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    Kankakee, IL Multifamily Properties for Sale

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    Kankakee Residential Income Opportunity
    $104,999

    Kankakee Residential Income Opportunity

    312 S Evergreen Ave, Kankakee, IL 60901

    Two-unit multifamily home with original hardwood floors and built-ins.

    • Investment property with one unit vacant and one occupied, offering immediate rental income.
    • Multi‑family home with two units, providing potential for owner‑occupancy and rental income.
    • Each unit features 3 bedrooms, a full bath, kitchen, living and dining rooms.
    • Craftsman woodwork inspired design with original hardwood flooring and built‑in storage.
    • Full unfinished basement offers potential for customization and added value.
    Updated: Dec 18, 2025
    View details
    Spacious Mobile Home in Kankakee
    $44,900

    Spacious Mobile Home in Kankakee

    1995 Schuyler Ave, Kankakee, IL 60901

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

    • Spacious 4‑bedroom layout provides ample room for a family.
    • Affordable homeownership opportunity.
    • Includes a private master suite with a full bath.
    • Move‑in ready condition upon closing.
    • Located in the Kankakee Estates community.
    Updated: Aug 25, 2025
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    Based on your search, we've compiled 65 Potential Opportunities for your consideration. Besides 2 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
    $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
    View details
    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
    View details
    Renovated Steger 2-Flat Investment
    $210,000
    0.25 Acres

    Renovated Steger 2-Flat Investment

    Fully renovated 2-flat in Steger, generating $2,000 monthly income.

    3706 Chicago Rd, Steger, IL 60475
    View details
    Spacious Duplex: Investment Opportunity
    $395,900

    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
    $290,000
    315 Wildwood Ave, Kankakee, IL 60901-4167
    View details
    1145 Schuyler Ave

    1145 Schuyler Ave

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation
    $275,000
    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
    $2,630,000
    941 Riv Dr, Kankakee, IL 60901-2279
    View details
    1100 Jeffery St

    1100 Jeffery St

    APARTMENT HOUSE (5+ UNITS) • 4.53 Acres
    Value Estimation
    $5,305,000
    1100 Jeffery St, Kankakee, IL 60901-4680
    View details
    462 Chicago Ave

    462 Chicago Ave

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation
    $290,000
    462 Chicago Ave, Kankakee, IL 60901-5270
    View details
    1745 Duane Blvd

    1745 Duane Blvd

    APARTMENT HOUSE (5+ UNITS)
    Value Estimation
    $775,000
    1745 Duane Blvd, Kankakee, IL 60901-5754
    View details
    216 Hunter Ave

    216 Hunter Ave

    APARTMENT HOUSE (5+ UNITS) • 0.14 Acres
    Value Estimation
    $270,000
    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
    $1,895,000
    751 5th Ave, Kankakee, IL 60901-2268
    View details
    1122 Ct St

    1122 Ct St

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation
    $290,000
    1122 Ct St, Kankakee, IL 60901-4265
    View details
    584 Chicago Ave

    584 Chicago Ave

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation
    $270,000
    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
    $290,000
    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
    564 Indiana Ave

    564 Indiana Ave

    APARTMENT HOUSE (5+ UNITS)
    Value Estimation
    $100,000
    564 Indiana Ave, Kankakee, IL 60901-2430
    View details

    Kankakee, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 61 multifamily properties for sale in Kankakee, IL 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.

    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 have the most current data.

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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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