Fantastic Investment Opportunity in Kankakee! This remodeled 2-unit building is ideal for investors or those seeking a multi-family living option. The property includes a spacious 3-bedroom, 1-bathroom unit and a well-designed 2-bedroom, 1-bathroom unit, both featuring modern finishes and thoughtful upgrades. Each unit is equipped with its own laundry facilities, providing added convenience for residents. Both apartments offer comfortable living spaces with access to front and back porches, making them highly desirable for tenants. A sidewalk leads to a detached 2-car garage, offering plenty of parking and storage options. Conveniently located near local amenities, this property has the potential to generate strong cash flow through rental income. Don’t miss the chance to own a versatile property with incredible investment potential-schedule your showing today!
Property Details
Price:
$195,000
MLS #:
MRD12624227
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Neighborhood:
kankakee
Listed Date:
May 4, 2026
Year Built:
1890
See this Listing
Schools
School District:
111
Interior
Heating
Natural Gas
Exterior
Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt
Financial
Tax Year
2024
Taxes
$2,423
Map
Community
- Address1095-1097 E Merchant Street Kankakee IL
- CityKankakee
- CountyKankakee
- Zip Code60901
Market Summary
Current real estate data for Multi Family in Kankakee as of Jun 14, 2026
8
Multi Family Listed
60
Avg DOM
$196,975
Avg List Price
Property Summary
- 1095-1097 E Merchant Street Kankakee IL is a Multi Family for sale in Kankakee, IL, 60901. It is listed for $195,000
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Copyright 2026. All rights reserved.
1095-1097 E Merchant Street
Kankakee, IL


