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$134,900
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Property Description
This exceptional investment property in desirable Kankakee, Illinois, strategically positioned just off Schuyler near the local farmers market and within walking distance to the river, presents a compelling opportunity for local investors. The well-maintained three-unit building features two spacious one-bedroom apartments, one on the main floor and one on the upper level, alongside an efficient studio unit with charming loft space, all currently occupied by reliable long-term tenants providing steady, consistent income at 550 dollars monthly for the efficiency unit, 600 dollars for the upper one-bedroom, and 900 dollars for the main floor one-bedroom, with tenants responsible for gas and electric while the landlord maintains water, sewer, and garbage services. The property boasts superior curb appeal with updated Dutch lap vinyl siding and a durable architectural roof, featuring wrapped windows and soffits ensuring the new owner will not have to paint the windows or soffits during the rental relicensing process upon sale, while the practical basement exterior access ensures convenient maintenance without disrupting tenant occupancy, and the property offers street parking with additional parking spaces in the back for tenants. Schedule your showing today. 24hr notice needed.
Full Property Details
Full Property Details for 946 S Schuyler Ave
General
- Price: $134,900
- Taxes: $3,025 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12649319
- Updated: 7/29/2026
- Added to Site: 100 day(s) ago
Rental Information
- Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service, Commuter Bus, Interstate Access
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 4
- Parking Features: Off-Alley, Off-Street, Yes, Owned
Location
- Area: Kankakee
- County: Kankakee
- Township: Kankakee
- Driving Directions: Court St to Schuyler Ave; South on Schuyler to property. Located 2 1/2 blocks south of the Kankakee River/Schuyler bridge.
School Information
- School District: 111
- Elem School District: 111
- Midd School District: 111
- High School District: 111
- Elementary School: Taft Primary School
- Middle School: John Kennedy Middle Grade School
- High School: Kankakee High School
- Private School: Kankakee High School
Heating & Cooling
- Heating Type: Natural Gas, Electric, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Exterior Entry, Full
- Foundation: Block, Stone
- Roof: Asphalt
- Windows: Screens
- Year Built: 1905
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 150
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1905
- Tax Amount: $3,025
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16170531100400
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Schools
Schools serving 946 S Schuyler Ave
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
Taft Primary School 1155 West Hawkins Street, Kankakee, IL 60901 | K-3 | 1 mi |
John Kennedy Middle Grade School 1550 West Calista Street, Kankakee, IL 60901 | 3-6 | 1.1 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 1.8 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 1.1 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 946 S Schuyler Ave
Date
Details
Price
Change
Source
7/23/2026
Price Reduced
$134,900
-3.57%
MLS
7/06/2026
Price Reduced
$139,900
-5.09%
MLS
6/19/2026
Price Reduced
$147,400
-1.67%
MLS
5/18/2026
Listed
$149,900
30.35%
MLS
4/01/2022
Sold
$115,000
—
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 946 S Schuyler Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,025
—
$29,043
13%
2024
$3,025
4%
$25,589
12%
2023
$2,915
8%
$22,796
14%
2022
$2,711
6%
$19,953
11%
2021
$2,559
8%
$18,057
11%
2020
$2,374
5%
$16,231
7%
2019
$2,263
4%
$15,099
8%
2018
$2,178
-11%
$13,980
2%
2017
$2,440
7%
$13,672
2%
2016
$2,287
4%
$13,404
-2%
2015
$2,209
—
$13,677
—
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 946 S Schuyler Ave
946 S Schuyler Avenue, Kankakee, IL 60901 (MLS# 12649319) is a Multi-Family property with 3 units containing 3 bedrooms and 0 full bathrooms. 946 S Schuyler Avenue is currently listed for $134,900 and was received on May 18, 2026. Want to learn more about 946 S Schuyler 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.

