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    Kankakee, IL
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    Kankakee, IL Other Residential Income Properties for Sale

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    Bradley, IL Bourbonnais, IL Aroma Park, IL
    Mixed-Use Property in Kankakee, IL
    $560,000
    0.30 Acres

    Mixed-Use Property in Kankakee, IL

    242 W Jeffery Street, Kankakee, IL 60901

    Mixed-use property in prime location, great investment opportunity.

    • Income‑generating asset
    • Mixed‑use property (commercial & residential)
    • Prime location
    • Great investment opportunity
    • Enjoy central air
    Updated: Jan 3
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Blue Island Mixed-Use Opportunity
    $199,000
    0.10 Acres

    Blue Island Mixed-Use Opportunity

    Mixed-use property in Blue Island's Olde Western Historic District.

    13315 Olde Western Avenue, Blue Island, IL 60406
    View details
    Updated Condo with Community Amenities
    $184,900
    1,180 SF

    Updated Condo with Community Amenities

    Updated 2-bedroom condo with pool, clubhouse, and tennis court.

    245 W Joliet Street 201, Schererville, IN 46375
    View details
    Modern Townhouse with Fountain View
    $275,000
    1,700 SF

    Modern Townhouse with Fountain View

    Luxurious, maintenance-free townhouse near shopping, dining, and entertainment.

    986 Fountain Place, Schererville, IN 46375
    View details
    Commercially Zoned Mixed-Use Property
    $425,000
    2,882 SF

    Commercially Zoned Mixed-Use Property

    Mixed-use property with retail space, office, and apartment.

    12522 Western Avenue, Blue Island, IL 60406
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Kankakee, IL
    Contact for pricing

    Residential Lot in Kankakee, IL

    Vacant residential lot suitable for building a home or investment property.

    215 N Rosewood Avenue, Kankakee, IL 60901
    View details
    Clifton, IL Land For Sale
    $75,000
    0.71 Acres

    Clifton, IL Land For Sale

    Approximately 0.71 acre lot in Clifton, Illinois.

    175 E 3rd Avenue, Clifton, IL 60927
    View details
    Residential Land in Essex Landing
    $36,000
    1.20 Acres

    Residential Land in Essex Landing

    1.2 acre residential lot in Essex Landing subdivision.

    245 Essex Way lot: 25, Essex, IL 60935
    View details
    Tranquil Semi-Wooded Acreage
    $45,000
    1.20 Acres

    Tranquil Semi-Wooded Acreage

    1.2 acres in Essex Landing subdivision, ready for your dream home.

    211 Norfolk Way lot: 54, Essex, IL 60935
    View details

    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.

    1500 2750W Rd

    1500 2750W Rd

    Farms • 5.37 Acres
    Value Estimation by Request
    1500 2750W Rd, Kankakee, IL 60901
    View details
    60901 - Kankakee County

    60901 - Kankakee County

    Farms • 6.16 Acres
    Value Estimation by Request
    60901 - Kankakee County, Kankakee, IL 60901
    View details
    60901 - Kankakee County

    60901 - Kankakee County

    Farms • 5.37 Acres
    Value Estimation by Request
    60901 - Kankakee County, Kankakee, IL 60901
    View details
    1917 2750W Rd

    1917 2750W Rd

    Farms • 6.16 Acres
    Value Estimation by Request
    1917 2750W Rd, Kankakee, IL 60901
    View details

    Kankakee, IL Other Residential Income Properties Investment Opportunities Market Analysis

    Explore 5 other residential income properties for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $560,000.

    Sale prices for other residential income properties in Kankakee, IL start at $560,000, averaging $560,000, and reaching up to $560,000 — 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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    Operating Costs & Financing

    Kankakee property taxes are above the county average by 2.50 percentage points. Average Loan-to-Value is 65.0%.

    Tax Rate (average for all types) 11.80%
    Tax Rate vs County Average 2.50 pp above county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Kankakee.

    Leading Commercial Asset Segments

    Multifamily properties 6
    Duplexes 3
    Apartment buildings 1
    Quadplexes 1
    Triplexes 1

    Kankakee Demographics Overview

    Population 33K
    Population Growth (5Y) -6.4%
    Median Household Income $54,557
    College Educated 22.6%

    Top Neighborhoods for Investment

    Discover the areas of Kankakee with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    60901 $99.9K - 2.4M $1.2M

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