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    Kankakee County, IL Residential Income Properties for Sale

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    8-Unit Apartment Building
    Updated: Oct 1
    8-Unit Apartment Building

    1525 E Risser Street, Kankakee, IL 60901

    $469,900
    0.20 AC lot
    Eight apartments: four one‑bedroom units and four two‑bedroom units
    Fully rented property
    Recent updates to the parking lot, boiler, water heaters, and roof
    Coin‑operated laundry room on site
    0.1975 acres; zoned MULTI
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    Updated Two-Unit Duplex
    Updated: Aug 24
    Updated Two-Unit Duplex

    341 S 5th Avenue, Kankakee, IL 60901

    $160,000
    0.17 AC lot
    Two‑unit duplex with both residences currently leased
    First‑floor unit recently updated and occupied by a new tenant
    Second‑floor unit has more than 15 years of tenant occupancy
    Updated furnaces, electrical panels, and water heaters
    0.17‑acre lot with owned parking, basement, balcony, and deck
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    Mixed-Use Property with Central Air
    Mixed-Use Property with Central Air

    242 W Jeffery Street, Kankakee, IL 60901

    $560,000
    0.30 AC lot

    Combination commercial and residential property with central air conditioning in Kankakee.

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    Mixed-Use Retail & Apartment Building
    Mixed-Use Retail & Apartment Building

    49-63 N Main St, Manteno, IL 60950

    $1,250,000
    12,983 sqft 0.29 AC lot

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

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    Renovated Duplex with Yard
    Renovated Duplex with Yard

    327 E Indiana Street, Momence, IL 60954

    $269,900

    Separate utility meters, public services, and off-street parking support practical owner-occupant or rental use.

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    Mixed-Use Property with Outdoor Venue
    Mixed-Use Property with Outdoor Venue

    5896 State RT 17 Hwy, Kankakee, IL 60901

    $425,000
    3,500 sqft 0.39 AC lot

    Two apartments accompany an established hospitality layout with kitchen, bar, seating, and entertainment areas.

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    Duplex With Detached Garage
    Duplex With Detached Garage

    1095-1097 E Merchant Street, Kankakee, IL 60901

    $185,000

    Updated two-unit property with separate laundry facilities, porches, and public utilities.

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    Six-Bedroom Duplex
    Six-Bedroom Duplex

    427 S Chicago Avenue, Kankakee, IL 60901

    $45,000
    2,600 sqft

    Two residential units offer three bedrooms apiece, plus a full basement and natural gas service.

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    Duplex with Commercial Zoning
    Duplex with Commercial Zoning

    1020 E Court Street, Kankakee, IL 60901

    $130,000

    Both apartments include separate living, dining, and kitchen areas with tenant-paid electric.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    127 West Taylor Street, Grant Park, IL 60940

    Contact for pricing
    6,609 sqft

    Combines residential units with office and light warehouse space in one multi-component commercial building.

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    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.

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    15-Unit Apartment Building
    15-Unit Apartment Building

    352 N Birch St, Manteno, IL 60950

    $1,700,000

    Apartment community with one- and two-bedroom units, balconies, resident laundry, and an owner’s residence.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    350 N Birch St, Manteno, IL 60950

    $1,500,000

    Each residence offers two bedrooms and one bathroom, with stores and restaurants within walking distance.

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    Duplex Property With Private Yards
    Duplex Property With Private Yards

    1115 N Schuyler Ave, Kankakee, IL 60901

    $349,900

    Two separately configured residences provide distinct outdoor areas, parking, and household amenities.

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    Updated Four-Unit Apartment Building
    Updated Four-Unit Apartment Building

    374 Lynn Drive, Manteno, IL 60950

    $470,000

    Brick-and-vinyl multifamily property with refreshed interiors, rear parking, and full occupancy.

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    Duplex with Two Detached Garages
    Duplex with Two Detached Garages

    197 N Cleveland Avenue, Bradley, IL 60915

    $229,900

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

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    Residential Income Property with Balcony
    Residential Income Property with Balcony

    341 S 5th Avenue, Kankakee, IL 60901

    $165,000

    An unfinished full basement adds utility space to this traditional residential property.

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    Remodeled Two-Unit Duplex
    Remodeled Two-Unit Duplex

    1338 E Chestnut St, Kankakee, IL 60901

    $160,000

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

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    Residential Income Property with Garage
    Residential Income Property with Garage

    1179 S Schuyler Avenue, Kankakee, IL 60901

    $139,900

    Includes a detached garage, full unfinished basement, and natural gas and electric service.

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    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.

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    Character-Filled Duplex with Detached Garage
    Character-Filled Duplex with Detached Garage

    154 E Third St, Manteno, IL 60950

    $115,000

    Two-level income property with separate electric meters, a large deck, and a covered front porch.

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    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.

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    Updated Quadplex with Garage
    Updated Quadplex with Garage

    543 S 3rd Avenue, Kankakee, IL 60901

    Contact for pricing

    Four renovated apartments include an unfinished basement and dedicated parking areas.

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    16-Unit Apartment Building Package
    16-Unit Apartment Building Package

    501-504 N Washington Avenue, Bradley, IL 60915

    Contact for pricing

    Two-story apartment buildings feature private entrances and laundry facilities within each residence.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Kankakee County, IL, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

    Kankakee County, IL Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Kankakee County, IL, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 277,468 square feet of properties for sale, with an estimated market value of $8,397,000.

    Sale prices for residential income properties in Kankakee County, IL start at $45,000, averaging $441,947, and reaching up to $1,700,000 — 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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