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427 S Chicago Avenue
Kankakee IL 60901 US

$45,000

Active Listing ID 12548086
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6 bed
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2.00 Bath (2 Full)
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Other

$45,000

Active Listing ID 12548086
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427 S Chicago Avenue Investor Special - Opportunity in the Heart of Kankakee! Massive 2600 sq ft two-unit property offering a rare opportunity for real estate investors looking to rehab, reposition, and maximize rental income. Each unit features 3 generously sized bedrooms with spacious room layouts, providing strong potential for future long-term tenants once renovated. The full basement offers an excellent opportunity to add a shared laundry area, creating an additional income stream and increasing overall property value. Located close to downtown Kankakee, this property is within close proximity to restaurants, gas stations, the public library, Kankakee Farmers Market, City Hall, the courthouse, attorney offices, and numerous other downtown amenities-making it a highly desirable location for future renters. This property is ideal for those looking to renovate, rent, and build long-term wealth in a centrally located area. Bring your contractor and your vision-opportunities like this don't come around often. This property is being sold in AS IS condition.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 45000
  • unparsedaddress: 427 S Chicago Avenue
  • postalcity: Kankakee
  • stateorprovince: IL
  • country: US
  • postalcode: 60901
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.115452
  • longitude: -87.859521
  • listagentfullname: Monica Pizano
  • listagentemail: monicapizanocasas@gmail.com
  • listagentkey: 3yd-MREDIL-940212
  • listagentmlsid: 940212
  • listagentpreferredphone: (815) 671-6209
  • listagentofficephone: 8156716209
  • listofficekey: 3yd-MREDIL-94264
  • listofficemlsid: 94264
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1906
  • listingcontractdate: 2026-01-24
  • countyorparish: Kankakee
  • parcelnumber: 16170511601300
  • elementaryschooldistrict: 111
  • middleorjuniorschooldistrict: 111
  • highschooldistrict: 111
  • constructionmaterials: Aluminum Siding
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 4
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • rooms: Bathroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 6, Bedroom 4, Bedroom 2, Bedroom 5
  • basement: Unfinished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.85952, 41.11545
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-MREDIL-12548086", "OpenHouseEndTime": "2026-02-01 14:00:00", "OpenHouseId": "1079268", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-02-01 12:00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Prestige Homes", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"monicapizanocasas@gmail.com", "ListBrokerageCity":"Kankakee", "ListBrokerageCountry":"US", "ListBrokerageEmail":"monica_pizano2000@yahoo.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Prestige Homes", "ListBrokeragePhone":"(815) 671-6209", "ListBrokeragePostalCode":"60901", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"297 S. Schuyler Ave", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"297 S Schuyler Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"94264", "ListOfficeCity":"Kankakee", "ListOfficeCountry":"USA", "ListOfficeEmail":"monica_pizano2000@yahoo.com", "ListOfficePostalCode":"60901", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Kankakee, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/427-S-Chicago-Ave_Kankakee_IL_60901_M84993-15196?f=listhub&s=MREDIL&m=12548086&c=rexren", "MLSModificationTimestamp":"2026-01-30 20:03:02", "Neighborhoods":[{"Description":null, "Name":"Kankakee"}], "PostalCode":null, "RoomCount":14, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/1/2026 12:25:51 AM GMT
Source Updated Date: 2/4/2026 12:52:35 PM GMT

Courtesy of: Monica Pizano, RE/MAX Prestige Homes, monicapizanocasas@gmail.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.