INVESTMENT OPPORTUNITY! Great opportunity to add a 4-unit multifamily property to your real estate portfolio. Located at 2830 Cranbrook St in Kankakee, this property features four spacious units, each offering 2 bedrooms, 1 full bathroom, a living room, kitchen, and dedicated utility room. With a consistent 2-bedroom layout throughout all four units, this property offers excellent income-producing potential for an investor looking to expand their portfolio. Whether you're an experienced investor or looking to get started in multifamily real estate, this property provides multiple streams of rental income under one roof. Don't miss the opportunity to own a 4-unit property with a functional and desirable unit mix. Schedule your private showing today and explore the possibilities! KANKAKEE - 4 UNIT - ALL 2 BEDROOM/1 BATHROOM UNITS. All brick building, in "Good" condition. Great income producing property on the far East side of Kankakee near I-57 and main thoroughfares! New Roof (2026) Great investment.
Contingent
$324,900
2830 Cranbrook St, Kankakee, IL 60901
8beds
--sqft
Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
All brick buildingFour spacious unitsDedicated utility room
- --
- 242
- views
- 13
- saves
Zillow last checked:
Listing updated:
Listed by:
Noe Fragoso 708-417-4983,
PAK Home Realty
Source: MRED as distributed by MLS GRID,MLS#: 12766998
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Crawl Space
Property
Parking
- Total spaces: 8
- Parking features: Off Street, Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio
Lot
- Size: 10,800 Square Feet
- Dimensions: 90 X 120
Details
- Additional structures: Shed(s)
- Parcel number: 121703109018
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Kankakee
Financial & listing details
- Tax assessed value: $133,656
- Annual tax amount: $5,171
- Date on market: 9/23/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2024 | Sold | $240,000 |
Source:  MRED as distributed by MLS GRID #12173196 Report a problem | ||
| 10/23/2024 | Contingent | $240,000 |
Source: MRED as distributed by MLS GRID #12173196 Report a problem | ||
| 10/4/2024 | Listed for sale | $240,000+200% |
Source: MRED as distributed by MLS GRID #12173196 Report a problem | ||
| 7/25/2018 | Sold | $80,000+11.1% |
Source: Public Record Report a problem | ||
| 5/6/2015 | Sold | $72,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,249 +0.9% | $44,552 +9% |
| 2023 | $5,200 +5.7% | $40,874 +12.3% |
| 2022 | $4,918 +4.8% | $36,413 +9.2% |
| 2021 | $4,694 -7.6% | $33,330 -4.7% |
| 2020 | $5,078 -0.6% | $34,969 +1.8% |
| 2019 | $5,107 -11.8% | $34,367 +5% |
| 2018 | $5,790 | $32,731 |
| 2017 | $5,790 +7.2% | $32,731 +2.5% |
| 2016 | $5,402 +3.5% | $31,932 -2% |
| 2015 | $5,221 | $32,583 -1.5% |
| 2014 | $5,221 | $33,079 -2.8% |
| 2013 | -- | $34,015 -9.7% |
| 2012 | -- | $37,652 -9.4% |
| 2011 | -- | $41,537 -5% |
| 2009 | $4,967 +9.7% | $43,723 +1.9% |
| 2008 | $4,529 | $42,921 +31.4% |
| 2002 | -- | $32,653 +2.8% |
| 2001 | -- | $31,767 +2% |
| 2000 | -- | $31,144 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 60901
Nearby schools
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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