$148,000

592 N Dearborn Ave Kankakee, IL 60901

Kankakee Area

Estimated payment $922/month

Total Views 241
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

Dee Cohen

Green Real Estate License #475219041 Listed on: 07/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1980

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Crawl Space
  • Lot Dimensions are 50x70
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,414

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public

Lot Info

  • Lot Dimensions: 50x70
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 1414
  • Tax Year: 2025

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,350 $12,769 $869 $11,900
2024 $1,350 $11,251 $766 $10,485
2023 $1,301 $10,023 $682 $9,341
2022 $1,192 $8,773 $597 $8,176
2021 $1,125 $7,939 $540 $7,399
2020 $1,044 $7,136 $485 $6,651
2019 $995 $6,638 $451 $6,187
2018 $958 $6,147 $418 $5,729
2017 $1,073 $6,012 $409 $5,603
2016 $1,005 $5,894 $401 $5,493
2015 $971 $6,014 $409 $5,605
2014 $936 $6,014 $409 $5,605
2013 -- $6,265 $426 $5,839
Source: Public Records

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
07/13/2026 07/13/26 For Sale $148,000 +270.0% --
05/31/2022 05/31/22 Sold $40,000 -32.8% -- View Prior Sale
05/07/2022 05/07/22 Pending -- -- --
05/03/2022 05/03/22 Price Changed $59,500 0.0% --
05/03/2022 05/03/22 For Sale $59,500 -8.5% --
09/17/2021 09/17/21 Pending -- -- --
06/16/2020 06/16/20 For Sale $65,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $1,300,000 Kankakee Title
Quit Claim Deed -- National Builder & Bancorp Tit
Warranty Deed $40,000 Burnet Title
Source: Public Records

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
Closed $1,770,000 Construction
Previous Owner $377,250 Credit Line Revolving
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12703746

Midwest Real Estate Data (MRED)

APN: 16-09-32-401-001

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