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    Kankakee, IL
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    Kankakee, IL Duplexes for Sale

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    Bradley, IL Bourbonnais, IL Aroma Park, IL
    Remodeled Duplex in Kankakee
    $195,000
    Remodeled Duplex in Kankakee

    1095-1097 E Merchant Street, Kankakee, IL 60901

    Remodeled two-unit building with strong rental income potential.
    • Strong cash flow potential from rental income.
    • Remodeled 2‑unit building ideal for investors or multi‑family living.
    • Each unit has its own laundry facilities.
    • Spacious units: one 3‑bedroom, 1‑bathroom and one 2‑bedroom, 1‑bathroom.
    • Detached 2‑car garage for parking and storage.
    Updated: May 4
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    Kankakee Two-Unit Multifamily Property
    $190,000
    Kankakee Two-Unit Multifamily Property

    357 S ROSEWOOD Avenue, Kankakee, IL 60901

    Well-maintained two-unit property in Kankakee, Illinois.
    • Two‑unit property: Ideal for investors or owner‑occupants seeking rental income.
    • Well‑maintained condition.
    • Convenient location in the heart of Kankakee.
    • Features natural gas forced air heating.
    • Includes a garage for parking.
    Updated: Mar 30
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Renovated Duplex in Central Location
    $229,000
    0.25 Acres
    Renovated Duplex in Central Location

    Two renovated units generating $2,000 monthly income in Steger, IL.

    3706 Chicago Road, Steger, IL 60475

    View details
    Updated Duplex in Chicago Heights
    $295,900
    Updated Duplex in Chicago Heights

    Two-unit property with recent updates and investment potential.

    146 E 24th Street, Chicago Heights, IL 60411

    View details
    Multi-Unit Investment Opportunity
    $109,999
    Multi-Unit Investment Opportunity

    Vacant two-unit building, updated, ideal for investors.

    72 W 19TH Street, Chicago Heights, IL 60411

    View details
    Renovated Duplex in Central Location
    $229,000
    Renovated Duplex in Central Location

    Two renovated 1-bedroom apartments generating $2,000 monthly income.

    3706 Chicago Road, Steger, IL 60475

    View details

    Kankakee, IL Duplexes Investment Opportunities Market Analysis

    Explore 2 duplexes for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $385,000.

    Sale prices for duplexes in Kankakee, IL start at $190,000, averaging $192,500, and reaching up to $195,000 — 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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    Top Commercial Asset Segments

    Duplexes 2
    Apartment buildings 1
    Quadplexes 1
    Triplexes 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    60901 $192.5K

    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%

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