Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    312 S Evergreen Ave Kankakee, IL 60901

    New
    For Sale
    $109,999

    Residential Income - Kankakee, IL

    Days on Market:
    2
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 312 S Evergreen Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    16170521400200
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1925
    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Aaron Gaines (708) 798-1111 License #475177288

    Listing date Dec 5, 2025

    MLS# 12528612 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kankakee Residential Income Opportunity

    This multi-family home in Kankakee, Illinois, presents an investment opportunity. The property features two units, each containing three bedrooms, a full bath, a kitchen, and living and dining rooms. The units showcase Craftsman woodwork-inspired design with mostly original hardwood flooring and built-in storage. One unit is currently vacant, while the other is occupied, offering the potential for immediate rental income. The property also includes a full, unfinished basement, providing space for creative ideas, and an enclosed porch is located off the back of the home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kankakee
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.853386
    Latitude
    41.116432

    Nearby Similar for Sale

    • $140,000
      680 SF

      Kankakee Restaurant with Garage Included

      Well-located restaurant with garage near hospitals, Metra, and downtown.
      430 W Station St, Kankakee, IL 60901
      View Details
    • $114,999

      Kankakee Multi-Family Investment Opportunity

      Two-unit residential income property with craftsman details and investment potential.
      312 S Evergreen Ave, Kankakee, IL 60901
      View Details
    • $1,499,727
      20,880 SF

      Self-Storage Portfolio in Two Locations

      Two self-storage facilities with upside potential in Illinois and Indiana.
      380 S 7Th Ave, Kankakee, IL 60901
      View Details
    • $44,900

      Spacious Mobile Home in Kankakee

      Affordable 4-bedroom, 2-bathroom mobile home in well-kept community.
      1995 Schuyler Ave, Kankakee, IL 60901
      View Details
    • $499,000
      43,000 SF

      Kankakee Office Building For Sale

      Office building with air conditioning available for purchase in Kankakee.
      8 Dearborn Sq, Kankakee, IL 60901
      View Details
    • $249,900
      5,200 SF

      Retail Property in Kankakee, IL

      Retail property available for sale in Kankakee, Illinois.
      793-797 N 5Th Ave, Kankakee, IL 60901
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit multifamily home with original hardwood floors and built-ins.
    Where is this duplex located?
    The property is located at 312 S Evergreen Ave Kankakee, IL.
    What is the asking price?
    The asking price for this property is $109,999.
    What are key features of this property?
    This property features: - Investment property with one unit vacant and one occupied, offering immediate rental income.; - Multi-family home with two units, providing potential for owner-occupancy and rental income.; - Each unit features 3 bedrooms, a full bath, kitchen, living and dining rooms.
    (708) 798-1111
    Request Owner's contact information
    312 S Evergreen Ave Kankakee, IL 60901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    312 S Evergreen Ave
    Kankakee, IL 60901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    312 S Evergreen Ave Kankakee, IL 60901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.