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Four-Unit Quadplex
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220 1/2 Entrance Avenue S, Kankakee, IL 60901

Four-unit quadplex built in 1920, offered for sale at 220 1/2 S Entrance Ave in Kankakee, Illinois.

Days on Market19

Property Features for 220 1/2 Entrance Avenue S

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 4

Building Details

Year Built 1920
Listing Agency: Green Real Estate
Listed By: Dee Cohen · License #475219041
Source: Crexi
Added: Jul 15 Changed: Jul 29 Last Checked: Aug 2 at 4:55AM

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 Green Real Estate

Investment Insights

Based on property information with market context.

This four-unit quadplex at 220 1/2 S Entrance Ave in Kankakee, Illinois is a ForSale opportunity and a straightforward option for buyers seeking residential rental housing. The property consists of four units and was built in 1920.

Given its small multi-family configuration, the building may appeal to investors looking for a manageable number of rental units within a single asset. The address provides an established residential footprint in the local market.

If you’re evaluating residential income properties, this quadplex offers a clear unit count and an identified construction vintage to help guide your due diligence and underwriting.

Key Highlights

  • Four‑unit quadplex property
  • Built in 1920
  • For sale at 220 1/2 S Entrance Ave, Kankakee, IL 60901

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Bakery Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,398
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex built in 1920, offered for sale at 220 1/2 S Entrance Ave in Kankakee, Illinois.
Where is this quadplex located?
The property is located at 220 1/2 Entrance Avenue S Kankakee, IL.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Four‑unit quadplex property; Built in 1920; For sale at 220 1/2 S Entrance Ave, Kankakee, IL 60901
(815) 793-3613 Call to check price and availability
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