MULTIFAMILY INVESTMENT PROPERTY OPPORTUNITY! Eight unit money making/income producing & fully rented property. Four two bedrooms units & four one bedroom units - all units are in move in ready condition. Rents range from $950-$1,350 per month. Seller has recently updated parking lot, boiler, water heaters, & replaced roof. Coin laundry room on site. Nothing left for you to do but collect rent - schedule your showing today!
KANKAKEE - MULTIFAMILY 8 UNIT FOR SALE. Four - 2 bedroom/1 Bathroom units and Four - 1 bedroom/1bathroom units, Building is in good condition, fully occupied and a great income producer! Call today!
LEASESTAR #3
Sep 25, 2023
Rental Removed
$825
Sep 24, 2023
Listed for Rent
$825
MRED as Distributed by MLS Grid #10605225
Apr 9, 2020
Sold (MLS) (Closed Sale)
$175,000
Jan 9, 2020
Pending
—
Jan 8, 2020
Listed (New)
$199,000
KANKAKEE -- 8 unit building fully leased. Three - 2 bdrm units and Five - 1 berm units, plus coin operated laundry and storage area. New roof 2011 and newer siding. Large lot for parking, Inside keyed mailboxes, all units come with stove, fridge and wall a/c units as well as own storage locker. Sold as Is. Financials available upon request.
MRED as Distributed by MLS Grid #10154132
Jan 2, 2019
Listing Removed
—
Public Records
May 28, 2013
Sold
$145,500
MRED as Distributed by MLS Grid #07836748
Feb 8, 2012
Listing Removed
—
Year
Property tax
Land + Additions
Assessment*
2025
$5,059 (−6.3%)
$3,365 + $42,319
$45,684
2024
$5,401 (−7.5%)
$3,365 + $42,319
$45,684
2023
$5,841 (−5.9%)
$3,365 + $42,319
$45,684
2022
$6,208 (−4.1%)
$3,365 + $42,319
$45,684
2021
$6,474 (−3.1%)
$3,365 + $42,319
$45,684
2020
$6,682 (−2.4%)
$3,365 + $42,319
$45,684
2019
$6,846 (−3.8%)
$3,365 + $42,319
$45,684
2018
$7,119 (−12.7%)
$3,365 + $42,319
$45,684
2017
$8,152 (+4.6%)
$3,365 + $42,319
$45,684
2016
$7,793
$3,365 + $42,319
$45,684
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
8,572 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Other
County
Kankakee County
APN
161704109007
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 2, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 104° expected this year, 16 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Kankakee, IL • 60901
Average low and high temperatures (°F)
30
15
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22
57
35
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44
72
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82
63
86
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81
62
80
55
70
46
51
36
37
22
Jan
Feb
Mar
Apr
May
Jun
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Aug
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 1525 E Risser St
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