MULTIFAMILY INVESTMENT PROPERTY OPPORTUNITY! Eight unit money making/income producing & fully rented property. Four two bedrooms units & four one bedroom units – all units are in move in ready condition. Rents range from $950-$1,350 per month. Seller has recently updated parking lot, boiler, water heaters, & replaced roof. Coin laundry room on site. Nothing left for you to do but collect rent – schedule your showing today!
Property Details
Price:
$469,900
MLS #:
MRD12774011
Status:
Active
Beds:
3
Baths:
4
Type:
Commercial
Neighborhood:
kankakee
Listed Date:
Oct 1, 2026
Year Built:
1968
See this Listing
Schools
Interior
Cooling
Wall Sleeve
Exterior
Construction Materials
Wood, Vinyl Siding
Roof
Fiberglass
Stories
2
Financial
Tax Year
2025
Taxes
$5,059
Map
Community
- Address1525 E Risser Street Kankakee IL
- CityKankakee
- CountyKankakee
- Zip Code60901
Market Summary
Current real estate data for Commercial in Kankakee as of Oct 06, 2026
7
Commercial Listed
193
Avg DOM
$846,943
Avg List Price
Property Summary
- 1525 E Risser Street Kankakee IL is a Commercial for sale in Kankakee, IL, 60901. It is listed for $469,900
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Copyright 2026. All rights reserved.
1525 E Risser Street
Kankakee, IL


