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491 S Chicago Avenue Kankakee IL 60901US6 Bed, 4.00 Bath (4 Full Bath), 12562010
491 S Chicago Avenue KankakeeIL60901
165000.0000 1/1/1900 12:00:00 AM
Realty Executives Success (Shorewood)
700 W. JeffersonShorewoodIL60404
815-773-1150
1 /

Courtesy of: Vasiliki Skliros, Compass, veskliros@gmail.com

491 S Chicago Avenue
Kankakee IL 60901 US

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1 /

Courtesy of: Vasiliki Skliros, Compass, veskliros@gmail.com

Realty Executives Success (Shorewood)
700 W. Jefferson
Shorewood, IL, US 60404
815-773-1150

Get more info about this property

491 S Chicago Avenue
Kankakee IL 60901 US

$165,000

Active Listing ID 12562010
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6 bed
bath icon
4.00 Bath (4 Full)
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Other

$165,000

Active Listing ID 12562010
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491 S Chicago Avenue Value-Add 3 Unit with Strong Cash Flow Potential - Kankakee Attention investors - this three-unit property at 491 S Chicago Ave, Kankakee, IL offers a prime opportunity to create equity and generate consistent rental income. One unit is currently habitable and rentable, providing immediate income potential, while two additional units need light remodeling - a perfect setup for a value-add investor looking to increase rents and overall property performance. With updates, this building has the potential to become a strong cash-flowing asset. The property features charming architectural details and curb appeal, adding to long-term tenant desirability. Opportunities like this allow investors to renovate strategically, raise rents, and significantly improve returns. Ideal for: Investors seeking a light rehab project. Buyers looking to house hack and build equity. Portfolio landlords wanting forced appreciation potential. Bring your vision and unlock the income potential this classic Kankakee multi-unit offers!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Roof Type: Slate
  • Heating Fuels: Electric (Heating), Forced Air, Natural Gas
  • Additional Features
  • Basement
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 165000
  • unparsedaddress: 491 S Chicago Avenue
  • postalcity: Kankakee
  • stateorprovince: IL
  • country: US
  • postalcode: 60901
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.114765
  • longitude: -87.859581
  • listagentfullname: Vasiliki Skliros
  • listagentemail: veskliros@gmail.com
  • listagentkey: 3yd-MREDIL-1014400
  • listagentmlsid: 1014400
  • listagentofficephone: 6306775061
  • listofficekey: 3yd-MREDIL-87120
  • listofficemlsid: 87120
  • 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: 1920
  • listingcontractdate: 2026-02-05
  • listagenturl: https://www.compass.com/
  • countyorparish: Kankakee
  • parcelnumber: 16170511601900
  • elementaryschooldistrict: 111
  • middleorjuniorschooldistrict: 111
  • highschooldistrict: 111
  • constructionmaterials: Vinyl Siding
  • heating: Electric (Heating), Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 6
  • parkingfeatures: Driveway, Owned, Garage, Off Street
  • roof: Slate
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 1, Basement, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 6, Bathroom 3
  • patioandporchfeatures: Porch
  • basement: Partially Finished, Unfinished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.85958, 41.114765
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"veskliros@gmail.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Real Estate", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"55 E ERIE ST STE 1C ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"87120", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":null, "ListOfficePostalCode":"60611", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Kankakee, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/491-S-Chicago-Ave_Kankakee_IL_60901_M98814-38268?f=listhub&s=MREDIL&m=12562010&c=rexren", "MLSModificationTimestamp":"2026-02-11 06:07:24", "Neighborhoods":[{"Description":null, "Name":"Kankakee"}], "PostalCode":null, "RoomCount":16, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3792, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/11/2026 6:18:59 AM GMT
Source Updated Date: 2/14/2026 7:02:23 AM GMT

Courtesy of: Vasiliki Skliros, Compass, veskliros@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.

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