592 N Dearborn Ave, Kankakee, IL, 60901
About This Home
Great Investment Opportunity in Kankakee! This well-positioned 2-flat duplex offers a fantastic opportunity for investors looking to expand their portfolio or owner-occupants seeking rental income potential. Featuring two separate units, this property provides flexibility and the opportunity to generate steady cash flow.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heating features: Baseboard
Property
Details
- Parcel number: 16093240100100
- Special condition: Standard
Lot
- Lot size: 3,500 sqft
- Lot size dimensions: 50x70
Parking
- Total spaces: 2
- Parking features: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $748 | $8,976 |
| Home Insurance * | $132 | $1,584 |
| Property Taxes | $251 | $3,012 |
| Electricity | $130 | $1,569 |
| Total | $1,261 | $15,132 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Listed for sale | $148,000 |
| 2025-08-27 | Listing removed | $127,000 |
| 2025-06-11 | Listed for sale | $127,000 |
| 2022-05-31 | Sold | $40,000 |
| 2022-05-13 | Pending sale | $59,500 |
| 2022-05-03 | Listed for sale | $59,500 |
| 2021-01-19 | Listing removed | -- |
| 2020-06-16 | Listed for sale | $65,000 |
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