Contact us: 563.441.1776
Description
For the buyer looking for a nice investment property consisting of 2 rental units. Live in the updated lower unit & rent out the upper unit for income or enjoy incomes from both units. Improvements to property include recent new roof (2026), gutters & downspouts. Other: Unit #1 furnace replaced 2023, Unit #2 furnace replaced 2021 / water heater replaced in 2022. All new replacement windows both units in 2015 as part of a lead base paint mitigation. Property was retested for lead & then certified as lead free on 10/28/15 lower unit & 11/17/15 upper unit. There are records showing the certifications available. Also, several updates completed in lower unit: fresh paint throughout, new floor coverings plus more. Recent appraisal is $143,000.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 3
Bathrooms: 2
County: Kankakee
Listed By:
Village Realty Inc
708-478-1212
MRED MLS
MLS ID: 12782746
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811 S Elm Avenue, Kankakee, IL 60901.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $143,000 | $143,000 | $143,000 |
| Down Payment | $28,600 | $5,005 | $35,750 |
| Monthly Mortgage Amount | $761 | $934 | $927 |
| Taxes | $199 | $199 | $199 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $63 | $0 |
| Monthly Estimated Total | $1,060 | $1,296 | $1,226 |
Disclaimer:
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 10/19/2026. The listing information on this page last changed on 10/19/2026. 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 Mon 10/19/2026 3:00:31 AM EST) or MRED MLS (last updated Mon 10/19/2026 2:36:30 AM EST) or SCWMLS (last updated Sun 10/18/2026 11:55:01 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 10/18/2026 10:15:18 PM EST) or Cedar Rapids MLS (last updated Sun 10/18/2026 10:45:08 PM EST) or NEIRBR MLS (last updated Mon 10/19/2026 1:18:42 AM EST) or ICAAR MLS (last updated Sun 10/18/2026 11:37:28 PM EST) or ECIMLS (last updated Sun 10/18/2026 11:44:33 PM EST) or RMLSA (last updated Mon 10/19/2026 1:10:56 AM EST) or Muscatine MLS (last updated Mon 10/19/2026 2:00:10 AM EST) or No Coast MLS (last updated Mon 10/19/2026 12:44:21 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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