Real Estate Investment Properties for Sale in Kankakee, IL

Looking for investment property in Kankakee, IL with high ROI ?

Explore a variety of short-term homes & houses in Kankakee, IL. Invest wisely with VRBO & Kankakee, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Kankakee, IL

Search for Multi Family for Sale in Kankakee, Illinois. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 2 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
505 S Chicago Ave Kankakee, IL 505 S Chicago Ave, Kankakee, IL 60901 \| Multi Family	6 beds \| 2 baths \| N/A	$191,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 6.84% Airbnb Rental Income: $1339 Traditional Rental Income: $1919 Airbnb ROI: 1.37% Traditional ROI: 6.84%
946 S Schuyler Ave Kankakee, IL 946 S Schuyler Ave, Kankakee, IL 60901 \| Multi Family	3 beds \| 3 baths \| N/A	$147,400	Airbnb cash on cash: 4.3% Traditional cash on cash: 11.71% Airbnb Rental Income: $1611 Traditional Rental Income: $2199 Airbnb ROI: 4.3% Traditional ROI: 11.71%
Other Investment Properties for Sale in Kankakee
1133 Justine Dr Kankakee , IL Beautiful 3 bedroom, 2 bath ranch home with 2 car attached garage in Riverview area near K...	3 beds \| 2 baths \| 1,285 sq.ft.	$179,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 7.18% Airbnb Rental Income: $1339 Traditional Rental Income: $1892 Airbnb ROI: 1.54% Traditional ROI: 7.18%
1257 E Sheridan Street Kankakee , IL Welcome to this beautiful home in Kankakee, eagerly awaiting its new owners! This exquisit...	1 beds \| 2 baths \| 1,300 sq.ft.	$220,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 6.32% Airbnb Rental Income: $1375 Traditional Rental Income: $1834 Airbnb ROI: 2.11% Traditional ROI: 6.32%
1355 S 7th Ave Kankakee , IL Property is available for sale on it's own but has the option to be purchased with other p...	4 beds \| 1 baths \| 1,568 sq.ft.	$99,999	Airbnb cash on cash: 6.26% Traditional cash on cash: 9.18% Airbnb Rental Income: $1611 Traditional Rental Income: $1438 Airbnb ROI: 6.26% Traditional ROI: 9.18%
1869 Summit Ave Kankakee , IL Property is available for sale on it's own but has the option to be purchased with other p...	3 beds \| 1 baths \| 980 sq.ft.	$75,000	Airbnb cash on cash: 6.57% Traditional cash on cash: 6.67% Airbnb Rental Income: $1339 Traditional Rental Income: $934 Airbnb ROI: 6.57% Traditional ROI: 6.67%
231 S Chicago Ave Kankakee , IL Welcome to this beautiful and spacious 4-bedroom, 2-bath brick home in the heart of downto...	4 beds \| 2 baths \| 2,126 sq.ft.	$190,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 9.36% Airbnb Rental Income: $1611 Traditional Rental Income: $2274 Airbnb ROI: 3.16% Traditional ROI: 9.36%
980 S Myrtle Avenue Kankakee , IL	3 beds \| 1 baths \| 1,728 sq.ft.	$229,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 5.49% Airbnb Rental Income: $1339 Traditional Rental Income: $1959 Airbnb ROI: 0.75% Traditional ROI: 5.49%
1160 Westlawn Dr Kankakee , IL Great opportunity for you! Three bedroom, two bath home, located in the township with city...	3 beds \| 2 baths \| 1,440 sq.ft.	$220,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 7.45% Airbnb Rental Income: $1339 Traditional Rental Income: $1974 Airbnb ROI: 2.43% Traditional ROI: 7.45%
3172 Sun Valley Dr Kankakee , IL This beautiful new construction home in the River Bend subdivision of Limestone, will be r...	4 beds \| 3 baths \| 1,950 sq.ft.	$549,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 3.64% Airbnb Rental Income: $1611 Traditional Rental Income: $2577 Airbnb ROI: 0.87% Traditional ROI: 3.64%
1095-1097 E Merchant Street Kankakee , IL Fantastic Investment Opportunity in Kankakee! This remodeled 2-unit building is ideal for ...	5 beds \| 2 baths \| N/A	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.89% Airbnb Rental Income: $null Traditional Rental Income: $2522 Airbnb ROI: N/A Traditional ROI: 10.89%
2205 W Hickory St Kankakee , IL Step into this beautifully kept 3-bedroom gem located in the heart of West Kankakee! This ...	3 beds \| 1 baths \| 1,032 sq.ft.	$184,900	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.83% Airbnb Rental Income: $1339 Traditional Rental Income: $1561 Airbnb ROI: 2.22% Traditional ROI: 5.83%
1801 E Duane Blvd Kankakee , IL Three bedroom home in East Kankakee. Situated on a corner lot. Hardwood floors in the Livi...	3 beds \| 1 baths \| 1,200 sq.ft.	$199,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 6.96% Airbnb Rental Income: $1339 Traditional Rental Income: $1923 Airbnb ROI: 1.69% Traditional ROI: 6.96%
2664 Waldron Avenue Kankakee , IL This stunning 7,700 sq ft Hemenover custom-built estate sits on 4.5 acres along the most d...	5 beds \| 7 baths \| 7,577 sq.ft.	$1,175,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.21% Airbnb Rental Income: $null Traditional Rental Income: $7264 Airbnb ROI: N/A Traditional ROI: 3.21%

