265 S Washington Avenue, Kankakee, IL 60901

Kankakee
Local realty services provided by:ERA Naper Realty
265 S Washington Avenue,Kankakee, IL 60901
$155,000
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: rory hertzberg
Office: village realty, inc
MLS#:12604531
Source:MLSNI

Price summary

  • Price:$155,000

About this home

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...

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Home facts

  • Year built:1910
  • Listing ID #:12604531
  • Added:1 day(s) ago
  • Updated:March 31, 2026 at 04:50 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:12
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1910

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$155,000
  • Tax amount:$2,775 (2024)
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