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  • $195,000

    1095-1097 E Merchant St, Kankakee, IL 60901

    5beds
    --sqft
    : 
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    Multi Family
    Built in 1890
    -- sqft lot
    $189,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern finishesThoughtful upgradesComfortable living spaces
    Fantastic Investment Opportunity in Kankakee! This remodeled 2-unit building is ideal for investors or those seeking a multi-family living option. The property includes a spacious 3-bedroom, 1-bathroom unit and a well-designed 2-bedroom, 1-bathroom unit, both featuring modern finishes and thoughtful upgrades. Each unit is equipped with its own laundry facilities, providing added convenience for residents. Both apartments offer comfortable living spaces with access to front and back porches, making them highly desirable for tenants. A sidewalk leads to a detached 2-car garage, offering plenty of parking and storage options. Conveniently located near local amenities, this property has the potential to generate strong cash flow through rental income. Don't miss the chance to own a versatile property with incredible investment potential-schedule your showing today!
    66 days
    |
    274
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Leda Quiaro, CNC,SRS (630)638-4272,

    Keller Williams Infinity

    Source: MRED as distributed by MLS GRID,MLS#: 12624227MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas
      Features
      • Basement: Unfinished,Full

      Property

      Parking
      • Total spaces: 2
      • Parking features: Yes, Garage Owned, Detached, Garage
      • Garage spaces: 2
      Lot
      • Size: 8,178 Square Feet
      • Dimensions: 58X141
      Details
      • Parcel number: 16170520201900
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Sidewalks, Street Lights, Street Paved
      Location
      • Region: Kankakee

      Financial & listing details

      • Annual tax amount: $2,423
      • Date on market: 5/4/2026
      • Ownership: Fee Simple

        Estimated market value

        $189,700

        $180,000 - $199,000

        $1,452/mo

        Price history

        DateEventPrice
        5/4/2026Listed for sale$195,000
        Source: MRED as distributed by MLS GRID #12624227 Report a problem
        10/2/2025Listing removed$195,000
        Source: MRED as distributed by MLS GRID #12460133 Report a problem
        9/3/2025Listed for sale$195,000-15.2%
        Source: MRED as distributed by MLS GRID #12460133 Report a problem
        4/11/2025Listing removed$230,000
        Source: MRED as distributed by MLS GRID #12215502 Report a problem
        11/25/2024Listed for sale$230,000+360%
        Source: MRED as distributed by MLS GRID #12215502 Report a problem
        3/8/2024Sold$50,000-23.1%
        Source: MRED as distributed by MLS GRID #11766396 Report a problem
        2/23/2024Contingent$65,000
        Source: MRED as distributed by MLS GRID #11766396 Report a problem
        2/3/2024Listed for sale$65,000
        Source: MRED as distributed by MLS GRID #11766396 Report a problem
        1/3/2024Pending sale$65,000
        Source: MRED as distributed by MLS GRID #11766396 Report a problem
        10/17/2023Price change$65,000-7.1%
        Source: MRED as distributed by MLS GRID #11766396 Report a problem
        7/24/2023Price change$70,000-11.4%
        Source: MRED as distributed by MLS GRID #11766396 Report a problem
        4/24/2023Listed for sale$79,000
        Source: MRED as distributed by MLS GRID #11766396 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 60901

        Getting around

        67 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 111

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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