265 Washington Avenue, Kankakee, Illinois 60901
$155,000
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For Sale
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1910 |
| Property Taxes: | $2,775 |
| Days On Market: | 4 |
| Lot Size: | 0,00 |
Description
Opportunities like this don't come around often. This solid two-unit property in the heart of Kankakee is the definition of a true income-producing asset-already generating nearly $3,000 per month in rental income. Whether you're looking to expand your portfolio or secure a strong cash-flowing investment from day one, this property checks all the boxes. Both units are well-positioned to provide consistent returns, making it an ideal addition for both seasoned investors and those just getting started. The current ownership has maintained the property and is offering it strictly due to relocation, creating a rare chance to step into a performing asset without the typical startup headaches. This is the kind of deal investors wait for-stable, proven, and ready to go. Located in a convenient area with strong rental demand, this property offers the perfect blend of cash flow and long-term upside. Call today to schedule your private showing-48-hour notice required. Serious inquiries only. Buyers must be pre-approved or provide proof of funds prior to showing.
Property Specifics
| Multi-unit | |
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| 1910 | |
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| No | |
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| Kankakee | |
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| — / — | |
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| 12604531 | |
| 16093233701600 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 12 Jun, 2019 | Sold | $32,000 | MRED MLS |
| 29 Apr, 2019 | Under contract | $39,900 | MRED MLS |
| — | Last price change | $47,500 | MRED MLS |
| 15 Aug, 2017 | Listed for sale | $70,000 | MRED MLS |
| 30 Mar, 2026 | Listed for sale | $155,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
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Floor Type: —
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Dimensions: —
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Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 40X111X45X110 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2019 | $2,238 |
| 2026 | $2,775 |
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Listing Provided By
Village Realty, Inc
