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271-5 N West Ave , Kankakee, IL 60901
$177,000
Est. Payment: $956.18/mo
6 Bed
2 Bath
Status: closed | Days on site: 8
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94015 - 940720,940622
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House Description

Perfect INVESTMENT opportunity! RARE side by side two unit offering 3 beds & 1 bath on each side, and every unit comes with its own separate private basement complete with washer and dryer and plenty of room for storage. There is no shared space between units! The expenses stay clean and predictable because tenants cover their own gas, electric, and water while the owner is responsible for sewer only. Each side runs on its own furnace and water heater, with a new central air added to unit 275 in 2025. Property has new roof (2026), and the damaged siding is already scheduled for replacement before closing. Unit 275 has been refreshed with new flooring, a new kitchen countertop, an updated bathroom, and fresh paint, and the stove and refrigerator stay. The opposite side is rented month to month at a rent well below market, which means the upside is sitting there waiting for the next owner to claim it. Rent roll available upon request. Minutes from Downtown Kankakee, restaurants, shops, and gas. Sold as-is. Live in one side and let the other help carry the payment, or run both and let them work for you!

Highlights

Listed by Dohana Aguilar , 708-964-5439 Coldwell Banker Realty , 815-933-9700. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Year Built

1900

County

Kankakee

Area

Kankakee

School District

111

Listing ID

12732557

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:2
Basement:Unfinished,Full
Water:Public

Exterior Features

Lot Dimensions:45x145
Garage Capacity:0
Roof:Asphalt
Sewer:Public Sewer
Principal Interest
$956
Taxes
$407

Home Price

$177,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$35,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$956.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $956.18 $406.74 $0.00 $1,362.92
Yearly $11,474.22 $4,880.84 $0.00 $16,355.06
Total $344,226.47 $146,425.20 $0.00 $490,651.67
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Kankakee, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-11-02T21:23:08.000Z

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