368 S Wall St Kankakee, IL 60901
Estimated payment $1,299/month
Total Views
924
4
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
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 delivers. The front home offers a spacious 2-bedroom, 1-bath layout with an open-concept living and dining area, an updated kitchen with a walk-in pantry, a full basement, and a roof with plenty of life left in it. All utilities are separately metered. The rear home was fully remodeled just two years ago and includes 2 bedrooms, 1 bathroom, brand-new flooring, electric baseboard heating, and an added laundry room for increased tenant appeal. The front unit is easily rented for $1,100, while the back unit has brought in $975 monthly. The rear unit is currently vacant to allow for easy showings. Don't miss this rare dual-unit investment in a desirable area-schedule your private tour today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,430
Year Built
- Built in 1960
Parking
- 4 Parking Spaces
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 50x100
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Pending | -- | -- | -- |
| 08/05/2025 08/05/25 | For Sale | $169,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Similar Homes in Kankakee, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12433905
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