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$160,000
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Property Description
Investor Alert! Discover an exceptional opportunity with this legally nonconforming property license with the city of Kankakee featuring two separate homes on one lot, offering maximum versatility and strong income potential. Whether you're looking to offset your housing costs by living in one of the houses and renting the other, or to rent both homes out for steady cash flow, this property delivers. The front home offers a spacious 2-bedroom, 1-bath layout with an open-concept living and dining area, an updated kitchen with a walk-in pantry, a full basement, and a roof with plenty of life left in it. All utilities are separately metered. The rear home was fully remodeled just two years ago and includes 2 bedrooms, 1 bathroom, brand-new flooring, electric baseboard heating, and an added laundry room for increased tenant appeal. The front unit is easily rented for $1,100, while the back unit has brought in $975 monthly. The rear unit is currently vacant to allow for easy showings. Don't miss this rare dual-unit investment in a desirable area-schedule your private tour today!
Full Property Details
Full Property Details for 368 Wall St
General
- Sold For: $160,000
- Taxes: $4,429 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12433905
- Added to Site: 163 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 4
- Parking Features: On Site
- Parking On-Site: Yes
Location
- Area: Kankakee
- County: Kankakee
- Driving Directions: East on Court St, Right on Wall St house on the Left
School Information
- School District: 111
- Midd School District: 111
Heating & Cooling
- Heating Type: Natural Gas, Electric
Utilities
- Water: Public
Structural Information
- Construction: Aluminum Siding, Vinyl Siding
- Exterior Const.: Aluminum Siding, Vinyl Siding
- Basement Desc.: Unfinished, Full
- Year Built: 1960
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 100
Financial Considerations
- Assessment Year: 1960
- Tax Amount: $4,429.86
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16170620101000
Listed by Exclusive Realtors
Sold by Village Realty, Inc
Get Pre-Approved Today
Schools
Schools serving 368 Wall 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 | 2.4 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 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 368 Wall St
Date
Details
Price
Change
Source
9/19/2025
Sold
$160,000
-5.83%
MLS
8/05/2025
Listed
$169,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
368 Wall Street, Kankakee, IL 60901 (MLS# 12433905) is a Multi-Family property that was sold at $160,000 on September 19, 2025. Want to learn more about 368 Wall 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.

