265 S Washington Avenue, Kankakee, IL 60901
- Beds
- 6
- Baths
- 2
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Opportunities like this don't come around often. This solid two-unit property in the heart of Kankakee is the definition of a true income-producing asset-already generating nearly $3,000 per month in rental income. Whether you're looking to expand your portfolio or secure a strong cash-flowing investment from day one, this property checks all the boxes. Both units are well-positioned to provide consistent returns, making it an ideal addition for both seasoned investors and those just getting started. The current ownership has maintained the property and is offering it strictly due to relocation, creating a rare chance to step into a performing asset without the typical startup headaches. This is the kind of deal investors wait for-stable, proven, and ready to go. Located in a convenient area with strong rental demand, this property offers the perfect blend of cash flow and long-term upside. Call today to schedule your private showing-48-hour notice required. Serious inquiries only. Buyers must be pre-approved or provide proof of funds prior to showing.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 6
- Number of bathrooms
- 2
- Year built
- 1910
Interior features
- Basement
- Yes, Unfinished
Utilities
- Heating
- Natural gas
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $2,775.26
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12604531 Last checked: …

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.