946 S Schuyler Avenue, Kankakee, IL 60901

• 3 beds |
• 3 baths

Property Description

This exceptional investment property in desirable Kankakee, Illinois, strategically positioned just off Schuyler near the local farmers market and within walking distance to the river, presents a compelling opportunity for local investors. The well-maintained three-unit building features two spacious one-bedroom apartments, one on the main floor and one on the upper level, alongside an efficient studio unit with charming loft space, all currently occupied by reliable long-term tenants providing steady, consistent income at 550 dollars monthly for the efficiency unit, 600 dollars for the upper one-bedroom, and 900 dollars for the main floor one-bedroom, with tenants responsible for gas and electric while the landlord maintains water, sewer, and garbage services. The property boasts superior curb appeal with updated Dutch lap vinyl siding and a durable architectural roof, featuring wrapped windows and soffits ensuring the new owner will not have to paint the windows or soffits during the rental relicensing process upon sale, while the practical basement exterior access ensures convenient maintenance without disrupting tenant occupancy, and the property offers street parking with additional parking spaces in the back for tenants. Schedule your showing today. 24hr notice needed.

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 4:20PM

Listing Office:

Exclusive Realtors : 815-405-2964

Listing Agent:

Paul Kirkpatrick : 815-405-2964

MLS ID:

12649319

Interior

• Basement: UnfinishedExterior EntryFull
• Heating: Natural GasElectricForced Air

Exterior

• General: Balcony
• Style: Traditional
• Other Structures: None
• Parking: Off AlleyOff StreetYesOwnedParking spaces: 4

Construction

• Roofing: Asphalt
• Windows: Screens
• General: TraditionalBlockStone

Location

• HOA Amenities: ParkCurbsSidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 111
• County: Kankakee

Lot

• Zoning: MULTI16170531100400

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple