Kankakee, IL 60901,427 S Chicago AVE
Kankakee, IL 60901,427 S Chicago AVE
Kankakee, IL 60901,427 S Chicago AVE
Kankakee, IL 60901,427 S Chicago AVE
Kankakee, IL 60901,427 S Chicago AVE
Kankakee, IL 60901,427 S Chicago AVE
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Ronda Popp

Ronda Popp

+1(630) 675-8471
$ 45,000
Est. payment | /mo

6 Beds

2 Baths

Save
$ 45,000
Est. payment | /mo
Save

6 Beds

2 Baths

Open House

Sat Jan 31, 12:00pm - 2:00pm

Sun Feb 01, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12548086

Bedrooms 6

Year Built 1906

Tax Year 2024

Lot Dimensions 50x145

Property Sub-Type Two to Four Units

Property Description

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

Location

State IL

County Kankakee

Area Kankakee

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Aluminum Siding, No

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding

New Construction false

Schools

School District 111 , 111, 111

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Monica Pizano of  RE/MAX Prestige Homes 
Ronda Popp

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(630) 675-8471

ronda@rondapopp.com

Sugar Grove, IL, 60554, USA

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427 S Chicago AVE