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$939,120 -$860,880 (-47.83%) Price Reduced
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Property Description
!!**PART OF A PORTFOLIO. MUST BUY 13 UNIT 924 E WILLOW ST. KANKAKEE**** This fully renovated 12-unit apartment building offers a strong unit mix and modern finishes throughout. The property consists of eight (8) one-bedroom/one-bath units and four (4) two-bedroom/one-bath units. Renovations include contemporary kitchens and bathrooms, updated flooring, updated windows and roof.
Full Property Details
Full Property Details for 163 N Rosewood Ave
General
- Price: $939,120
- HOA FEE: $6,000
- Taxes: $12,040 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12554631
- Updated: 1/26/2026
- Added to Site: 10 day(s) ago
Location
- Area: Kankakee
- County: Kankakee
- Driving Directions: Head toward I-57 South (Interstate 57) from your current location - common access points are near the Dan Ryan Expressway or near McCormick Place depending on where you're starting. Merge onto I-57 South. Follow signs for I-57 South toward Memphis / Champaign / Kankakee and stay on this interstate. Continue on I-57 South Stay on I-57 South for the majority of the drive (about 50-55 miles). This is the most direct freeway route toward Kankakee. Approaching Kankakee Take the exit for IL-17 East / East Court Street (Exit 328) toward Downtown Kankakee. If you miss this exit, you can use the next one and loop back via local roads - but the IL-17 exit is the most direct into town. Follow local roads to 924 E Willow St From IL-17 East (East Court Street): Continue on IL-17 (East Court) toward downtown. Turn left onto Franklin Street (IL-114) or North St depending on routing. Head toward East Willow Street. Turn right onto 163 N Rosewood Ave. Kankakee
Heating & Cooling
- Heating Type: Gas
Utilities
- Trash: 1531
Structural Information
- Stories/Levels: 2
- Year Built: 1975
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: .17
Financial Considerations
- Maint. Fee: $6,000
- Insurance Fee: $7,500
- Operating Expenses: $54,833
- Other Fee: $6,000
- Assessment Year: 1975
- Tax Amount: $12,040
- Tax Year: 2024
- Tenant Pays: Electricity
- Pays Electric: 1854
- Pays Trash: 1531
Disclosures and Reports
- Property ID: 16093243000900
Listed by Horvath & Tremblay IL, LLC
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Schools
Schools serving 163 N Rosewood Ave
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
John Kennedy Middle Grade School 1550 West Calista Street, Kankakee, IL 60901 | 3-6 | 1.6 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 1.3 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 1.9 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 163 N Rosewood Ave
Date
Details
Price
Change
Source
1/26/2026
Price Reduced
$939,120
-47.83%
MLS
1/20/2026
Listed
$1,800,000
33.43%
MLS
12/16/2024
Sold
$1,349,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 163 N Rosewood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$222
4%
$1,851
12%
2023
$214
9%
$1,649
14%
2022
$196
6%
$1,443
10%
2021
$185
8%
$1,306
11%
2020
$172
5%
$1,174
8%
2019
$164
4%
$1,092
8%
2018
$158
-10%
$1,011
2%
2017
$176
7%
$989
2%
2016
$165
3%
$970
-2%
2015
$160
—
$990
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 163 N Rosewood Ave
163 N Rosewood Avenue, Kankakee, IL 60901 (MLS# 12554631) is a Commercial property. 163 N Rosewood Avenue is currently listed for $939,120 and was received on January 20, 2026. Want to learn more about 163 N Rosewood Avenue? Do you have questions about finding other Commercial real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

