Welcome to this beautifully updated 2 bedroom, 1 bath home featuring a full basement and detached 1 car garage. This home has been fully renovated with thoughtful updates throughout. Enjoy peace of mind with a new garage roof, furnace, duct work, water heater, AC unit and windows, providing improved efficiency and great natural light. Inside you'll find new flooring throughout, along with a completely rehabbed kitchen and bathroom, offering modern finishes and fresh appeal. The full basement provides excellent storage space or potential for future living area. Move in ready and conveniently located next to the hospitals, restaurants and stores. If you're looking for a home that feels brand new, without the brand new price, this one is the perfect fit! Call today for a private showing.
Contingent
Price cut: $5.1K (11/24)
$134,900
1240 W Merchant St, Kankakee, IL 60901
2beds
1,000sqft
Est.:
Single Family Residence
Built in 1940
2,500 Square Feet Lot
$-- Zestimate®
$135/sqft
$-- HOA
What's special
Modern finishesFresh appealExcellent storage spaceRehabbed kitchenFull basementNew flooring
- 35 days |
- 547 |
- 40 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 03:34pm
Listing courtesy of:
Sarah Camargo, ABR 815-295-4394,
RE/MAX Prestige Homes
Source: MRED as distributed by MLS GRID,MLS#: 12511885
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Second
- Area: 99 Square Feet
- Dimensions: 11X9
Bedroom 2
- Level: Second
- Area: 204 Square Feet
- Dimensions: 17X12
Dining room
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8X8
Kitchen
- Level: Main
- Area: 54 Square Feet
- Dimensions: 6X9
Living room
- Level: Main
- Area: 187 Square Feet
- Dimensions: 17X11
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 0
- Total interior livable area: 1,000 sqft
Property
Parking
- Total spaces: 1
- Parking features: No Garage, Garage Owned, Detached, Garage
- Garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 2,500 Square Feet
- Dimensions: 50 X 50
- Features: Corner Lot
Details
- Parcel number: 16093140900600
- Zoning: SINGL
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1940
- Major remodel year: 2025
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Kankakee
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $91,929
- Annual tax amount: $3,622
- Date on market: 11/5/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Contingent | $134,900$135/sqft |
Source: | ||
| 11/24/2025 | Price change | $134,900-3.6%$135/sqft |
Source: | ||
| 11/5/2025 | Listed for sale | $140,000+154.5%$140/sqft |
Source: | ||
| 3/28/2025 | Sold | $55,000-8.2%$55/sqft |
Source: | ||
| 3/5/2025 | Contingent | $59,900$60/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,623 +3.8% | $30,643 +12.2% |
| 2023 | $3,491 +7.5% | $27,299 +14.3% |
| 2022 | $3,247 +6% | $23,894 +10.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$950/mo
Principal & interest
$668
Property taxes
$235
Home insurance
$47
Climate risks
Neighborhood: 60901
Nearby schools
GreatSchools rating
- 1/10John Kennedy Middle Grade SchoolGrades: 2-6Distance: 0.5 mi
- 2/10Kankakee Junior High SchoolGrades: 7-8Distance: 2.6 mi
- 2/10Kankakee High SchoolGrades: 9-12Distance: 1.1 mi
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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