8-Unit Apartment
1525 E Risser Street, Kankakee, IL 60901
For Sale
$469,900
Commercial Sale, Kankakee, IL
Property SizeContact for details
Lot Size0.20 Acres
Days on Market41
Property Features for 1525 E Risser Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
coin laundry
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
Goggin Real Estate LLC
(815) 290-9612
Listed By:
Raquel Goggin · License IL #471020977
(630) 207-9566
Added: Oct 1
Changed: Oct 29
Last Checked: Nov 10 at 12:06PM
MLS# 12774011
Copyright © 2026 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.
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Investment Insights
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This 8-unit apartment property includes four one-bedroom apartments and four two-bedroom apartments. The units are described as move-in ready, and the property has a coin-operated laundry room. Recent work includes updates to the parking lot, boiler, water heaters, and roof.
The 0.1975-acre property was built in 1968 and is zoned MULTI. The apartment mix comprises four units of each stated bedroom configuration.
The 0.1975-acre property was built in 1968 and is zoned MULTI. The apartment mix comprises four units of each stated bedroom configuration.
Key Highlights
- 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
Property Analytics
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Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
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Business Placement
Demographics for 60901, IL
33,628
Population
15,357
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
86%
High-School Grad
97.3 sq mi
ZIP Area
346
Density / Sq Mi
$54,557
Median Household Income
$36,244
Median Earnings
$1,020
Median Rent
$143,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - All eight apartments are rented, with shared coin-operated laundry on site.
Where is this apartment building located?
The property is located at 1525 E Risser Street Kankakee, IL.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: 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
