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505 S Chicago Ave, Kankakee, IL, 60901

6beds
2baths
--sqft
$191,000
--price/sqft
$1,589/moest. monthly cost
$63,560/yrincome needed

About This Home

GREAT INVESTMENT OPPORTUNITY IN KANKAKEE FOR 2 UNIT! FULLY RENTED. Fully renovated in 2025, this two-unit property offers two ample sized 3-bedroom, 1-bath units designed with open-concept living which supports both relaxation and everyday comfort. The main-level unit features a comfortable living and open dining room, which flows into the kitchen making the area the preferred family entertainment spot! The upper-level unit offers a relaxed yet open-plan layout as well. The unrestricted kitchen opens directly to a light-filled comfortable living area. Both units include well-appointed bathrooms with neutral, cohesive finishes. 2025 renovations include new drywall, fresh interior paint, updated electrical and plumbing, refined modern lighting, and continuous laminate and waterproof vinyl plank flooring throughout. Updated generous sized kitchens and baths with large windows throughout enhance the open, airy feel of each unit. Additional improvements include a partially replaced roof, select new windows, new rear foundation section, a full unfinished basement for storage or utility use, and a detached one-car garage. Call for an appointment today! MONTH TO MONTH LEASE.

Getting Around

81
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

2/10
Steuben Elementary SchoolGrades PK-30.3 mi
4/10
4/10
Kankakee High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Baseboard

Property

Details

  • Parcel number: 16170512301200
  • Zoning: MULTI
  • Special condition: None

Lot

  • Lot size: 4,250 sqft
  • Features: Corner Lot
  • Lot size dimensions: 50 X 85

Parking

  • Total spaces: 5
  • Parking features: Yes,Garage Owned,Detached,Off Street,Driveway,Owned,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes