Skip main navigation
Closed
  • $156,000

    265 S Washington Ave, Kankakee, IL 60901

    6beds
    --sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $157,300 Zestimate®
    $--/sqft
    $1,136 Estimated rent

    Home value

    $157,300

    $120,000 - $208,000

    $1,136/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,136/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,136/mo

    Rent Zestimate®

    Refinance and save

    $1,170/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,170/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Rory Hertzberg 815-954-3937,

    Village Realty, Inc

    Bought with:

    Norman Gaskin

    Berkshire Hathaway HomeServices Speckman Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12604531MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Lot
    • Dimensions: 40X111X45X110
    Details
    • Parcel number: 16093233701600
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Kankakee

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/7/2026Sold$156,000+0.6%
    Source: MRED as distributed by MLS GRID #12604531 Report a problem
    4/6/2026Contingent$155,000
    Source: MRED as distributed by MLS GRID #12604531 Report a problem
    3/31/2026Listed for sale$155,000+123%
    Source: MRED as distributed by MLS GRID #12604531 Report a problem
    2/17/2025Listing removed$1,350
    Source: Zillow Rentals Report a problem
    1/29/2025Listed for rent$1,350+80%
    Source: Zillow Rentals Report a problem
    1/12/2022Sold$69,500+117.2%
    Source: Public Record Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    10/10/2019Listing removed$750
    Source: Owner Report a problem
    10/4/2019Listed for rent$750
    Source: Owner Report a problem
    6/12/2019Sold$32,000
    Source: MRED as distributed by MLS GRID #09722858 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,775 +3.8%$23,474 +12.3%
    2023$2,674 +7.5%$20,912 +14.2%
    2022$2,487 +5.9%$18,304 +10.5%
    2021$2,348 +7.8%$16,565 +11.2%
    2020$2,178 +4.9%$14,890 +7.5%
    2019$2,076 -7.3%$13,851 +8%
    2018$2,238 $12,825 +2.2%
    2017$2,238 +6.7%$12,543 +2%
    2016$2,098 +3.5%$12,297 -2%
    2015$2,026 $12,548
    2014$2,026 $12,548 -18.4%
    2013-- $15,378 -4.5%
    2012-- $16,105 -21.5%
    2011-- $20,504 -17.6%
    2009$2,844 +7.7%$24,892
    2008$2,641 $24,892 +55.6%
    2002-- $16,000 +3.3%
    2001-- $15,484
    2000-- $15,484

    Find assessor info on the county website

    Neighborhood: 60901

    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.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.