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Illinois

Apartment Building

Kankakee County, IL Apartment Buildings for Sale

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9 properties

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Multi-Unit Residential Income Property

Updated: Jun 13

Multi-Unit Residential Income Property

2405 E Court Street, Kankakee, IL 60901

$300,000

1.75 AC lot

Commercial income site on the frontage road off IL Rt 17, yards from the north/south entrances to IL Rt 57
Includes a large home with 3 units plus 2 single‑family houses, a 2‑car garage, and a trailer
South home along the Rt 17 frontage road includes 3 apartments (700/month per unit x 3) plus a 2‑car garage (150/month)
Trailer is currently rented for $900 per month; north house is gutted and could be rented for $1,200
If all 7 units are rented, potential income is about $66,600 per year (per listing remarks)

Mixed-Use Retail & Apartment Building

Updated: Mar 12

Mixed-Use Retail & Apartment Building

49-63 N Main St, Manteno, IL 60950

Contact for pricing

12,800 sqft 0.29 AC lot

High income potential with FMV of rent near $11,000/month.
Mixed‑use property with both retail and residential income streams.
Prime downtown location** in Manteno's central commercial area.
Zoned C‑1 Downtown Commercial District offering strong visibility and access.
Includes 4 apartment units (3 with long‑term tenants) and 3 commercial spaces.

Mixed-Use Industrial and Residential Building

Mixed-Use Industrial and Residential Building

257 South West Avenue, Kankakee, IL 60901

Contact for pricing

18,000 sqft

Building combines sheet metal business space with five upstairs apartments, including recent upgrades to two units.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

32-Unit Multifamily Building

32-Unit Multifamily Building

751-757 North 5th Avenue, Kankakee, IL 60901

$2,240,000

32 residential units feature 2 bed/1 bath layouts in a fully electric building with upgraded electric panels.

Leased 6-Unit Apartment Building

Leased 6-Unit Apartment Building

1571 Girard Way, Bourbonnais, IL 60914

Contact for pricing

Six-unit apartment building is fully leased and features attached garages for each unit and on-site laundry.

Eight-Unit Apartment Building

Eight-Unit Apartment Building

1328 Potomac Place, Bourbonnais, IL 60914

Contact for pricing

Eight-unit building features seven two-bedroom apartments and one one-bedroom unit with private balconies and patios.

Fully Leased Multifamily Building

Fully Leased Multifamily Building

1331 Potomac Place, Bourbonnais, IL 60914

Contact for pricing

Apartment building with nine units, including eight one-bedroom and one two-bedroom, with tenants paying utilities.

Partially Rehabbed Apartment Complex

Partially Rehabbed Apartment Complex

2755 Cooper Dr, Kankakee, IL 60901

Contact for pricing

52-unit apartment complex with half of units rehabbed and half currently leased.

Multifamily Investment Property in Manteno, IL

Multifamily Investment Property in Manteno, IL

382 N Birch Street, Manteno, IL 60950

Contact for pricing

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

Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 9 Active listings in Kankakee County, IL, we suggest exploring several alternatives: similar 63 Off-Market properties to explore as potential leads

Off-Market Properties in Kankakee County, IL

Consider similar Off-Market properties in Kankakee County, 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.

1430 Wingo Turn

APARTMENT HOUSE (5+ UNITS)

1430 Wingo Turn, Bourbonnais, IL 60914-4729

Value Estimation by Request

312 Riv St

APARTMENT HOUSE (5+ UNITS)

312 Riv St, Bourbonnais, IL 60914-1892

$260,000

Estimated value

0.25 AC lot

390 Walnut St

APARTMENT HOUSE (5+ UNITS)

390 Walnut St, Kankakee, IL 60901-4975

$700,000

Estimated value

0.17 AC lot

102 Uncle Leo Dr

APARTMENT HOUSE (5+ UNITS)

102 Uncle Leo Dr, Bradley, IL 60915-1475

$4,600,000

Estimated value

110 Uncle Leo Dr

APARTMENT HOUSE (5+ UNITS)

110 Uncle Leo Dr, Bradley, IL 60915-1479

$345,000

Estimated value

113 Uncle Leo Dr

APARTMENT HOUSE (5+ UNITS)

113 Uncle Leo Dr, Bradley, IL 60915-1492

$4,600,000

Estimated value

103 Uncle Leo Dr

APARTMENT HOUSE (5+ UNITS)

103 Uncle Leo Dr, Bradley, IL 60915-1484

$460,000

Estimated value

112 Uncle Leo Dr

APARTMENT HOUSE (5+ UNITS)

112 Uncle Leo Dr, Bradley, IL 60915-1487

$445,000

Estimated value

480 Plum Crk Ct

APARTMENT HOUSE (5+ UNITS)

480 Plum Crk Ct, Bourbonnais, IL 60914-1582

$1,050,000

Estimated value

0.31 AC lot

377 Adams St

APARTMENT HOUSE (5+ UNITS)

377 Adams St, Manteno, IL 60950-1448

$1,300,000

Estimated value

150 Mdws N Rd

APARTMENT HOUSE (5+ UNITS)

150 Mdws N Rd, Bourbonnais, IL 60914-1166

$650,000

Estimated value

0.51 AC lot

850 Gloucester Ct

APARTMENT HOUSE (5+ UNITS)

850 Gloucester Ct, Bourbonnais, IL 60914-1743

$565,000

Estimated value

0.20 AC lot

465 Plum Crk Ct

APARTMENT HOUSE (5+ UNITS)

465 Plum Crk Ct, Bourbonnais, IL 60914-1591

$1,350,000

Estimated value

0.17 AC lot

455 Plum Crk Ct

APARTMENT HOUSE (5+ UNITS)

455 Plum Crk Ct, Bourbonnais, IL 60914-1585

$285,000

Estimated value

0.15 AC lot

1100 Jeffery St

APARTMENT HOUSE (5+ UNITS)

1100 Jeffery St, Kankakee, IL 60901-4680

$5,430,000

Estimated value

4.53 AC lot

Kankakee County, IL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Kankakee County, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 30,800 square feet of properties for sale, with an estimated market value of $2,540,000.

Sale prices for two-family homes in Kankakee County, IL start at $300,000, averaging $1,270,000, and reaching up to $2,240,000 — 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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