Fully Renovated Multi-Unit Property - Turnkey & Income-Producing! Welcome to 1184 E Merchant, where all units have been extensively updated and are move-in ready. Upgrades include a new roof, new siding, updated insulation, and mostly new electrical and plumbing systems. Enjoy brand new porches, exterior doors, luxury brand LVP flooring, plush carpet, fresh interior paint, and all-new light and plumbing fixtures. Bathrooms feature tile tub surrounds and new vanities, while kitchens have updated cabinets and new countertops. Each unit includes a serviced forced-air furnace, with one unit featuring electric baseboard heat. A partial sewer main replacement and added cleanout provide peace of mind for future maintenance. Most appliances have been updated as well. Ideally located just 1/8 mile from interstate access and close to schools, parks, grocery stores, gas stations, and public transportation. A great opportunity to own a fully updated, cash-flowing property in a convenient location!
Closed
$265,000
1184 E Merchant St, Kankakee, IL 60901
8beds
--sqft
Multi Family
Built in 1960
-- sqft lot
$265,300 Zestimate®
$--/sqft
$1,120 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 10:41am
Listing courtesy of:
Stephen Styck 815-351-4022,
Styken Real Estate and Property Management
Bought with:
Matoya Tolliver-Brown, PSA,RENE,SFR
Pay It Forward Realty LLC
Source: MRED as distributed by MLS GRID,MLS#: 12379726

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Features
- Basement: Crawl Space
Property
Lot
- Size: 7,500 sqft
- Dimensions: 50X150
Details
- Parcel number: 16170520801200
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- New construction: No
- Year built: 1960
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Kankakee
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple