KANKAKEE - 2 UNIT APARTMENT BUILDING - Excellent income producing property. 1 - 1 bedroom/1 bathroom unit and 1 - 2 bedroom/1 bathroom unit in good condition at great rental rates. Current rental license up to date. 2 neighboring properties also available for a total of 10 units all adjacent, see MLS #12183285, #12183734, and#12195146 for other property details. Near Downtown Kankakee, Farmers Market and Financial District of Kankakee. Great opportunity! Call Today!
Active
$95,000
322 W Merchant St, Kankakee, IL 60901
3beds
--sqft
Est.:
Multi Family
Built in 1885
-- sqft lot
$90,500 Zestimate®
$--/sqft
$-- HOA
What's special
Good condition
- 40 days
- on Zillow |
- 174 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: April 13, 2025 at 10:07pm
Listing courtesy of:
Jay Tamblyn 815-929-9381,
McColly Bennett Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12313873

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Off Site, Other
Lot
- Size: 2,012.5 Square Feet
- Dimensions: 40.25X50
Details
- Parcel number: 16093233502000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1885
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Kankakee
Financial & listing details
- Tax assessed value: $58,539
- Annual tax amount: $2,495
- Date on market: 3/17/2025
- Ownership: Fee Simple
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