$350,000

1585 W Station Street, Kankakee, IL 60901

  • 7 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

Discover a solid four-unit investment opportunity, ideally located in a well-established neighborhood. Built in the 1970s, this multi-family property offers three spacious 2-bedroom, 1-bath units with an additional 1 bed 1 bath unit with strong market rents. This property presents an excellent opportunity for rental income with strong occupancy potential and a layout that appeals to a wide range of tenants. Investors will appreciate the long-term cash flow potential and the opportunity for value-add improvements. Don't miss your chance to own a well-located four-unit asset in a stable rental market. Schedule a tour today!

Listing Status:
Active
Data Last Updated:
March 15, 2026 at 1:18AM
Listing Office:
Horvath & Tremblay IL, LLC : 312-957-7189
Listing Agent:
Thomas Shanley : 312-957-7189
MLS ID:
12582153
  • Basement: Crawl Space
  • Heating: Natural Gas
  • Parking: Parking spaces: 8
  • Originating MLS: mred
  • School District: 61
  • County: Kankakee
  • Zoning: 16093130800500
  • Water: Private
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Thomas Shanley , Horvath & Tremblay IL, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John Kennedy Middle Grade School

1550 W Calista St, Kankakee, IL, 60901

Grades 3-6

0.41 miles away

A

Avis Huff Student Support Services Center

369 N 5th Ave, Kankakee, IL, 60901

Grades KG-12

0.86 miles away

A

Avis Huff Student Support Services Center

369 N 5th Ave, Kankakee, IL, 60901

Grades KG-12

0.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.