Updated Multi-Unit Investment Property - 363 E Hickory St, Kankakee, IL Fantastic opportunity to own a partially rehabbed multi-unit property in the heart of Kankakee. This income-generating asset is ideal for investors looking for a property with solid updates and long-term potential. Recent improvements include: One furnace recently replaced - improving heating efficiency and reliability. Replaced one furnace. New water heater installed, reducing future maintenance costs in one unit All basement windows replaced in Unit 365 (except one) - enhancing energy efficiency and security One unit completely rehabbed - move-in ready with updated finishes and clean interior This property is tenant-ready, offering immediate rental income with major systems already addressed. Located near local amenities, schools, and transportation. Investor Highlights: * Multi-unit setup with one fully rehabbed unit * Mechanical updates: newer furnace and water heater in one unit * Window replacements completed for better insulation and curb appeal * Solid investment potential in an affordable, rental-friendly area A great value-add opportunity for investors seeking a property with completed upgrades and dependable income potential. Schedule your tour today!
Active
$250,000
363 E Hickory St, Kankakee, IL 60901
2beds
--sqft
Est.:
Multi Family
Built in 1915
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Replaced one furnace
- 7 days
- on Zillow |
- 115 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 10:07pm
Listing courtesy of:
Stephen Styck 815-351-4022,
Styken Real Estate and Property Management
Source: MRED as distributed by MLS GRID,MLS#: 12380220

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Electric
Features
- Basement: Full
Property
Lot
- Size: 3,445 Square Feet
- Dimensions: 53X65
Details
- Parcel number: 16170510801900
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Slate
Condition
- New construction: No
- Year built: 1915
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Kankakee
Financial & listing details
- Tax assessed value: $93,282
- Annual tax amount: $3,976
- Date on market: 6/12/2025
- Ownership: Fee Simple
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