Multi-Unit Residential Income
For Sale
$300,000
2405 Court Street, Kankakee, IL 60901
Residential income property with multiple rental units, including three apartments, and additional structures along the frontage road.
Property SizeContact for details
Lot Size1.75 Acres
Days on Market62
Property Features for 2405 Court Street
General Information
Standard status
Active
Lot size
1.75 Acres
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$8,891
Amenities
Central Air, Window Air Conditioning
3
Building Details
Year Built
1910
Listing Agency:
Berkshire Hathaway HomeServices Speckman Realty
(815) 922-6924
Listed By:
Lisa Sanford · License #471002971
(815) 922-6924
Source:
Xome
Added: Jun 13
Changed: Aug 12
Last Checked: Aug 13 at 3:15AM
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 Berkshire Hathaway HomeServices Speckman Realty
Investment Insights
Based on property information with market context.
This residential income property includes one large home with three units, two single-family houses, a trailer, and an attached two-car garage. The south home is located along the frontage road off IL Rt 17 and contains three apartments. The north house is described as gutted, while the trailer is currently rented and the south residence is laid out to generate rental income from its apartments and garage.
The site sits on the frontage road off high-traffic IL Rt 17, close to the north or south entrance to Illinois Route 57. The property measures 164.3' by 463.2', providing a sizable lot for a mix of residential income structures.
Additional property details include addresses for the house with the two-car attached garage (165 S Krause) and the house with no garage (185 S Krause).
The site sits on the frontage road off high-traffic IL Rt 17, close to the north or south entrance to Illinois Route 57. The property measures 164.3' by 463.2', providing a sizable lot for a mix of residential income structures.
Additional property details include addresses for the house with the two-car attached garage (165 S Krause) and the house with no garage (185 S Krause).
Key Highlights
- Commercial income site on the frontage road off IL Rt 17, yards from the north/south entrances to IL Rt 57
- Includes a large home with 3 units plus 2 single‑family houses, a 2‑car garage, and a trailer
- South home along the Rt 17 frontage road includes 3 apartments (700/month per unit x 3) plus a 2‑car garage (150/month)
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
131
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Residential income property with multiple rental units, including three apartments, and additional structures along the frontage road.
Where is this apartment building located?
The property is located at 2405 Court Street Kankakee, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Commercial income site on the frontage road off IL Rt 17, yards from the north/south entrances to IL Rt 57; Includes a large home with 3 units plus 2 single‑family houses, a 2‑car garage, and a trailer; South home along the Rt 17 frontage road includes 3 apartments (700/month per unit x 3) plus a 2‑car garage (150/month)
