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.

Single Family Homes for Sale in Kankakee, IL

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

Showing 35 Single Family Residential 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
997 S Evergreen Ave Kankakee, IL You will love the beauty of original wood work in this 4 square home. Wonderful enclosed ...	3 beds \| 1 baths \| 1,712 sq.ft.	$215,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 3.16% Airbnb Rental Income: $1699 Traditional Rental Income: $1261 Airbnb ROI: 2.99% Traditional ROI: 3.16%
1581 S 4th Ave Kankakee, IL Ready for new owners!!! This remodeled home features 3 bedroom and 1.5 baths. Updates inc...	3 beds \| 1 baths \| 1,250 sq.ft.	$140,000	Airbnb cash on cash: 5.02% Traditional cash on cash: 5.88% Airbnb Rental Income: $1699 Traditional Rental Income: $1342 Airbnb ROI: 5.02% Traditional ROI: 5.88%
13 Charlton Dr Kankakee, IL Great opportunity in East Shore Acres Subdivision. This large two story home features 4 be...	5 beds \| 3 baths \| 2,400 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $2113 Airbnb ROI: N/A Traditional ROI: 4.92%
595 W Bridge St Kankakee, IL WELCOME HOME!!! Fall in love with this cute 2-bedroom, 1-bath home. Walk into the cozy liv...	2 beds \| 1 baths \| 700 sq.ft.	$137,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 2.94% Airbnb Rental Income: $1334 Traditional Rental Income: $856 Airbnb ROI: 3.45% Traditional ROI: 2.94%
895 S Greenwood Ave Kankakee, IL Gorgeous character in the heart of the Historic District. This 2 story home is located 1 b...	3 beds \| 2 baths \| 2,602 sq.ft.	$249,900	Airbnb cash on cash: 1.08% Traditional cash on cash: 6.7% Airbnb Rental Income: $1699 Traditional Rental Income: $2553 Airbnb ROI: 1.08% Traditional ROI: 6.7%
27 Marquette Lane Kankakee, IL Sprawling Ranch home! With close to 4000 Sq ft of living space, you have so many options w...	4 beds \| 5 baths \| 3,924 sq.ft.	$445,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 8.52% Airbnb Rental Income: $2297 Traditional Rental Income: $4931 Airbnb ROI: 0.83% Traditional ROI: 8.52%
187 E Water Street Kankakee, IL Discover the ultimate riverfront retreat in Kankakee! This magnificent custom-built three-...	3 beds \| 2 baths \| 1,550 sq.ft.	$320,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 2.73% Airbnb Rental Income: $1699 Traditional Rental Income: $2516 Airbnb ROI: -1.55% Traditional ROI: 2.73%
59 N 2750w Road Kankakee, IL Welcome to this charming ranch-style home nestled in the scenic countryside of Kankakee Co...	3 beds \| 1 baths \| 1,200 sq.ft.	$174,900	Airbnb cash on cash: 3.76% Traditional cash on cash: 6.89% Airbnb Rental Income: $1699 Traditional Rental Income: $1748 Airbnb ROI: 3.76% Traditional ROI: 6.89%
635 S Alma Avenue Kankakee, IL Welcome to this beautiful 1 story ranch w/ finished basement that was just renovated! this...	2 beds \| 2 baths \| 1,710 sq.ft.	$224,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 6.28% Airbnb Rental Income: $1334 Traditional Rental Income: $2207 Airbnb ROI: 0.22% Traditional ROI: 6.28%
1320 S 3rd Ave Kankakee, IL 1320 S 3rd Ave, Kankakee, IL 60901 \| Single Family Residential	3 beds \| 1 baths \| 1,188 sq.ft.	$199,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 3.25% Airbnb Rental Income: $1699 Traditional Rental Income: $1316 Airbnb ROI: 2.78% Traditional ROI: 3.25%
