**Unleash Investment Potential with a 3 unit CASH FLOW property** This well maintained 3-unit property is primed for immediate returns. Boasting a fully remodeled 2-bedroom unit and individual utilities for each of the three units (separate central air, furnace, and water heater), this is a hassle-free investment opportunity. Enjoy peace of mind with a new roof installed in 2017 and AC units upgraded in 2014. The location is unmatched, directly adjacent to a free city lot with ample parking and nestled in a sought-after neighborhood near restaurants, shopping, and vibrant downtown events. Capitalize on the future with its proximity (15 minutes!) to the new Gotion electric vehicle battery facility in Manteno, projected to employ over 2,500 people! Too many upgrades to list - details available in the attached documents. **This is a must-see for serious investors seeking a performing property!**
Closed
$157,000
357 E Hickory St, Kankakee, IL 60901
4beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$141,600 Zestimate®
$--/sqft
$1,373 Estimated rent
Home value
$141,600
$112,000 - $171,000
$1,373/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 12, 2025 at 01:30am
Listing courtesy of:
Richard Harnik 708-257-1257,
First Midwest Realty LLC
Bought with:
Zaneta Sanders, ABR,CRB,SRES,SRS
Z Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12321500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Lot
- Size: 2,310 sqft
- Dimensions: 42X55
Details
- Parcel number: 16170510801800
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Kankakee
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2025 | Sold | $157,000-3.7% |
Source:  MRED as distributed by MLS GRID #12321500 Report a problem | ||
| 5/30/2025 | Contingent | $163,000 |
Source: MRED as distributed by MLS GRID #12321500 Report a problem | ||
| 4/29/2025 | Price change | $163,000-4.1% |
Source: MRED as distributed by MLS GRID #12321500 Report a problem | ||
| 3/28/2025 | Listed for sale | $169,900 |
Source: MRED as distributed by MLS GRID #12321500 Report a problem | ||
| 8/17/2024 | Listing removed | $169,900 |
Source: MRED as distributed by MLS GRID #12102471 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,049 +3.8% | $25,792 +12.3% |
| 2023 | $2,938 +7.5% | $22,977 +14.3% |
| 2022 | $2,733 +6% | $20,111 +10.5% |
Find assessor info on the county website
Neighborhood: 60901
Nearby schools
GreatSchools rating
- 3/10King Middle Grade SchoolGrades: 3-6Distance: 0.2 mi
- 2/10Kankakee Junior High SchoolGrades: 7-8Distance: 0.6 mi
- 2/10Kankakee High SchoolGrades: 9-12Distance: 2.2 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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