450 DEARBORN AVE Kankakee, IL 60901

The property is a multi-family investment consisting of 19 residential units in three separate buildings, located within two blocks of Phase 1 of the Kankakee Riverfront Revitalization project and near shopping, an expressway, the downtown area, the Kankakee Farmers Market, and nearby restaurants. The 12-unit building at 450 Dearborn is constructed of brick and includes ten 2-bedroom units and two 1-bedroom units; it features wall or window A/C units in the apartments and is heated by hot water heat. Building 440 contains three units, had its roof replaced in 2018, and features window replacements completed in 2024–2025. Building 466 is a brick, stone, and siding four-unit building with all 1-bedroom units; its roof and siding were replaced in 2018. Laundry facilities are located in building 450, with washers and dryers provided for tenant use, and a 5-car garage is included on-site for additional income or owner use. Tenant-paid utilities include electric, while the owner provides electricity for common areas of building 450 and also covers water, refuse, and gas for all three buildings. Cooling is provided via central air in building 466, and wall or window A/C units in buildings 440 and 450; building 440 and building 466 are heated with forced air. Real estate tax amounts cited in the source are excluded from this profile, and the ages of buildings 440 and 466 are listed as unknown.