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6 Beds
0 Baths

$191,000

505 S Chicago Avenue, Kankakee IL, 60901

Built in1900
Property typeMulti-family

Overview

Active

Listed Feb 11, 2026

Updated Aug 27

GREAT INVESTMENT OPPORTUNITY IN KANKAKEE FOR 2 UNIT! DOWNSTAIRS IS RENTED. Fully renovated in 2025, this two-unit property offers two ample sized 3-bedroom, 1-bath units designed with open-concept living which supports both relaxation and everyday comfort. The main-level unit features a comfortable living and open dining room, which flows into the kitchen making the area the preferred family entertainment spot! The upper-level unit offers a relaxed yet open-plan layout as well. The unrestricted kitchen opens directly to a light-filled comfortable living area. Both units include well-appointed bathrooms with neutral, cohesive finishes. 2025 renovations include new drywall, fresh interior paint, updated electrical and plumbing, refined modern lighting, and continuous laminate and waterproof vinyl plank flooring throughout. Updated generous sized kitchens and baths with large windows throughout enhance the open, airy feel of each unit. Additional improvements include a partially replaced roof, select new windows, new rear foundation section, a full unfinished basement for storage or utility use, and a detached one-car garage. Call for an appointment today! MONTH TO MONTH LEASE.

$1,271/mo

Est. mortgage payment based on a $191,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12558710
Available since
February 11, 2026

Interior Features

Bedrooms
6
Bathrooms
0
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,088
Tax Frequency
Annually
Garage
Yes

 

Courtesy of Brenda Ervin

Based on information from DASH - Coldwell Banker (CB) as of 8/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 10:13 PM UTC, 8/27/2026

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