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    Kankakee, IL
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    Kankakee, IL Apartment Buildings for Sale

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    Bradley, IL Bourbonnais, IL Saint Anne, IL Manteno, IL Chebanse, IL Momence, IL Martinton, IL Pembroke Township, IL
    8-Unit Apartment Building
    Updated: Oct 1
    8-Unit Apartment Building

    1525 E Risser Street, Kankakee, IL 60901

    $469,900
    0.20 AC lot
    Eight apartments: four one‑bedroom units and four two‑bedroom units
    Fully rented property
    Recent updates to the parking lot, boiler, water heaters, and roof
    Coin‑operated laundry room on site
    0.1975 acres; zoned MULTI
    View details
    Mixed-Use Property with Central Air
    Updated: Jan 3
    Mixed-Use Property with Central Air

    242 W Jeffery Street, Kankakee, IL 60901

    $560,000
    0.30 AC lot
    Commercial and residential components
    0.298‑acre parcel
    Central air conditioning
    Constructed in 1950
    242 W Jeffery Street, Kankakee, IL 60901
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 65 Potential Opportunities for your consideration. Besides 2 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

    Opportunities in Nearby Cities

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

    Mixed-Use Retail & Apartment Building
    Mixed-Use Retail & Apartment Building

    49-63 N Main St, Manteno, IL 60950

    $1,250,000
    12,983 sqft 0.29 AC lot

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

    View details
    Six-Unit Brick Apartment Building
    Six-Unit Brick Apartment Building

    182 Mohawk Dr, Bourbonnais, IL 60914

    $690,000

    Three-story configuration includes coin-operated laundry, boiler heat, and a mix of one- and two-bedroom residences.

    View details
    Six-Unit Brick Apartment Building
    Six-Unit Brick Apartment Building

    178 Mohawk Dr, Bourbonnais, IL 60914

    $690,000

    A three-story property combines leased apartments with boiler heat and on-site coin laundry.

    View details
    15-Unit Apartment Building
    15-Unit Apartment Building

    352 N Birch St, Manteno, IL 60950

    $1,700,000

    Apartment community with one- and two-bedroom units, balconies, resident laundry, and an owner’s residence.

    View details

    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.

    390 Walnut St
    APARTMENT HOUSE (5+ UNITS)

    390 Walnut St, Kankakee, IL 60901-4975

    Estimated value:
    $700,000
    0.17 AC lot
    View details
    1100 Jeffery St
    APARTMENT HOUSE (5+ UNITS)

    1100 Jeffery St, Kankakee, IL 60901-4680

    Estimated value:
    $5,430,000
    4.53 AC lot
    View details
    564 Indiana Ave
    APARTMENT HOUSE (5+ UNITS)

    564 Indiana Ave, Kankakee, IL 60901-2430

    Estimated value:
    $105,000
    View details
    675 Entrance Ave
    APARTMENT HOUSE (5+ UNITS)

    675 Entrance Ave, Kankakee, IL 60901-2365

    Estimated value:
    $600,000
    0.24 AC lot
    View details
    924 Willow St
    APARTMENT HOUSE (5+ UNITS)

    924 Willow St, Kankakee, IL 60901-2572

    Estimated value:
    $1,445,000
    0.33 AC lot
    View details
    163 Rosewood Ave
    APARTMENT HOUSE (5+ UNITS)

    163 Rosewood Ave, Kankakee, IL 60901-4170

    Estimated value:
    $1,445,000
    0.17 AC lot
    View details
    1525 Risser St
    APARTMENT HOUSE (5+ UNITS)

    1525 Risser St, Kankakee, IL 60901-4471

    Estimated value:
    $375,000
    0.20 AC lot
    View details
    450 Dearborn Ave
    APARTMENT HOUSE (5+ UNITS)

    450 Dearborn Ave, Kankakee, IL 60901-5157

    Estimated value:
    $300,000
    0.25 AC lot
    View details
    751 5th Ave
    APARTMENT HOUSE (5+ UNITS)

    751 5th Ave, Kankakee, IL 60901-2268

    Estimated value:
    $1,900,000
    1.68 AC lot
    View details
    1745 Duane Blvd
    APARTMENT HOUSE (5+ UNITS)

    1745 Duane Blvd, Kankakee, IL 60901-5754

    Estimated value:
    $800,000
    View details
    250 Entrance Ave
    APARTMENT HOUSE (5+ UNITS)

    250 Entrance Ave, Kankakee, IL 60901-3669

    Estimated value:
    $830,000
    0.46 AC lot
    View details
    2200 Ct St
    APARTMENT HOUSE (5+ UNITS)

    2200 Ct St, Kankakee, IL 60901-2829

    Estimated value:
    $5,000,000
    2.17 AC lot
    View details
    1002 Hickory St
    APARTMENT HOUSE (5+ UNITS)

    1002 Hickory St, Kankakee, IL 60901-3435

    Estimated value:
    $275,000
    0.22 AC lot
    View details
    755 Nelson Ave
    APARTMENT HOUSE (5+ UNITS)

    755 Nelson Ave, Kankakee, IL 60901-5686

    Estimated value:
    $1,780,000
    0.50 AC lot
    View details
    720 Nelson Ave
    APARTMENT HOUSE (5+ UNITS)

    720 Nelson Ave, Kankakee, IL 60901-5656

    Estimated value:
    $1,780,000
    View details
    780 Nelson Ave
    APARTMENT HOUSE (5+ UNITS)

    780 Nelson Ave, Kankakee, IL 60901-5663

    Estimated value:
    $1,780,000
    View details
    941 Riv Dr
    APARTMENT HOUSE (5+ UNITS)

    941 Riv Dr, Kankakee, IL 60901-2279

    Estimated value:
    $2,650,000
    View details
    512 Chicago Ave
    APARTMENT HOUSE (5+ UNITS)

    512 Chicago Ave, Kankakee, IL 60901-5271

    Estimated value:
    $405,000
    0.17 AC lot
    View details
    575 Oak St
    APARTMENT HOUSE (5+ UNITS)

    575 Oak St, Kankakee, IL 60901-4060

    Estimated value:
    $130,000
    0.33 AC lot
    View details
    247 Chicago Ave
    APARTMENT HOUSE (5+ UNITS)

    247 Chicago Ave, Kankakee, IL 60901-4065

    Estimated value:
    $130,000
    0.17 AC lot
    View details
    210 Tedmark Ct, Unit 280
    APARTMENT HOUSE (5+ UNITS)

    210 Tedmark Ct, Kankakee, IL 60901-6123

    Unit 280
    Estimated value: by Request
    View details
    319 5th Ave
    APARTMENT HOUSE (5+ UNITS)

    319 5th Ave, Kankakee, IL 60901-3670

    Estimated value:
    $75,000
    0.17 AC lot
    View details

    Kankakee, IL Apartment Buildings Market Trends and Statistics

    Explore 61 apartment buildings for sale in Kankakee, IL on our real estate platform.

    Sale prices for apartment complexes in Kankakee, IL start at $469,900, averaging $514,950, and reaching up to $560,000 — 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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    Demographics Overview

    Population 33K
    Population Growth (5Y) -6.4%
    Median Household Income $54,557
    College Educated 22.6%

    High-Yield Neighborhoods for Investment

    Identify Kankakee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60901 $560K

    Taxes & Financing

    Tax Rate (average for all types) 11.80%
    Tax Rate vs County Average 2.50 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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