271-5 N West Avenue

Kankakee, IL 60901

About this property

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!

About this property

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!

Features and Additional Information

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$177,000 Active Under Contract
0 sqft

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Coldwell Banker Realty
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Area Information

Kankakee | Kankakee County |

$ 177,000
This listing is play_arrow 10.8% lower than the average in the area
$ 198,500 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
18 days on site
This listing is play_arrow 41.0% below the average in the area
31 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Dohana Aguilar
Brokerage: Coldwell Banker Realty

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