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Property view

265 S Washington Avenue, 
Kankakee, IL 60901

$156,000


6

Beds


2

Baths


-

Sq Ft


Multi-Family

Sold

Listed by

Rory Hertzberg

Bought with Berkshire Hathaway HomeServices Speckman Realty

Village Realty, Inc

MLS#

12604531

Source:

MLSNI

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About This Home

265 S Washington Avenue

Opportunities like this don't come around often. This solid two-unit property in the heart of Kankakee is the definition of a true income-producing asset-already generating nearly $3,000 per month in rental income. Whether you're looking to expand your portfolio or secure a strong cash-flowing investment from day one, this property checks all the boxes. Both units are well-positioned to provide consistent returns, making it an ideal addition for both seasoned investors and those just getting started. The current ownership has maintained the property and is offering it strictly due to relocation, creating a rare chance to step into a performing asset without the typical startup headaches. This is the kind of deal investors wait for-stable, proven, and ready to go. Located in a convenient area with strong rental demand, this property offers the perfect blend of cash flow and long-term upside. Call today to schedule your private showing-48-hour notice required. Serious inquiries only. Buyers must be pre-approved or provide proof of funds prior to showing.

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1910

Price Summary

155,000

MLS #:

12604531

Sold:

May 7, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Year Built:

1910


Finances & Disclosures

Finances

Price:

$155,000

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