Contact us: 563.441.1776
Description
Fantastic opportunity to own a commercial site on the frontage road off of the high traffic of IL Rt 17. This is yards from north or south entrance to Illinois Route 57. The property includes one large home with 3 units, 2 single-family houses, a 2 car garage and a trailer. If all 7 units are rented it could bring in about $66,600 per year. The north house is gutted and if fixed could bring $1200, the middle house could be rented for $1200. The trailer is rented for $900 per month. The south home is right along the frontage rd off Rt 17 and includes 3 apartments could rent for $700 per unit x 3 units=$2100, and the 2 car garage could bring $150 per month. Total rent could be $2000. The property measures 164.3' x 463.2'. Address for the house with a two car attached garage is 165 S Krause and house with no garage is 185 S Krause. Call today for more information.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1910
Lot Size: 1.75 acres
General Information
County: Kankakee
Listed By:
Berkshire Hathaway HomeServices Speckman Realty
815-937-4370
MRED MLS
MLS ID: 12684690
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2405 E Court Street, Kankakee, IL 60901.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $300,000 | $300,000 | $300,000 |
| Down Payment | $60,000 | $10,500 | $75,000 |
| Monthly Mortgage Amount | $1,458 | $1,790 | $1,853 |
| Taxes | $418 | $418 | $418 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $132 | $0 |
| Monthly Estimated Total | $1,976 | $2,440 | $2,371 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/04/2026. The listing information on this page last changed on 07/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/04/2026 12:08:59 AM EST) or MRED MLS (last updated Sat 07/04/2026 12:04:57 AM EST) or SCWMLS (last updated Fri 07/03/2026 11:54:45 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 07/03/2026 10:17:09 PM EST) or Cedar Rapids MLS (last updated Fri 07/03/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Fri 07/03/2026 11:58:42 PM EST) or ICAAR MLS (last updated Fri 07/03/2026 11:37:26 PM EST) or ECIMLS (last updated Fri 07/03/2026 11:44:14 PM EST) or RMLSA (last updated Sat 07/04/2026 12:00:57 AM EST) or Muscatine MLS (last updated Sat 07/04/2026 12:00:12 AM EST) or No Coast MLS (last updated Sat 07/04/2026 12:04:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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