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Price cut: $10,000
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Two to Four Units · Kankakee, IL
$185,000$195,000
5 beds · 2 baths
1095-1097 E Merchant Street, Kankakee, IL, 60901
A brick-and-mortar place to make your own — room to make it home.
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What’s special

2-car garage
Fantastic Investment Opportunity in Kankakee! This remodeled 2-unit building is ideal for investors or those seeking a multi-family living option. The property includes a spacious 3-bedroom, 1-bathroom unit and a well-designed 2-bedroom, 1-bathroom unit, both featuring modern finishes and thoughtful upgrades. Each unit is equipped with its own laundry facilities, providing added convenience for residents. Both apartments offer comfortable living spaces with access to front and back porches, making them highly desirable for tenants. A sidewalk leads to a detached 2-car garage, offering plenty of parking and storage options. Conveniently located near local amenities, this property has the potential to generate strong cash flow through rental income. Don't miss the chance to own a versatile property with incredible investment potential-schedule your showing today!
— the listing agent’s description

The home

5 beds
2 baths
Built in 1890
Lot 58X141
2-car garage
Two to Four Units

What it’ll cost

$2,423 taxes / yr
No HOA
Listed $195,000
Now $185,000
86 days on dwello

Estimated monthly payment

$1,240/mo
Principal & interest$984
Property taxes$202
Homeowners insurance$54
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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86 days on dwello
Price history
Price reduced
Jul 28, 2026
↓ $10,000$185,000
Listed for sale
May 4, 2026
$195,000
Now $10,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$2,423/yr
From county records — verify with the assessor.

Features

Natural GasVinyl SidingPublic SewerYesGarage Owned
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Leda Quiaro · Keller Williams Infinity
Listing last updated Jul 28, 2026 · data refreshed from the MLS Jul 28, 2026, 5:09 AM CT
Based on information submitted to the MLS GRID as of Jul 28, 2026, 5:09 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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