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    Kankakee, IL
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    Kankakee, IL Quadplexes for Sale

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    Bradley, IL Bourbonnais, IL Aroma Park, IL
    Four-Unit Multifamily Investment Opportunity
    $350,000

    Four-Unit Multifamily Investment Opportunity

    1585 W Station Street, Kankakee, IL 60901

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

    • Four‑unit multi‑family property.
    • Three 2‑bedroom, 1‑bath units.
    • One 1‑bedroom, 1‑bath unit.
    • Strong market rents.
    • Excellent opportunity for rental income.
    Updated: Mar 2
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Merrillville Four-Unit Investment Opportunity
    $584,900
    4,320 SF

    Merrillville Four-Unit Investment Opportunity

    Fully brick 4-unit property with cash flow and value-add potential.

    135 W 57th Avenue, Merrillville, IN 46410
    View details
    Merrillville Four-Unit Multifamily Property
    $434,900
    0.35 Acres

    Merrillville Four-Unit Multifamily Property

    Four-unit building in Merrillville with recent updates and separate utilities.

    5625 Massachusetts Street, Merrillville, IN 46410
    View details
    Hegewisch Multifamily Investment Opportunity
    $199,900

    Hegewisch Multifamily Investment Opportunity

    Value-add multifamily property near Metra station in Chicago's Hegewisch.

    13513 S Baltimore Avenue, Chicago, IL 60633
    View details
    Four Unit Medical Office Building
    $1,567,000

    Four Unit Medical Office Building

    Four-unit medical office building with one residential unit for sale.

    11238 S Western Avenue, Chicago, IL 60643
    View details

    Kankakee, IL Quadplexes Investment Opportunities Market Analysis

    Explore 1 quadplexes 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 $350,000.

    Sale prices for four-unit buildings in Kankakee, IL start at $350,000, averaging $350,000, and reaching up to $350,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Kankakee.

    Top Commercial Asset Segments

    Duplexes 2
    Apartment buildings 1
    Quadplexes 1
    Triplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Kankakee submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60901 $350K

    Taxes & Financing

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

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