Your search for investment property begins and ends here

Multi Family for Sale in Kankakee, IL

505 S Chicago Ave

Kankakee, IL

6 beds | 2 baths | N/A

$191,000

Airbnb cash on cash: 1.37%

Traditional cash on cash: 6.84%

Airbnb Rental Income: $1339

Traditional Rental Income: $1919

Airbnb ROI: 1.37%

Traditional ROI: 6.84%

946 S Schuyler Ave

Kankakee, IL

3 beds | 3 baths | N/A

$147,400

Airbnb cash on cash: 4.3%

Traditional cash on cash: 11.71%

Airbnb Rental Income: $1611

Traditional Rental Income: $2199

Airbnb ROI: 4.3%

Traditional ROI: 11.71%

Other Investment Properties for Sale in Kankakee

Kankakee , IL

3 beds | 2 baths | 1,285 sq.ft.

$179,900

Airbnb cash on cash: 1.54%

Traditional cash on cash: 7.18%

Airbnb Rental Income: $1339

Traditional Rental Income: $1892

Airbnb ROI: 1.54%

Traditional ROI: 7.18%

Kankakee , IL

1 beds | 2 baths | 1,300 sq.ft.

$220,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $1375

Traditional Rental Income: $1834

Airbnb ROI: 2.11%

Traditional ROI: 6.32%

Kankakee , IL

4 beds | 1 baths | 1,568 sq.ft.

$99,999

Airbnb cash on cash: 6.26%

Traditional cash on cash: 9.18%

Airbnb Rental Income: $1611

Traditional Rental Income: $1438

Airbnb ROI: 6.26%

Traditional ROI: 9.18%

Kankakee , IL

3 beds | 1 baths | 980 sq.ft.

$75,000

Airbnb cash on cash: 6.57%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $1339

Traditional Rental Income: $934

Airbnb ROI: 6.57%

Traditional ROI: 6.67%

Kankakee , IL

4 beds | 2 baths | 2,126 sq.ft.

$190,000

Airbnb cash on cash: 3.16%

Traditional cash on cash: 9.36%

Airbnb Rental Income: $1611

Traditional Rental Income: $2274

Airbnb ROI: 3.16%

Traditional ROI: 9.36%

Kankakee , IL

3 beds | 1 baths | 1,728 sq.ft.

$229,900

Airbnb cash on cash: 0.75%

Traditional cash on cash: 5.49%

Airbnb Rental Income: $1339

Traditional Rental Income: $1959

Airbnb ROI: 0.75%

Traditional ROI: 5.49%

Kankakee , IL

3 beds | 2 baths | 1,440 sq.ft.

$220,000

Airbnb cash on cash: 2.43%