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265 S Washington Avenue Kankakee, IL 60901

$155,000
New / MLS# 12604531 / Multi Unit - Multiple / Kankakee
6 Beds
2 Baths

Opportunities like this don't come around often. This solid two-unit property in the heart of Kankakee is the definition of a true income-producing asset-already generating nearly $3,000 per month in rental income. Whether you're looking to expand your portfolio or secure a strong cash-flowing investment from day one, this property checks all the boxes. Both units are well-positioned to provide consistent returns, making it an ideal addition for both seasoned investors and those just getting started. The current ownership has maintained the property and is offering it strictly due to relocation, creating a rare chance to step into a performing asset without the typical startup headaches. This is the kind of deal investors wait for-stable, proven, and ready to go. Located in a convenient area with strong rental demand, this property offers the perfect blend of cash flow and long-term upside. Call today to schedule your private showing-48-hour notice required. Serious inquiries only. Buyers must be pre-approved or provide proof of funds prior to showing.

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Baird & Warner Nathan Skillicorn Agent Cell: 773.697.5555 Email

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yearly (est.)
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Estimated Payment

$ 620.90 per month $344.44 Principal & Interest $231.25 Property Tax $45.21 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Natural Gas
Lot Size: 40X111X45X110
Taxes: $2,775
Year Built: 1910

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 40X111X45X110
Parcel#: 16093233701600
Sewer: Public Sewer
Total Rooms: 12
Township: Kankakee
Water: Public

Schools

School District: District 111

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Village Realty, Inc

Listing Office Phone: 708-478-1212



Listing data and photos distributed by MLSGRID
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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