Four-Unit Multifamily Investment
For Sale
Contact for pricing
1585 W Station Street, Kankakee, IL 60901
Four-unit property built in the 1970s with strong rental income.
Property SizeContact for details
Days on Market171
Property Features for 1585 W Station Street
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R-3
Building Details
Year Built
1975
Listing Agency:
Horvath & Tremblay
(312) 957-7189
Listed By:
Thomas Shanley · License #IL 475207055
Source:
Crexi
Added: Mar 2
Changed: Aug 8
Last Checked: Aug 8 at 6:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay
Investment Insights
Based on property information with market context.
This four-unit multifamily property, constructed in the 1970s, is located in an established neighborhood. The property features three units with two bedrooms and one bathroom each, along with one unit containing one bedroom and one bathroom. The property offers rental income potential and is suitable for a range of tenants. The layout is designed to appeal to a wide range of tenants, and the property is positioned to provide long-term cash flow potential. The property is located in a stable rental market.
Key Highlights
- Four‑unit multi‑family property.
- Three 2‑bedroom, 1‑bath units.
- One 1‑bedroom, 1‑bath unit.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
797
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property built in the 1970s with strong rental income.
Where is this quadplex located?
The property is located at 1585 W Station Street Kankakee, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four‑unit multi‑family property.; Three 2‑bedroom, 1‑bath units.; One 1‑bedroom, 1‑bath unit.
