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Illinois

Multifamily

Kankakee County, IL Multifamily Properties for Sale

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22 properties

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Remodeled Two-Unit Duplex with Private Laundry

Updated: May 4

Remodeled Two-Unit Duplex with Private Laundry

1095-1097 E Merchant Street, Kankakee, IL 60901

$185,000

Remodeled two‑unit duplex with two separate in‑unit laundry setups
3‑bedroom, 1‑bath unit plus 2‑bedroom, 1‑bath unit configuration
Front and back porches accessible from both apartments
Detached 2‑car garage with sidewalk access to the property
Vinyl siding with asphalt roof and natural gas heating

Updated Two-Unit Duplex

Updated: Jun 16

Updated Two-Unit Duplex

1020 E Court Street, Kankakee, IL 60901

$130,000

Two‑unit duplex with matching layouts
Each unit includes 2 bedrooms and 1 bathroom
Fully rented property
Newer roof, updated bathrooms, porches, gutters, and downspouts
Separate tenant‑paid electric; owner pays water, garbage removal, and NICOR bill

Well-Maintained Duplex with Garage

Well-Maintained Duplex with Garage

357 S ROSEWOOD Avenue, Kankakee, IL 60901

$190,000

Well-maintained two-unit duplex with vinyl siding, forced-air natural gas heat, and a garage for parking convenience.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Multi-Unit Residential Income Property

Multi-Unit Residential Income Property

2405 E Court Street, Kankakee, IL 60901

$300,000

1.75 AC lot

Residential income property with multiple rental units, including three apartments, and additional structures along the frontage road.

Remodeled Two-Unit Duplex

Remodeled Two-Unit Duplex

1338 East Chestnut Street, Kankakee, IL 60901

$160,000

2,240 sqft

Updated interiors and building systems create two contemporary rental units with flexible owner-occupant potential.

Mixed-Use Retail & Apartment Building

Mixed-Use Retail & Apartment Building

49-63 N Main St, Manteno, IL 60950

Contact for pricing

12,800 sqft 0.29 AC lot

Mixed-use property in Manteno's central commercial area.

Residential Income Property with City Utilities

Residential Income Property with City Utilities

1945 S SCHUYLER AVE, Kankakee, IL 60901

Contact for pricing

113,256 sqft

City water and city sewer serve the property, with tenants directly billed for all utilities.

Mixed-Use Industrial and Residential Building

Mixed-Use Industrial and Residential Building

257 South West Avenue, Kankakee, IL 60901

Contact for pricing

18,000 sqft

Building combines sheet metal business space with five upstairs apartments, including recent upgrades to two units.

Four-Unit Quadplex

Four-Unit Quadplex

220 1/2 Entrance Avenue S, Kankakee, IL 60901

Contact for pricing

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

32-Unit Multifamily Building

32-Unit Multifamily Building

751-757 North 5th Avenue, Kankakee, IL 60901

$2,240,000

32 residential units feature 2 bed/1 bath layouts in a fully electric building with upgraded electric panels.

Fully Rented Quadplex Investment

Fully Rented Quadplex Investment

1020 Beauchamp Ave., Manteno, IL 60950

Contact for pricing

Four-unit apartment building with on-site coin laundry and detached one-car garages.

Leased 6-Unit Apartment Building

Leased 6-Unit Apartment Building

1571 Girard Way, Bourbonnais, IL 60914

Contact for pricing

Six-unit apartment building is fully leased and features attached garages for each unit and on-site laundry.

Manteno Mobile Home Community

Manteno Mobile Home Community

10557 N State Rte 50, Manteno, IL 60950

Contact for pricing

138,520 sqft 3.18 AC lot

31-site mobile home community with additional income potential.

Multi-Family Building with Retail Spot

Multi-Family Building with Retail Spot

229 S Chicago, Saint Anne, IL 60964

Contact for pricing

Four multi-family buildings are offered, including a retail spot formerly operated as a flower shop.

Eight-Unit Apartment Building

Eight-Unit Apartment Building

1328 Potomac Place, Bourbonnais, IL 60914

Contact for pricing

Eight-unit building features seven two-bedroom apartments and one one-bedroom unit with private balconies and patios.

Fully Leased Multifamily Building

Fully Leased Multifamily Building

1331 Potomac Place, Bourbonnais, IL 60914

Contact for pricing

Apartment building with nine units, including eight one-bedroom and one two-bedroom, with tenants paying utilities.

Four-Unit Multifamily Investment Opportunity

Four-Unit Multifamily Investment Opportunity

1585 W Station Street, Kankakee, IL 60901

Contact for pricing

Four-unit property built in the 1970s with strong rental income.

3-Bedroom 55+ Corner Lot Mobile Home

3-Bedroom 55+ Corner Lot Mobile Home

1151 Ash Ct, Manteno, IL 60950

$72,500

Well-maintained 3-bedroom, 2-bath mobile home on a corner lot in an Oak Ridge 55+ community with 2023 roof updates.

Mobile Home Park Portfolio

Mobile Home Park Portfolio

1405 N Kinzie Ave, Bourbonnais, IL 60914

Contact for pricing

Three manufactured housing communities totaling 600+ spaces, with municipal water and sewer services across the portfolio.

Duplex with Two Detached Garages

Duplex with Two Detached Garages

197 N Cleveland Avenue, Bradley, IL 60915

Contact for pricing

Two separate residences with detached garages and basements, offering a turnkey setup with existing renters.

Partially Rehabbed Apartment Complex

Partially Rehabbed Apartment Complex

2755 Cooper Dr, Kankakee, IL 60901

Contact for pricing

52-unit apartment complex with half of units rehabbed and half currently leased.

Multifamily Investment Property in Manteno, IL

Multifamily Investment Property in Manteno, IL

382 N Birch Street, Manteno, IL 60950

Contact for pricing

Well-maintained 8-unit multifamily property with updated features.

Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Kankakee County, IL, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Kankakee County, IL

Consider similar Off-Market properties in Kankakee County, 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.

1430 Wingo Turn

APARTMENT HOUSE (5+ UNITS)

1430 Wingo Turn, Bourbonnais, IL 60914-4729

Value Estimation by Request

312 Riv St

APARTMENT HOUSE (5+ UNITS)

312 Riv St, Bourbonnais, IL 60914-1892

$260,000

Estimated value

0.25 AC lot

Kankakee County, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Kankakee County, IL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 284,816 square feet of properties for sale, with an estimated market value of $3,277,500.

Sale prices for multifamily properties in Kankakee County, IL start at $72,500, averaging $468,214, and reaching up to $2,240,000 — 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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