265 S Washington Ave

Kankakee, IL 60901
  • $155,000

    Price
  • 6

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing 94292 - 940465,940622

Opportunities like this don't come around often. This solid two-unit property in the heart of Kankakee is the definition of a true income-producing asset-already generating nearly $3,000 per month in rental income. Whether you're looking to expand your portfolio or secure a strong cash-flowing investment from day one, this property checks all the boxes. Both units are well-positioned to provide consistent returns, making it an ideal addition for both seasoned investors and those just getting started. The current ownership has maintained the property and is offering it strictly due to relocation, creating a rare chance to step into a performing asset without the typical startup headaches. This is the kind of deal investors wait for-stable, proven, and ready to go. Located in a convenient area with strong rental demand, this property offers the perfect blend of cash flow and long-term upside. Call today to schedule your private showing-48-hour notice required. Serious inquiries only. Buyers must be pre-approved or provide proof of funds prior to showing.

Listing Highlights

Status Pending
Days on Site 16
Property Type Multi-Family
MLS ® 12604531
Year Built 1910
Total Square Footage 0
Lot/Acreage 40X111X45X110
County Kankakee
School District 111

Interior Details

  • Bedrooms: 6
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 40X111X45X110
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $2,775
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16093233701600
  • Tax Year: 2024

Payment Calculator

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Questions About..

265 S Washington Ave Kankakee, IL 60901

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Originating MLS: mred

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