427 S Chicago Avenue, Kankakee, IL 60901

Local realty services provided by:Results Realty ERA Powered
427 S Chicago Avenue,Kankakee, IL 60901
$45,000
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Feb 14
    12:00 pm - 02:00 pm
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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1906
  • Listing ID #:12548086
  • Added:18 day(s) ago
  • Updated:February 12, 2026 at 02:28 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1906

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$45,000
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.

New listings near 427 S Chicago Avenue