1525 E Risser Street
Kankakee, IL, 60901
$469,900
3 Beds
4 Baths
0 SqFt
0 Acres
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MLS #MRD12774011 image #0
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
KankakeeKankakee

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Schools

Interior

Cooling
Wall Sleeve

Exterior

Construction Materials
Wood, Vinyl Siding
Roof
Fiberglass
Stories
2

Financial

Net Operating Income
$62,500
Tax Year
2025
Taxes
$5,059

Map

Community

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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1525 E Risser Street
Kankakee, IL