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$140,000
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Property Description
KANKAKEE - 4 UNIT APARTMENT BUILDING - Excellent income producing property. 4 - 1 bedroom/1 bathroom units in good condition at good rental rates. Current rental license up to date. 2 neighboring properties also available for a total of 10 units all adjacent, see MLS #12195146,#12183248, and #12183734 for other property details. Near Downtown Kankakee, Farmers Market and Financial District of Kankakee. Great opportunity! Call Today!
Full Property Details
Full Property Details for 310 W Merchant St
General
- Sold For: $140,000
- Taxes: $3,663 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12294041
- Added to Site: 330 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Commuter Bus
Parking
- Total Spaces: 4
- Parking Features: Off Site, Other
Location
- Area: Kankakee
- County: Kankakee
- Driving Directions: Court St to 3rd Ave, South to Merchant. Property on corner
School Information
- School District: 111
- Midd School District: 111
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Unfinished, Full
- Roof: Asphalt
- Year Built: 1880
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 62.75
- Lot Features: Corner Lot
- Zoning: SINGL
Financial Considerations
- Assessment Year: 1880
- Tax Amount: $3,663.16
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16093233502100
Listed and Sold by McColly Bennett Real Estate
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Schools
Schools serving 310 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 | 0.9 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 1.9 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 1.3 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 310 W Merchant St
Date
Details
Price
Change
Source
8/15/2025
Sold
$140,000
-9.68%
MLS
5/28/2025
Price Reduced
$155,000
-8.28%
MLS
3/17/2025
Price Reduced
$169,000
-5.59%
MLS
2/19/2025
Listed
$179,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
310 W Merchant Street, Kankakee, IL 60901 (MLS# 12294041) is a Multi-Family property that was sold at $140,000 on August 15, 2025. Want to learn more about 310 W Merchant Street? Do you have questions about finding other Multi-Family real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

