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$860,860 -$939,140 (-52.17%) Price Reduced
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Property Description
!!PART OF A PORTFOLIO. MUST BUY **12-UNIT 163 N ROSEWOOD AVE. KANAKEE.** This newly renovated 11-unit multifamily property offers a strong unit mix and modern appeal. The building features ten spacious 2-bedroom units and one oversized 4-bedroom unit, all thoughtfully updated with contemporary finishes throughout. All units have undergone recent renovations, including upgraded kitchens and bathrooms, new flooring, new windows, fresh paint, NEW ROOF, significantly reducing near-term capital expenditure requirements. The renovations position the property to command market rents while minimizing turnover and maintenance costs.
Full Property Details
Full Property Details for 924 E Willow St
General
- Price: $860,860
- HOA FEE: $5,500
- Taxes: $12,040 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12554596
- 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 E Willow St and proceed to 924 E Willo
Heating & Cooling
- Heating Type: Electric
Utilities
- Trash: 2688
Structural Information
- Stories/Levels: 2
- Year Built: 1975
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 0.33 ACRES
Financial Considerations
- Maint. Fee: $5,500
- Insurance Fee: $7,500
- Operating Expenses: $54,833
- Other Fee: $1,500
- Assessment Year: 1975
- Tax Amount: $12,040
- Tax Year: 2024
- Pays Electric: 5800
- Pays Trash: 2688
Disclosures and Reports
- Property ID: 16093310901800
Listed by Horvath & Tremblay IL, LLC
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Schools
Schools serving 924 E Willow St
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
John Kennedy Middle Grade School 1550 West Calista Street, Kankakee, IL 60901 | 3-6 | 2 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 | 2.4 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 924 E Willow St
Date
Details
Price
Change
Source
1/26/2026
Price Reduced
$860,860
-52.17%
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 924 E Willow St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,725
-9%
$65,340
—
2023
$8,480
-4%
$65,340
—
2022
$8,879
-4%
$65,340
—
2021
$9,260
-3%
$65,340
—
2020
$9,557
-2%
$65,340
—
2019
$9,791
-4%
$65,340
—
2018
$10,182
-13%
$65,340
—
2017
$11,660
5%
$65,340
—
2016
$11,146
-5%
$65,340
-10%
2015
$11,724
—
$72,600
—
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 924 E Willow St
924 E Willow Street, Kankakee, IL 60901 (MLS# 12554596) is a Commercial property. 924 E Willow Street is currently listed for $860,860 and was received on January 20, 2026. Want to learn more about 924 E Willow Street? 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.

