8-Unit Apartment
New
For Sale
$469,900
1525 E Risser Street, Kankakee, IL 60901
Commercial Sale, Kankakee, IL
Property SizeContact for details
Lot Size0.20 Acres
Days on Market3
Property Features for 1525 E Risser Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
12
Bathrooms
10
Full bathrooms
10
Rooms
Bedroom 9, Bedroom 10, Bathroom 6, Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 9, Bathroom 7, Bathroom 1, Bedroom 7, Bathroom 10, Bathroom 5, Bathroom 8, Bedroom 11, Bedroom 5, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 12, Bedroom 8
Directions
Court St to Nelson, turn south to Risser, turn left onto Risser, building is on the left.
Subdivision
Kankakee
Standard status
Active
APN
161704109007
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5059
Amenities
coin laundry room
Building Details
Year built
1968
Floors in Building
2
Number of units
8
Building materials
Wood, Vinyl Siding
Roof type
Fiberglass
Listing Agency:
Goggin Real Estate LLC
(815) 290-9612
Listed By:
Raquel Goggin · License #471020977
(630) 207-9566
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 3 at 4:06PM
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.
Investment Insights
Based on property information with market context.
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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Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Explore this area
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
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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
