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$148,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 7 hours ago

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Great Investment Opportunity in Kankakee! This well-positioned 2-flat duplex offers a fantastic opportunity for investors looking to expand their portfolio or owner-occupants seeking rental income potential. Featuring two separate units, this property provides flexibility and the opportunity to generate steady cash flow.

Full Property Details for 592 N Dearborn Ave

General

  • Price: $148,000
  • Taxes: $1,414 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12703746
  • Updated: 7/13/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 4

Parking

  • Total Spaces: 2

Location

  • Area: Kankakee
  • County: Kankakee
  • Township: Kankakee
  • Driving Directions: Go west of 57 on rt 17 to N Harrison ave, go north to e birch st, turn west, go two blocks house will be on the left

School Information

  • School District: 111
  • Elem School District: 111
  • Midd School District: 111
  • High School District: 111

Heating & Cooling

  • Heating Type: Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Year Built: 1980

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 50 x 70

Financial Considerations

  • Assessment Year: 1980
  • Tax Amount: $1,414
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Standard
  • Property ID: 16093240100100

Listed by Green Real Estate

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— 592 N Dearborn Ave —

  • Green Real Estate

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 592 N Dearborn Ave

School District:Kankakee School District 111
NameGradesDistance
John Kennedy Middle Grade School
1550 West Calista Street, Kankakee, IL 60901
3-61.6 mi
Kankakee Junior High School
2250 East Crestwood Street, Kankakee, IL 60901
7-81.7 mi
Kankakee High School
1200 West Jeffery Street, Kankakee, IL 60901
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 592 N Dearborn Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/13/2026
Listed
$148,000
-88.62%
MLS
4/14/2024
Sold
$1,300,000
—
Public Record
Get Price Alerts and Save Property
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 for 592 N Dearborn Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,350
—
$12,769
13%
2024
$1,350
4%
$11,251
12%
2023
$1,301
9%
$10,023
14%
2022
$1,192
6%
$8,773
11%
2021
$1,125
8%
$7,939
11%
2020
$1,044
5%
$7,136
8%
2019
$995
4%
$6,638
8%
2018
$958
-11%
$6,147
2%
2017
$1,073
7%
$6,012
2%
2016
$1,005
4%
$5,894
-2%
2015
$971
—
$6,014
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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592 N Dearborn Avenue, Kankakee, IL 60901 (MLS# 12703746) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 592 N Dearborn Avenue is currently listed for $148,000 and was received on July 13, 2026. Want to learn more about 592 N Dearborn Avenue? 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.

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