Calling all investors or anyone wanting to add to their real estate portfolio!!! Rental income is at an all time high!! Get your hands on these 3 properties! we have 2 - 4 unit properties and 1- 2 unit property. All units are currently rented. These are not section 8. Month to Month only. No leases. All appliances stay except for 2 units. Current rental license up to date. For Bundle deal other MLS # 11399823,11399854.
Sold for $187,000
$187,000
338 W Merchant St, Kankakee, IL 60901
4beds
4baths
--sqft
MultiFamily
Built in 1885
-- sqft lot
$152,100 Zestimate®
$--/sqft
$912 Estimated rent
Home value
$152,100
$123,000 - $179,000
$912/mo
Zestimate® history
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$912/mo
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Rent Zestimate®
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$1,432/mo
Est. payment
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Est. payment
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Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2025 | Sold | $187,000+94.8% |
Source: Public Record Report a problem | ||
| 6/27/2022 | Sold | $96,000+1.1% |
Source: REMAX #11399896 Report a problem | ||
| 5/18/2022 | Pending sale | $95,000 |
Source:  RE/MAX International #11399896 Report a problem | ||
| 5/11/2022 | Listed for sale | $95,000 |
Source: RE/MAX International #11399896 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,611 +3.8% | $30,540 +12.3% |
| 2023 | $3,479 +7.5% | $27,207 +14.2% |
| 2022 | $3,236 +6% | $23,814 +10.5% |
| 2021 | $3,054 +7.8% | $21,551 +11.3% |
| 2020 | $2,833 +4.9% | $19,371 +7.5% |
| 2019 | $2,700 -7.3% | $18,020 +8% |
| 2018 | $2,912 | $16,685 +2.2% |
| 2017 | $2,912 +6.7% | $16,318 +2% |
| 2016 | $2,729 +3.5% | $15,998 -2% |
| 2015 | $2,636 | $16,325 |
| 2014 | $2,636 | $16,325 -19.4% |
| 2013 | -- | $20,246 -4.5% |
| 2012 | -- | $21,204 -22.5% |
| 2011 | -- | $27,370 -13.8% |
| 2009 | $3,628 +7.7% | $31,756 |
| 2008 | $3,369 | $31,756 +35% |
| 2002 | -- | $23,519 +3.6% |
| 2001 | -- | $22,704 |
| 2000 | -- | $22,704 |
Find assessor info on the county website
Neighborhood: 60901
Nearby schools
GreatSchools rating
- 3/10John Kennedy Middle Grade SchoolGrades: 2-6Distance: 0.9 mi
- 4/10Kankakee Junior High SchoolGrades: 7-8Distance: 1.9 mi
- 4/10Kankakee High SchoolGrades: 9-12Distance: 1.3 mi
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- Illinois
- Kankakee County
- Kankakee
- 60901
- 338 W Merchant St