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427 S Chicago Avenue, Kankakee, IL 60901

Kankakee
Local realty services provided by:CENTURY 21 New Heritage
427 S Chicago Avenue,Kankakee, IL 60901
$45,000
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: monica pizano
Office: re/max prestige homes
MLS#:12548086
Source:MLSNI

Price summary

  • Price:$45,000

About this home

Investor Special - Opportunity in the Heart of Kankakee! Massive 2600 sq ft two-unit property offering a rare opportunity for real estate investors looking to rehab, reposition, and maximize rental income. Each unit features 3 generously sized bedrooms with spacious room layouts, providing strong potential for future long-term tenants once renovated. The full basement offers an excellent opportunity to add a shared laundry area, creating an additional income stream and increasing overall property value. Located close to downtown Kankakee, this property is within close proximity to restaurants, gas stations, the public library, Kankakee Farmers Market, City Hall, the courthouse, attorney offices, and numerous other downtown amenities-making it a highly desirable location for future renters. This property is ideal for those looking to renovate, rent, and build long-term wealth in a centrally located area. A new roof has been approved and will be replaced before the end of March. Bring...

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Home facts

  • Year built:1906
  • Listing ID #:12548086
  • Added:49 day(s) ago
  • Updated:March 15, 2026 at 10:46 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:14
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1906

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$45,000

Parking

  • Total parking spaces:4
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