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Kankakee, IL Residential Income Properties for Sale

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Kankakee Multi-Family Investment Opportunity
$99,999

Kankakee Multi-Family Investment Opportunity

312 S Evergreen Ave, Kankakee, IL 60901

Two-unit multi-family home with Craftsman details and income potential.

  • Investment opportunity with one unit vacant and one occupied for immediate income.
  • Multi‑family home with two units, each featuring 3 bedrooms and 1 bathroom.
  • Original Craftsman woodwork and hardwood flooring throughout the units.
  • Built‑in storage units in each unit.
  • Full, unfinished basement offering potential for customization.
Updated: Jan 13
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Mixed-Use Investment Opportunity, Kankakee
$560,000
0.30 Acres

Mixed-Use Investment Opportunity, Kankakee

242 W Jeffery St, 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
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Spacious Mobile Home in Kankakee
$44,900

Spacious Mobile Home in Kankakee

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

1995 Schuyler Ave, Kankakee, IL 60901
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Based on your search, we've compiled 73 Potential Opportunities for your consideration. Besides 3 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Auto Body Repair Facility
$655,000
0.66 Acres

Auto Body Repair Facility

Auto body repair facility with rental property on high-visibility lot.

525 S Dixie Hwy, Beecher, IL 60401
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Beecher IL Development Land
$399,000
3.72 Acres

Beecher IL Development Land

3.72 Acres, B-3 Zoning, High Visibility

0 Hunters Dr, Beecher, IL 60401
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Monee Mixed-Use Investment Opportunity
Contact for pricing
0.10 Acres

Monee Mixed-Use Investment Opportunity

Two-unit property in Monee, Illinois, with commercial potential.

5421 W Main St, Monee, IL 60449
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Renovated Home in Golf Community
$69,900

Renovated Home in Golf Community

Completely renovated 3 bed, 2 bath home in 55+ community.

5063 Augusta Blvd, Monee, IL 60449
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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 for sale in a peaceful neighborhood.

215 N Rosewood Ave, Kankakee, IL 60901
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Residential Land in Kankakee, IL
Contact for pricing

Residential Land in Kankakee, IL

Residential lot with easy access to major roads.

1142 S Washington Ave, Kankakee, IL 60901
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Residential Land in Kankakee, IL
Contact for pricing

Residential Land in Kankakee, IL

Residential lot with easy access to major roads.

1154 S Washington Ave, Kankakee, IL 60901
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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
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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
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1451 Ct St

1451 Ct St

APARTMENT HOUSE (5+ UNITS) • 0.36 Acres
Value Estimation
$305,000
1451 Ct St, Kankakee, IL 60901-4369
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1002 Hickory St

1002 Hickory St

APARTMENT HOUSE (5+ UNITS) • 0.22 Acres
Value Estimation
$275,000
1002 Hickory St, Kankakee, IL 60901-3435
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315 Wildwood Ave, Unit 323

315 Wildwood Ave, Unit 323

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation
$270,000
315 Wildwood Ave, Kankakee, IL 60901-4167
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1145 Schuyler Ave

1145 Schuyler Ave

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation
$270,000
1145 Schuyler Ave, Kankakee, IL 60901-5002
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1200 Oak St

1200 Oak St

APARTMENT HOUSE (5+ UNITS) • 0.47 Acres
Value Estimation
$275,000
1200 Oak St, Kankakee, IL 60901-4370
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550 9th Ave

550 9th Ave

APARTMENT HOUSE (5+ UNITS) • 0.77 Acres
Value Estimation
$290,000
550 9th Ave, Kankakee, IL 60901-2935
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941 Riv Dr

941 Riv Dr

APARTMENT HOUSE (5+ UNITS)
Value Estimation
$2,650,000
941 Riv Dr, Kankakee, IL 60901-2279
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1100 Jeffery St

1100 Jeffery St

APARTMENT HOUSE (5+ UNITS) • 4.53 Acres
Value Estimation
$5,430,000
1100 Jeffery St, Kankakee, IL 60901-4680
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462 Chicago Ave

462 Chicago Ave

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation
$270,000
462 Chicago Ave, Kankakee, IL 60901-5270
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1745 Duane Blvd

1745 Duane Blvd

APARTMENT HOUSE (5+ UNITS)
Value Estimation
$800,000
1745 Duane Blvd, Kankakee, IL 60901-5754
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216 Hunter Ave

216 Hunter Ave

APARTMENT HOUSE (5+ UNITS) • 0.14 Acres
Value Estimation
$270,000
216 Hunter Ave, Kankakee, IL 60901-4373
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950 Merchant St

950 Merchant St

APARTMENT HOUSE (5+ UNITS) • 0.30 Acres
Value Estimation
$235,000
950 Merchant St, Kankakee, IL 60901-4169
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751 5th Ave

751 5th Ave

APARTMENT HOUSE (5+ UNITS) • 1.68 Acres
Value Estimation
$1,900,000
751 5th Ave, Kankakee, IL 60901-2268
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1122 Ct St

1122 Ct St

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation
$265,000
1122 Ct St, Kankakee, IL 60901-4265
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584 Chicago Ave

584 Chicago Ave

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation
$265,000
584 Chicago Ave, Kankakee, IL 60901-5272
View details
319 5th Ave

319 5th Ave

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation
$75,000
319 5th Ave, Kankakee, IL 60901-3670
View details
1105 Merchant St

1105 Merchant St

APARTMENT HOUSE (5+ UNITS) • 0.02 Acres
Value Estimation
$300,000
1105 Merchant St, Kankakee, IL 60901-3467
View details
890 5th Ave

890 5th Ave

APARTMENT HOUSE (5+ UNITS) • 0.28 Acres
Value Estimation
$265,000
890 5th Ave, Kankakee, IL 60901-2212
View details
425 Roosevelt Ave

425 Roosevelt Ave

APARTMENT HOUSE (5+ UNITS) • 0.34 Acres
Value Estimation
$300,000
425 Roosevelt Ave, Kankakee, IL 60901-3081
View details

Kankakee, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 62 residential income properties for sale in Kankakee, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 750,727 square feet of properties for sale, with an estimated market value of $25,650,000.

Prices for residential income properties in Kankakee, IL start at $130,000, averaging $827,419, 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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