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$127,500
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Property Description
Welcome to this beautifully updated 2 bedroom, 1 bath home featuring a full basement and detached 1 car garage. This home has been fully renovated with thoughtful updates throughout. Enjoy peace of mind with a new garage roof, furnace, duct work, water heater, AC unit and windows, providing improved efficiency and great natural light. Inside you'll find new flooring throughout, along with a completely rehabbed kitchen and bathroom, offering modern finishes and fresh appeal. The full basement provides excellent storage space or potential for future living area. Move in ready and conveniently located next to the hospitals, restaurants and stores. If you're looking for a home that feels brand new, without the brand new price, this one is the perfect fit! Call today for a private showing.
Full Property Details
Full Property Details for 1240 W Merchant St
General
- Sold For: $127,500
- Taxes: $3,622 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12511885
- Added to Site: 71 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: No Garage, Yes, Garage Owned, Detached, Garage
Location
- Area: Kankakee
- County: Kankakee
- Driving Directions: W. Court St. to S. Wall St, South to Merchant St, West to house on right
School Information
- School District: 111
- Midd School District: 111
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Unfinished, Full
- Square Feet: 1,000
- Sq. Ft. Source: Estimated
- Year Built: 1940
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 50
- Lot Features: Corner Lot
- Zoning: SINGL
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1940
- Tax Amount: $3,622.84
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16093140900600
Listed by RE/MAX Prestige Homes
Sold by Berkshire Hathaway HomeServices Speckman Realty
Get Pre-Approved Today
Schools
Schools serving 1240 W Merchant St
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
John Kennedy Middle Grade School 1550 West Calista Street, Kankakee, IL 60901 | 3-6 | 0.5 mi |
Taft Primary School 1155 West Hawkins Street, Kankakee, IL 60901 | K-3 | 0.6 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 2.6 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1240 W Merchant St
Date
Details
Price
Change
Source
1/09/2026
Sold
$127,500
-5.49%
MLS
11/24/2025
Price Reduced
$134,900
-3.64%
MLS
11/05/2025
Listed
$140,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1240 W Merchant Street, Kankakee, IL 60901 (MLS# 12511885) is a Single Family property that was sold at $127,500 on January 09, 2026. Want to learn more about 1240 W Merchant Street? Do you have questions about finding other Single Family real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

