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  • $265,000

    1184 E Merchant St, Kankakee, IL 60901

    8beds
    --sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $246,600 Zestimate®
    $--/sqft
    $1,526 Estimated rent

    Home value

    $246,600

    $234,000 - $259,000

    $1,526/mo

    Zestimate® history
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    What's special

    Fully Renovated Multi-Unit Property - Turnkey & Income-Producing! Welcome to 1184 E Merchant, where all units have been extensively updated and are move-in ready. Upgrades include a new roof, new siding, updated insulation, and mostly new electrical and plumbing systems. Enjoy brand new porches, exterior doors, luxury brand LVP flooring, plush carpet, fresh interior paint, and all-new light and plumbing fixtures. Bathrooms feature tile tub surrounds and new vanities, while kitchens have updated cabinets and new countertops. Each unit includes a serviced forced-air furnace, with one unit featuring electric baseboard heat. A partial sewer main replacement and added cleanout provide peace of mind for future maintenance. Most appliances have been updated as well. Ideally located just 1/8 mile from interstate access and close to schools, parks, grocery stores, gas stations, and public transportation. A great opportunity to own a fully updated, cash-flowing property in a convenient location!

    Zillow last checked: 8 hours ago

    Listing updated: August 01, 2025 at 10:41am

    Listing courtesy of:

    Stephen Styck 815-351-4022,

    Styken Real Estate and Property Management

    Bought with:

    Matoya Tolliver-Brown, PSA,RENE,SFR

    Pay It Forward Realty LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12379726MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric
    Features
    • Basement: Crawl Space

    Property

    Lot
    • Size: 7,500 sqft
    • Dimensions: 50X150
    Details
    • Parcel number: 16170520801200
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    Condition
    • New construction: No
    • Year built: 1960
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Kankakee

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/29/2025Sold$265,000+6%
    Source: MRED as distributed by MLS GRID #12379726
    6/18/2025Contingent$250,000
    Source: MRED as distributed by MLS GRID #12379726
    6/11/2025Listed for sale$250,000+495.2%
    Source: MRED as distributed by MLS GRID #12379726
    5/29/2025Listing removed$1,000
    Source: Zillow Rentals
    5/16/2025Listed for rent$1,000
    Source: Zillow Rentals

    Public tax history

    YearProperty taxesTax assessment
    2024$5,675 +3.8%$48,004 +12.3%
    2023$5,468 +26.5%$42,765 +34.4%
    2022$4,323 -9.9%$31,816 -6.1%

    Find assessor info on the county website

    Neighborhood: 60901

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 111

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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