$139,000

641 N Indiana Ave Kankakee, IL 60901

Kankakee Area

Estimated payment $879/month

Total Views 941
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

Dee Cohen

Green Real Estate License #475219041 Listed on: 07/14/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 1908

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,689

Year Built

Built in 1908

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: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • 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: Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 5793sqft
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 1689
  • 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
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Adjusted for Inflation
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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 $1,612 $15,247 $1,020 $14,227
2024 $1,612 $13,434 $899 $12,535
2023 $1,553 $11,968 $801 $11,167
2022 $1,423 $10,475 $701 $9,774
2021 $1,343 $9,479 $634 $8,845
2020 $1,246 $8,521 $570 $7,951
2019 $1,188 $7,926 $530 $7,396
2018 $1,144 $7,339 $491 $6,848
2017 $1,281 $7,177 $480 $6,697
2016 $1,200 $7,037 $471 $6,566
2015 $1,160 $7,181 $481 $6,700
2014 $1,117 $7,181 $481 $6,700
2013 $840 $7,480 $501 $6,979
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
07/14/2026 07/14/26 For Sale $139,000 -- --
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
Warranty Deed $1,480,000 Fidelity National Title
Quit Claim Deed -- None Listed On Document
Grant Deed -- Standard Title
Quit Claim Deed -- None Listed On Document
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 $937,500 Credit Line Revolving
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12704496

Midwest Real Estate Data (MRED)

APN: 16-09-32-220-014

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