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$ 250,000
Est. payment | /mo
2 Beds
2 Baths
$ 250,000
Est. payment | /mo
2 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12380220
Bedrooms 2
Year Built 1915
Annual Tax Amount $3,976
Tax Year 2023
Lot Dimensions 53X65
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Kankakee
Area Kankakee
Rooms
Basement Other, Full
Interior
Heating Natural Gas, Electric
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Slate, No
Sewer Public Sewer
Water Public
Structure Type Slate
New Construction false
Schools
School District 111 , 111, 111
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Stephen Styck • Styken Real Estate and Property Management
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