Accepting Backups

265 Washington Avenue

Kankakee, IL 60901
$155,000
6beds
2baths
sqft
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About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built1910
Lot size
Annual tax$2,775.26
CountyKankakee
MLS #MRD12604531
Days on market8

Features

Heating
Natural Gas
Construction
Vinyl Siding
Sewer
Public Sewer
Listed by
Village Realty, Inc
Rory Hertzberg · 815-954-3937

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/6/2026, 5:03:13 PM. All data should be independently verified.

This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.

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