768 N Indiana Ave Kankakee, IL 60901
Estimated payment $883/month
Total Views
894
4
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Turnkey Rental Opportunity - Tenant in Place | 768 N Indiana Ave, Kankakee, IL Great opportunity to add a performing rental to your portfolio! This well-maintained home features a long-term tenant already in place, offering immediate rental income with no upfront work needed. Recent updates include: Newer flooring and fresh paint throughout - clean, modern interior ready for continued tenancy Repaired soffit for added protection and longevity New gutters and downspouts to improve drainage and protect the foundation Full exterior power-washed for enhanced curb appeal New front and back railings for safety and code compliance Located on a spacious 7,250 sq ft lot in a convenient Kankakee location close to schools, shopping, and public transportation, this home offers strong rental demand and low maintenance. Investor Highlights: * Tenant in place - cash-flowing from day one * Updated interior with newer flooring and paint * Exterior repairs already completed * Strong rental market and easy-to-manage layout Whether you're a first-time investor or expanding your portfolio, this property is a hassle-free, income-producing asset ready to go. Schedule your showing today!
Last Listed By
Styken Real Estate and Property Management License #471021538 Listed on: 06/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,208
Year Built
- Built in 1980 | Remodeled in 2024
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 50x145
- 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
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $2,291 | $19,381 | $1,131 | $18,250 |
| 2023 | $2,241 | $17,266 | $1,008 | $16,258 |
| 2022 | $2,054 | $15,112 | $882 | $14,230 |
| 2021 | $1,938 | $13,676 | $798 | $12,878 |
| 2020 | $1,798 | $12,293 | $717 | $11,576 |
| 2019 | $1,714 | $11,435 | $667 | $10,768 |
| 2018 | $1,650 | $10,588 | $618 | $9,970 |
| 2017 | $1,848 | $10,355 | $604 | $9,751 |
| 2016 | $1,732 | $10,152 | $592 | $9,560 |
| 2015 | $1,673 | $10,359 | $604 | $9,755 |
| 2014 | $1,612 | $10,359 | $604 | $9,755 |
| 2013 | -- | $10,790 | $629 | $10,161 |
Source: Public Records
Purchase History
| 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 | |
| Quit Claim Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,770,000 | Construction | |
| Previous Owner | $172,500 | No Value Available | |
| Previous Owner | $937,500 | Credit Line Revolving |
Source: Public Records
Similar Homes in Kankakee, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12379767
APN: 16-09-32-215-004
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