946 S Schuyler Avenue, Kankakee, IL 60901
- $147,400
- $149,900
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 Courtesy of: Exclusive Realtors
Details
Updated on June 28, 2026 at 7:37 pm-
Property ID MRD12649319
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Price $147,400
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Land Area 0.17 Acres
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Bedrooms 3
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Year Built 1905
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Property Type Multi Family
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Property Status Active
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Parking Total 4
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Parcel Number 16170531100400
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Water Source Public
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Sewer Public Sewer
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Architectural Style Traditional
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MLS Status Active
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Days On Market 41
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Living Area 0.17
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Cumulative Days On Market 39
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Tax Annual Amount 3025
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Heating Natural Gas,Electric,Forced Air
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Parking Features Off Alley,Off Street,Yes,Owned
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Directions Court St to Schuyler Ave; South on Schuyler to property. Located 2 1/2 blocks south of the Kankakee River/Schuyler bridge.
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Exterior Features Balcony
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Zoning MULTI
Address
Open on Google Maps- Address 946 S Schuyler Avenue
- City Kankakee
- State/county IL
- Zip/Postal Code 60901
- Country United States
Overview
- Multi Family
- 3
- 1905
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