 Unit E6
- 29837 Il-50
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Ask me questions while you tour the home.