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Kankakee, IL Apartment Buildings for Sale

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Mixed-Use Income Property For Sale
$249,900
5,200 SF

Mixed-Use Income Property For Sale

793 N 5th Avenue, Kankakee, IL 60901

Mixed-use property with commercial and residential units, ample parking.

  • 12% Cap Rate: Enjoy a high return on investment, showcasing strong profitability.
  • Mixed‑Use Property: Benefit from diversified income streams with commercial and residential units.
  • Fully Occupied: Immediate income generation, eliminating vacancy concerns.
  • High Traffic Location: Excellent visibility for commercial tenants with approximately 10,000 vehicles per day.
  • Ample Parking: Sufficient parking space available for both tenants and customers.
Updated: Jun 11, 2024
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Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 1 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Chicago Heights Multifamily Investment Opportunity
$289,000
0.12 Acres

Chicago Heights Multifamily Investment Opportunity

Five-unit building with diverse layouts in Chicago Heights.

1217 PARK Avenue, Chicago Heights, IL 60411
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Chicago Heights Apartment Building Investment
$1,800,000
19,500 SF

Chicago Heights Apartment Building Investment

30-unit apartment building with recent renovations and assumable loan.

737-747 Grant Avenue, Chicago Heights, IL 60411
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Multifamily Investment Property in Manteno, IL
$875,000

Multifamily Investment Property in Manteno, IL

Well-maintained 8-unit multifamily property with updated features.

382 N Birch Street, Manteno, IL 60950
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Mixed-Use Retail & Apartment Building
$1,350,000
12,800 SF

Mixed-Use Retail & Apartment Building

Mixed-use property in Manteno's central commercial area.

49-63 N Main St, Manteno, IL 60950
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Entitled Land for Multifamily Development
$8,550,000
4.24 Acres

Entitled Land for Multifamily Development

4.24 acres approved for 228 units in Nashville.

7220 Charlotte Pike West, Nashville, TN 37209
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Prime Development Land Opportunity
$2,750,000
29.20 Acres

Prime Development Land Opportunity

29.2 acres of retail-zoned land in Springfield, Missouri.

N West Bypass, Springfield, MO 65802
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Asheville Development Opportunity: 5.94 Acres
$2,500,000
5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806
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Greenville Development Opportunity: 1.33 Acres
$699,900
1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607
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Explore Off-Market Properties in Kankakee, IL

Consider similar Off-Market properties in Kankakee, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1100 Jeffery St

1100 Jeffery St

APARTMENT HOUSE (5+ UNITS) • 4.53 Acres
Value Estimation
$5,210,000
1100 Jeffery St, Kankakee, IL 60901-4680
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564 Indiana Ave

564 Indiana Ave

APARTMENT HOUSE (5+ UNITS)
Value Estimation by Request
564 Indiana Ave, Kankakee, IL 60901-2430
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675 Entrance Ave

675 Entrance Ave

APARTMENT HOUSE (5+ UNITS) • 0.24 Acres
Value Estimation
$585,000
675 Entrance Ave, Kankakee, IL 60901-2365
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924 Willow St

924 Willow St

APARTMENT HOUSE (5+ UNITS) • 0.33 Acres
Value Estimation
$1,380,000
924 Willow St, Kankakee, IL 60901-2572
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163 Rosewood Ave

163 Rosewood Ave

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation
$1,380,000
163 Rosewood Ave, Kankakee, IL 60901-4170
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1525 Risser St

1525 Risser St

APARTMENT HOUSE (5+ UNITS) • 0.20 Acres
Value Estimation by Request
1525 Risser St, Kankakee, IL 60901-4471
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450 Dearborn Ave

450 Dearborn Ave

APARTMENT HOUSE (5+ UNITS) • 0.25 Acres
Value Estimation by Request
450 Dearborn Ave, Kankakee, IL 60901-5157
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390 Walnut St

390 Walnut St

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation
$700,000
390 Walnut St, Kankakee, IL 60901-4975
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751 5th Ave

751 5th Ave

APARTMENT HOUSE (5+ UNITS) • 1.68 Acres
Value Estimation
$1,900,000
751 5th Ave, Kankakee, IL 60901-2268
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1745 Duane Blvd

1745 Duane Blvd

APARTMENT HOUSE (5+ UNITS)
Value Estimation
$800,000
1745 Duane Blvd, Kankakee, IL 60901-5754
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250 Entrance Ave

250 Entrance Ave

APARTMENT HOUSE (5+ UNITS) • 0.46 Acres
Value Estimation
$830,000
250 Entrance Ave, Kankakee, IL 60901-3669
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2200 Ct St

2200 Ct St

APARTMENT HOUSE (5+ UNITS) • 2.17 Acres
Value Estimation
$5,000,000
2200 Ct St, Kankakee, IL 60901-2829
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1002 Hickory St

1002 Hickory St

APARTMENT HOUSE (5+ UNITS) • 0.22 Acres
Value Estimation by Request
1002 Hickory St, Kankakee, IL 60901-3435
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755 Nelson Ave

755 Nelson Ave

APARTMENT HOUSE (5+ UNITS) • 0.50 Acres
Value Estimation
$1,760,000
755 Nelson Ave, Kankakee, IL 60901-5686
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720 Nelson Ave

720 Nelson Ave

APARTMENT HOUSE (5+ UNITS)
Value Estimation
$1,750,000
720 Nelson Ave, Kankakee, IL 60901-5656
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780 Nelson Ave

780 Nelson Ave

APARTMENT HOUSE (5+ UNITS)
Value Estimation
$1,750,000
780 Nelson Ave, Kankakee, IL 60901-5663
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941 Riv Dr

941 Riv Dr

APARTMENT HOUSE (5+ UNITS)
Value Estimation
$2,600,000
941 Riv Dr, Kankakee, IL 60901-2279
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512 Chicago Ave

512 Chicago Ave

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation by Request
512 Chicago Ave, Kankakee, IL 60901-5271
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575 Oak St

575 Oak St

APARTMENT HOUSE (5+ UNITS) • 0.33 Acres
Value Estimation by Request
575 Oak St, Kankakee, IL 60901-4060
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247 Chicago Ave

247 Chicago Ave

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation by Request
247 Chicago Ave, Kankakee, IL 60901-4065
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210 Tedmark Ct, Unit 280

210 Tedmark Ct, Unit 280

APARTMENT HOUSE (5+ UNITS)
Value Estimation by Request
210 Tedmark Ct, Kankakee, IL 60901-6123
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319 5th Ave

319 5th Ave

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation by Request
319 5th Ave, Kankakee, IL 60901-3670
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1260 Merchant St

1260 Merchant St

APARTMENT HOUSE (5+ UNITS) • 0.15 Acres
Value Estimation by Request
1260 Merchant St, Kankakee, IL 60901-4273
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Kankakee, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 60 apartment buildings for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 737,659 square feet of properties for sale, with an estimated market value of $25,090,000.

Sale prices for two-family homes in Kankakee, IL start at $130,000, averaging $836,333, and reaching up to $5,430,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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