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Active Under ContractMLS #: 127273341 / 6Get an accurate number
Active Under ContractMLS #: 127273341 / 64 Beds
$139,900
1179 S Schuyler Avenue, Kankakee IL, 60901
Est. payment: $906/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Property type
Two to Four Units
Listed by Paul Kirkpatrick with Exclusive Realtors
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
This two unit corner lot property at 1179 South Schuyler offers a well maintained investment with updates completed within the last three years to both 2 bedroom, 1 bath units. The bottom unit is leased at 1,000 dollars per month on a year lease, while the top unit currently rents month to month at 800 dollars and will soon turn over, presenting an opportunity to reset terms and add water and sewer responsibility for the incoming tenant. The building features a flat roof just three and a half years old, along with durable vinyl siding and vinyl windows, electric heat upstairs, and forced air heat downstairs, all on separate electric meters. Each unit boasts its own private front porch, offering a shaded and peaceful spot to relax. A single car garage, accessible from both the front and alley, is not currently used by either tenant and offers additional rental income potential as storage space, and an adjacent extra lot is available to bundle with the sale for even more flexibility. Within walking distance to the local farmers market and close to the upcoming river project, this property combines strong cash flow with genuine long term upside, making it a solid addition to any investment portfolio.
Location
1179 S Schuyler Avenue, Kankakee IL, 60901
- Township
- Kankakee
- County
- Kankakee
- Area
- Kankakee
Interior
- Bedrooms
- 4
- Total rooms
- 8
- Basement
- Unfinished, Full
- Heating
- Natural Gas, Electric
Exterior and lot
- Construction
- Vinyl Siding
- Lot size
- Less Than .25 acres (90x50)
- Garage spaces
- 1
- Parking
- Detached, Garage
- Total parking
- 5
- Sewer
- Septic-Mechanical, Public Sewer
- Water
- Public
Schools
- Elementary district
- 111
- Middle district
- 111
Listing details
- MLS number
- 12727334
- Status
- Active Under Contract
- Property type
- Two to Four Units
- Town
- Kankakee
- ZIP
- 60901
- Updated
- Sep 11, 2026
Estimate your payment
Term, years
Your monthly payment will be
$906
Principal, interest, and estimated taxes.
Loan $111,920 Down $27,980
- Principal and interest
- $741
- Property taxes (2024, per the listing)
- $165
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 21, 2026, 8:49 PM CT. 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.
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