For Sale
$450,000

310 Merchant St Kankakee, IL 60901

Ten-unit income property, prime Kankakee location.

Property records and analytics

Overview

Added:
Feb 3
Days on market:
80
This exceptional investment opportunity presents three buildings comprising a total of ten rental units in the heart of Kankakee, Illinois. The property boasts eight one-bedroom, one-bathroom units, one two-bedroom, one-bathroom unit, and a single efficiency unit. All units are currently in good condition and command strong rental rates, ensuring a consistent income stream. The current rental license is up-to-date, simplifying the transition for a new owner. Strategically located near Kankakee's downtown area, the Farmers Market, and the city's financial district, this property benefits from high visibility and convenient access to essential amenities. Its prime location ensures consistent tenant demand and strong rental income potential. The property is offered as a whole, but individual building purchases may be possible

Property Details for 310 Merchant St

Property type
Commercial real estate
Year Built
1880

Location Insight

City
Kankakee
County
Kankakee
State
Illinois
Latitude
41.11942
Longitude
-87.86948

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FAQs

What type of property is this?
Commercial real estate - Ten-unit income property, prime Kankakee location.
Where is the commercial real estate located?
The property is located at 310 Merchant St Kankakee, IL.
What is the asking price?
The asking price for this property is $450,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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(815) 929-9381

Contacts

Jay Tamblyn

Learn more

Useful Information

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Merchant St
Kankakee, IL 60901

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Merchant St
Kankakee, IL 60901

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

310 Merchant St
  • Jay Tamblyn
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