368 Wall Street, Kankakee, Illinois 60901
$169,900
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1960 |
| Property Taxes: | $4,430 |
| Days On Market: | 35 |
| Lot Size: | 0,00 |
Description
Investor Alert! Discover an exceptional opportunity with this legally nonconforming property license with the city of Kankakee featuring two separate homes on one lot, offering maximum versatility and strong income potential. Whether you're looking to offset your housing costs by living in one of the houses and renting the other, or to rent both homes out for steady cash flow, this property delivers. The front home offers a spacious 2-bedroom, 1-bath layout with an open-concept living and dining area, an updated kitchen with a walk-in pantry, a full basement, and a roof with plenty of life left in it. All utilities are separately metered. The rear home was fully remodeled just two years ago and includes 2 bedrooms, 1 bathroom, brand-new flooring, electric baseboard heating, and an added laundry room for increased tenant appeal. The front unit is easily rented for $1,100, while the back unit has brought in $975 monthly. The rear unit is currently vacant to allow for easy showings. Don't miss this rare dual-unit investment in a desirable area-schedule your private tour today!
Property Specifics
| Multi-unit | |
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| 1960 | |
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| No | |
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| Kankakee | |
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| — / — | |
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| — | |
| 12433905 | |
| 16170620101000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 7 Aug, 2025 | Under contract | $169,900 | MRED MLS |
| 5 Aug, 2025 | Listed for sale | $169,900 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 50x100 | |
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| Not in DB | |
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| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $4,430 |
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