505 S Chicago Avenue, Kankakee, IL 60901

$191,000

  • Open House
  • New Listing
  • Price Reduced
  • Sold
  • Leased
-1 More Schedule
  • 6 BedroomBeds
  • 2 BathroomBaths
  • Sqft
  • 0Acres
  • Multi-FamilyType
  • ActiveStatus
  • 12558710MLS#
-1 More Schedule

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Property Description 505 S Chicago Avenue, Kankakee, IL, 60901

GREAT INVESTMENT OPPORTUNITY IN KANKAKEE FOR 2 UNIT! FULLY RENTED. Fully renovated in 2025, this two-unit property offers two ample sized 3-bedroom, 1-bath units designed with open-concept living which supports both relaxation and everyday comfort. The main-level unit features a comfortable living and open dining room, which flows into the kitchen making the area the preferred family entertainment spot! The upper-level unit offers a relaxed yet open-plan layout as well. The unrestricted kitchen opens directly to a light-filled comfortable living area. Both units include well-appointed bathrooms with neutral, cohesive finishes. 2025 renovations include new drywall, fresh interior paint, updated electrical and plumbing, refined modern lighting, and continuous laminate and waterproof vinyl plank flooring throughout. Updated generous sized kitchens and baths with large windows throughout enhance the open, airy feel of each unit. Additional improvements include a partially replaced roof, select new windows, new rear foundation section, a full unfinished basement for storage or utility use, and a detached one-car garage. Call for an appointment today! MONTH TO MONTH LEASE.



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Property Details 505 S Chicago Avenue, Kankakee, IL, 60901

  • On Market Date: 02/11/2026
  • Year Built: 1900
  • MLS#: 12558710
  • Type: Multi-Family
  • Status: Active
  • Price: $191,000
  • City: Kankakee
  • State: IL
  • Zip: 60901
  • County: Kankakee
  • Development: NO
  • Date Last Updated: 04/25/2026

Bedrooms

  • Beds: 6

Bathrooms

  • Total Bathrooms: 2
  • Basement: Yes
  • Garage/Parking Spaces: 1
  • Pool: NO
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Baseboard

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