355 E Bourbonnais St Kankakee, IL 60901
Kankakee AreaEstimated payment $1,081/month
Highlights
- Property is near park
- Multiple Water Heaters
- Paved or Partially Paved Lot
About This Home
This solid two unit investment property offers exceptional income potential, with each spacious three bedroom unit boasting over thirteen hundred square feet of living space. Durable vinyl siding and vinyl windows complement a roof less than five years old, while a large attic presents exciting potential for conversion into a third unit. Utilities are separately metered, with tenants responsible for all costs except sewer, water, and garbage, and current rents of twelve hundred dollars per unit with matching security deposits make this a turnkey opportunity for any investor. Ideally located near the local farmers market and the river, this property combines strong cash flow with genuine long term upside. Don't miss your chance to add this promising investment to your portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,804
Year Built
- Built in 1903
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x100
- Paved or Partially Paved Lot
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Parking
- 2 Parking Spaces
- Parking Available
- Off Alley Parking
- Parking Included in Price
Schools
- Kankakee Junior High School
- Kankakee High School
Utilities
- Heating System Uses Natural Gas
- Multiple Water Heaters
- Gas Water Heater
Additional Features
- Basement Fills Entire Space Under The House
- Property is near park
Community Details
- 2 Units
- Gross Income $2,400
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,804 | $36,523 | $2,690 | $33,833 |
| 2024 | $3,804 | $32,179 | $2,370 | $29,809 |
| 2023 | $3,666 | $28,667 | $2,111 | $26,556 |
| 2022 | $3,410 | $25,092 | $1,848 | $23,244 |
| 2021 | $3,218 | $22,707 | $1,672 | $21,035 |
| 2020 | $2,985 | $20,411 | $1,503 | $18,908 |
| 2019 | $2,845 | $18,987 | $1,398 | $17,589 |
| 2018 | $2,739 | $17,580 | $1,294 | $16,286 |
| 2017 | $3,068 | $17,194 | $1,266 | $15,928 |
| 2016 | $2,876 | $16,857 | $1,241 | $15,616 |
| 2015 | $2,778 | $17,201 | $1,266 | $15,935 |
| 2014 | $3,041 | $19,546 | $1,266 | $18,280 |
| 2013 | -- | $20,361 | $1,319 | $19,042 |
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 |
|---|---|---|---|---|---|
| 08/07/2026 08/07/26 | For Sale | $149,000 | +24.2% | -- | |
| 07/26/2024 07/26/24 | Sold | $119,987 | 0.0% | -- | View Prior Sale |
| 06/21/2024 06/21/24 | Pending | -- | -- | -- | |
| 06/19/2024 06/19/24 | For Sale | $119,987 | -- | -- |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $119,987 | Kankakee County Title | |
| Grant Deed | $113,500 | Kankakee Cnty Title & Tr |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $89,990 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12727256
APN: 16-17-05-114-018
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Ask me questions while you tour the home.