Rife Realty · Nick Rife, Managing Broker · (815) 258-1471 · Nick@RifeRealty.com · riferealty.com
Active Under ContractMLS #: 127325571 / 166 Beds
$177,000
Est. payment: $1,344/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Built in
1900
Property type
Two to Four Units
Listed by Dohana Aguilar with Coldwell Banker Realty
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
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!
271-5 N West Avenue, Kankakee IL, 60901
Your monthly payment will be
$1,344
Principal, interest, and estimated taxes.
Ballpark estimated payments for planning. Not a quote or a preapproval.
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.


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$180,000
4 bd
360 S Washington Avenue, Kankakee IL, 60901
