363-365 E Hickory Street, Kankakee, IL 60901
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
363-365 E Hickory Street,Kankakee, IL 60901
$250,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:stephen styck
Office:styken real estate and property management
MLS#:12380220
Source:MLSNI
Price summary
- Price:$250,000
About this home
Investor-Friendly 4-Unit Opportunity in the Heart of Kankakee. 363-356 E Hickory St Kankakee, IL is a turn key, low maintenance and fully occupied! Positioned just blocks from the future Kankakee Riverwalk development, this well-maintained 4-unit property offers a strong blend of current cash flow and long-term upside in a promising up-and-coming neighborhoods. The area continues to attract renewed interest from both public and private investment making this a timely acquisition for any investor focused on growth and equity potential. The Kankakee river walk being developed just blocks away with future development following. This property is low-maintenance and partially rehabbed, with multiple capital improvements already completed, lower units have full basement, one side finished, the other side unfinished, great for storage or laundry. Bedroom in each of the units are spacious, larger bathrooms, kitchens and living rooms. Several major systems have been recently updated, and several units rehabbed within the last year. Fully occupied, allowing for immediate income generation. With most of the heavy lifting already done, the asset presents a dependable, tenant-ready structure in a rental-friendly market. Situated near schools, public transportation, and other city amenities, 363-365 E Hickory is an attractive option for tenants seeking both convenience and affordability. Its location presents a unique opportunity for buyers looking to scale their portfolio within a concentrated, high-demand rental corridor. Whether you're looking for a strong-performing asset today or a strategic hold in an appreciating location, this is a smart addition to any portfolio.
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Home facts
- Year built:1915
- Listing Id #:12380220
- Added:35 day(s) ago
- Updated:August 13, 2025 at 07:45 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Heating:Electric, Natural Gas
Structure and exterior
- Year built:1915
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Tax amount:$3,976 (2023)
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 363-365 E Hickory Street
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