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    Kankakee, IL Multifamily Properties for Sale

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    Kankakee Multifamily Investment Opportunity
    $45,000
    2,600 SF

    Kankakee Multifamily Investment Opportunity

    427 S Chicago Ave, Kankakee, IL 60901

    Two-unit property near downtown Kankakee, ideal for renovation and rental.

    • High Rental Income Potential: Massive 2600 sq ft two‑unit property with 3 bedrooms in each unit.
    • Prime Location: Close proximity to downtown Kankakee amenities.
    • Value‑Add Opportunity: Full basement offers potential for shared laundry area and increased income.
    • Investor Special: Opportunity to rehab, reposition, and maximize rental income.
    • Spacious Layouts: Generously sized bedrooms and spacious room layouts in each unit.
    Updated: Feb 7
    View details
    Kankakee Multi-Family Investment Opportunity
    $99,999

    Kankakee Multi-Family Investment Opportunity

    312 S Evergreen Ave, Kankakee, IL 60901

    Two-unit multi-family home with Craftsman details and income potential.

    • Investment opportunity with one unit vacant and one occupied for immediate income.
    • Multi‑family home with two units, each featuring 3 bedrooms and 1 bathroom.
    • Original Craftsman woodwork and hardwood flooring throughout the units.
    • Built‑in storage units in each unit.
    • Full, unfinished basement offering potential for customization.
    Updated: Jan 21
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    Spacious Mobile Home in Kankakee
    Contact for pricing

    Spacious Mobile Home in Kankakee

    Affordable 4-bedroom, 2-bathroom mobile home in well-kept community.

    1995 Schuyler Ave, Kankakee, IL 60901
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    Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 3 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property in Lowell, Indiana
    Pending
    $295,000
    0.38 Acres

    Mixed-Use Property in Lowell, Indiana

    Retail, office, and residential units in a vibrant suburban setting.

    112-116 Halstead St, Lowell, IN 46356
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    Steger Solid Brick Income Property
    $180,000
    0.14 Acres

    Steger Solid Brick Income Property

    Three-unit residential income property in great location with cash flow.

    39 Mckinley Ave, Steger, IL 60475
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    Renovated Duplex in Central Location
    $208,000
    0.25 Acres

    Renovated Duplex in Central Location

    Two renovated 1-bedroom apartments generating $2,000 monthly income.

    3706 Chicago Rd, Steger, IL 60475
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    Spacious Duplex: Investment Opportunity
    Contact for pricing

    Spacious Duplex: Investment Opportunity

    Well-maintained duplex with two 2-bed, 2-bath units. Great investment.

    213-215 Burr Ct, Lowell, IN 46356
    View details

    Explore Off-Market Properties in Kankakee, IL

    Consider similar Off-Market properties in Kankakee, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    440 Dearborn Ave

    440 Dearborn Ave

    Multifamily properties • 19,000 SF
    Value Estimation by Request
    440 Dearborn Ave, Kankakee, IL 60901
    View details
    210 Tedmark Ct, Unit 280

    210 Tedmark Ct, Unit 280

    APARTMENT HOUSE (5+ UNITS)
    Value Estimation by Request
    210 Tedmark Ct, Kankakee, IL 60901-6123
    View details
    1451 Ct St

    1451 Ct St

    APARTMENT HOUSE (5+ UNITS) • 0.36 Acres
    Value Estimation by Request
    1451 Ct St, Kankakee, IL 60901-4369
    View details
    1002 Hickory St

    1002 Hickory St

    APARTMENT HOUSE (5+ UNITS) • 0.22 Acres
    Value Estimation by Request
    1002 Hickory St, Kankakee, IL 60901-3435
    View details
    315 Wildwood Ave, Unit 323

    315 Wildwood Ave, Unit 323

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation by Request
    315 Wildwood Ave, Kankakee, IL 60901-4167
    View details
    1145 Schuyler Ave

    1145 Schuyler Ave

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation by Request
    1145 Schuyler Ave, Kankakee, IL 60901-5002
    View details
    1200 Oak St

    1200 Oak St

    APARTMENT HOUSE (5+ UNITS) • 0.47 Acres
    Value Estimation by Request
    1200 Oak St, Kankakee, IL 60901-4370
    View details
    550 9th Ave

    550 9th Ave

    APARTMENT HOUSE (5+ UNITS) • 0.77 Acres
    Value Estimation by Request
    550 9th Ave, Kankakee, IL 60901-2935
    View details
    941 Riv Dr

    941 Riv Dr

    APARTMENT HOUSE (5+ UNITS)
    Value Estimation
    $2,600,000
    941 Riv Dr, Kankakee, IL 60901-2279
    View details
    1100 Jeffery St

    1100 Jeffery St

    APARTMENT HOUSE (5+ UNITS) • 4.53 Acres
    Value Estimation
    $5,210,000
    1100 Jeffery St, Kankakee, IL 60901-4680
    View details
    462 Chicago Ave

    462 Chicago Ave

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation by Request
    462 Chicago Ave, Kankakee, IL 60901-5270
    View details
    1745 Duane Blvd

    1745 Duane Blvd

    APARTMENT HOUSE (5+ UNITS)
    Value Estimation
    $800,000
    1745 Duane Blvd, Kankakee, IL 60901-5754
    View details
    216 Hunter Ave

    216 Hunter Ave

    APARTMENT HOUSE (5+ UNITS) • 0.14 Acres
    Value Estimation by Request
    216 Hunter Ave, Kankakee, IL 60901-4373
    View details
    950 Merchant St

    950 Merchant St

    APARTMENT HOUSE (5+ UNITS) • 0.30 Acres
    Value Estimation by Request
    950 Merchant St, Kankakee, IL 60901-4169
    View details
    751 5th Ave

    751 5th Ave

    APARTMENT HOUSE (5+ UNITS) • 1.68 Acres
    Value Estimation
    $1,900,000
    751 5th Ave, Kankakee, IL 60901-2268
    View details
    1122 Ct St

    1122 Ct St

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation by Request
    1122 Ct St, Kankakee, IL 60901-4265
    View details
    584 Chicago Ave

    584 Chicago Ave

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation by Request
    584 Chicago Ave, Kankakee, IL 60901-5272
    View details
    319 5th Ave

    319 5th Ave

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation by Request
    319 5th Ave, Kankakee, IL 60901-3670
    View details
    1105 Merchant St

    1105 Merchant St

    APARTMENT HOUSE (5+ UNITS) • 0.02 Acres
    Value Estimation by Request
    1105 Merchant St, Kankakee, IL 60901-3467
    View details
    890 5th Ave

    890 5th Ave

    APARTMENT HOUSE (5+ UNITS) • 0.28 Acres
    Value Estimation by Request
    890 5th Ave, Kankakee, IL 60901-2212
    View details
    425 Roosevelt Ave

    425 Roosevelt Ave

    APARTMENT HOUSE (5+ UNITS) • 0.34 Acres
    Value Estimation by Request
    425 Roosevelt Ave, Kankakee, IL 60901-3081
    View details

    Kankakee, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 62 multifamily properties for sale in Kankakee, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 737,659 square feet of properties for sale, with an estimated market value of $25,090,000.

    Sale prices for multifamily properties in Kankakee, IL start at $130,000, averaging $836,333, and reaching up to $5,430,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Browse Multifamily properties for Sale Near Kankakee, IL

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    Most Searched ZIP Codes in Kankakee, IL

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