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Property view

427 S Chicago Avenue, 
Kankakee, IL 60901

$45,000


6

Beds


2

Baths


-

Sq Ft


Multi-Family

Sold

Listed by

Monica Pizano

Bought with Listing Leaders Northwest, Inc

RE/MAX Prestige Homes

MLS#

12548086

Source:

MLSNI

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About This Home

427 S Chicago Avenue

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 your contractor and your vision-opportunities like this don't come around often. This property is being sold in AS IS condition.

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1906

Price Summary

45,000

MLS #:

12548086

Sold:

May 11, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Year Built:

1906


Finances & Disclosures

Finances

Price:

$45,000

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