589 W STATION Street, Kankakee, IL
  • $140,000

Description

Investor Alert! Turnkey 2-Flat with Strong ROI & Value-Add Upside Don’t miss this well-maintained, income-generating 2-unit property on a prime corner lot! Featuring modern upgrades, a brand-new 2024 roof, and spacious layouts, Unit 1 is move-in ready with a fully updated kitchen, new windows, and stylish flooring. Unit 2 offers immediate rental income or the chance to increase equity with light cosmetic updates. A full 930 sq ft basement with shared laundry and storage adds expansion potential. Exterior parking and separate tenant-paid utilities (electric/gas) make this a low-maintenance asset. Ideal for house hackers or seasoned investors seeking cash flow in a desirable location. Schedule your showing before it’s gone!

  • Listing Courtesy of: HomeSmart Connect LLC

Details

Updated on June 5, 2026 at 8:26 am
  • Property ID MRD12422792
  • Price $140,000
  • Bedrooms 6
  • Year Built 1910
  • Property Type Multi Family
  • Property Status Hold
  • Parking Total 2
  • Parcel Number 09323330100000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Temporarily No Showings
  • Days On Market 5
  • Cumulative Days On Market 285
  • Tax Annual Amount 2948.94
  • Heating Natural Gas
  • Parking Features Driveway,Yes
  • Directions Illinois 17 to 45 S Washington Ave to Station Street
  • Zoning OTHER
  • Address 589 W STATION Street
  • City Kankakee
  • State/county IL
  • Zip/Postal Code 60901
  • Country United States

Overview

Property ID: MRD12422792
  • Multi Family
  • Property Type
  • 6
  • Bedrooms
  • 1910
  • Year Built

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