1096 S Wildwood Ave Kankakee, IL 1096 S Wildwood Ave, Kankakee, IL 60901 \| Single Family Residential	3 beds \| 2 baths \| 1,920 sq.ft.	$255,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 4.05% Airbnb Rental Income: $1699 Traditional Rental Income: $1853 Airbnb ROI: 1.46% Traditional ROI: 4.05%
309 N Greenwood Ave Kankakee, IL	5 beds \| 1 baths \| 1,757 sq.ft.	$144,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $1316 Airbnb ROI: N/A Traditional ROI: 5.62%
323 N Illinois Ave Kankakee, IL	3 beds \| 1 baths \| 1,008 sq.ft.	$149,500	Airbnb cash on cash: 4.71% Traditional cash on cash: 5.33% Airbnb Rental Income: $1699 Traditional Rental Income: $1316 Airbnb ROI: 4.71% Traditional ROI: 5.33%
312 Stone St Kankakee, IL	3 beds \| 2 baths \| 1,020 sq.ft.	$174,900	Airbnb cash on cash: 3.58% Traditional cash on cash: 4.12% Airbnb Rental Income: $1699 Traditional Rental Income: $1316 Airbnb ROI: 3.58% Traditional ROI: 4.12%
827 S Mckinley Ave Kankakee, IL 827 S Mckinley Ave, Kankakee, IL 60901 \| Single Family Residential	4 beds \| 2 baths \| 2,323 sq.ft.	$250,000	Airbnb cash on cash: 3.68% Traditional cash on cash: 5.93% Airbnb Rental Income: $2297 Traditional Rental Income: $2256 Airbnb ROI: 3.68% Traditional ROI: 5.93%
540 S Osborn Ave Kankakee, IL 540 S Osborn Ave, Kankakee, IL 60901 \| Single Family Residential	2 beds \| 1 baths \| 826 sq.ft.	$75,900	Airbnb cash on cash: 7.9% Traditional cash on cash: 10.21% Airbnb Rental Income: $1334 Traditional Rental Income: $1096 Airbnb ROI: 7.9% Traditional ROI: 10.21%
851 S Greenwood Ave Kankakee, IL 851 S Greenwood Ave, Kankakee, IL 60901 \| Single Family Residential	3 beds \| 1 baths \| 1,792 sq.ft.	$249,900	Airbnb cash on cash: 1.57% Traditional cash on cash: 1.43% Airbnb Rental Income: $1699 Traditional Rental Income: $1194 Airbnb ROI: 1.57% Traditional ROI: 1.43%
286 S Barbara Drive Kankakee, IL Well-located 3-bedroom, 1-bath ranch in the Hillside Manor Subdivision, served by the desi...	3 beds \| 1 baths \| 1,014 sq.ft.	$129,950	Airbnb cash on cash: 7.18% Traditional cash on cash: 7.89% Airbnb Rental Income: $1699 Traditional Rental Income: $1316 Airbnb ROI: 7.18% Traditional ROI: 7.89%
1221 E Chestnut St Kankakee, IL 1221 E Chestnut St, Kankakee, IL 60901 \| Single Family Residential	3 beds \| 1 baths \| 1,950 sq.ft.	$105,000	Airbnb cash on cash: 7.93% Traditional cash on cash: 8.81% Airbnb Rental Income: $1699 Traditional Rental Income: $1316 Airbnb ROI: 7.93% Traditional ROI: 8.81%
1003 S Poplar Ave S Kankakee, IL 1003 S Poplar Ave S, Kankakee, IL 60901 \| Single Family Residential	3 beds \| 2 baths \| 1,500 sq.ft.	$200,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 5.01% Airbnb Rental Income: $1699 Traditional Rental Income: $1656 Airbnb ROI: 2.75% Traditional ROI: 5.01%
729 Webster Cir W Kankakee, IL 729 Webster Cir W, Kankakee, IL 60901 \| Single Family Residential	3 beds \| 1 baths \| 1,154 sq.ft.	$132,500	Airbnb cash on cash: 5.69% Traditional cash on cash: 6.99% Airbnb Rental Income: $1699 Traditional Rental Income: $1392 Airbnb ROI: 5.69% Traditional ROI: 6.99%
485 W Mulberry St Kankakee, IL 485 W Mulberry St, Kankakee, IL 60901 \| Single Family Residential	3 beds \| 2 baths \| 1,110 sq.ft.	$199,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 4.17% Airbnb Rental Income: $1699 Traditional Rental Income: $1490 Airbnb ROI: 2.78% Traditional ROI: 4.17%
261 S Longwood Dr Kankakee, IL 261 S Longwood Dr, Kankakee, IL 60901 \| Single Family Residential	3 beds \| 1 baths \| 1,146 sq.ft.	$135,000	Airbnb cash on cash: 5.54% Traditional cash on cash: 6.57% Airbnb Rental Income: $1699 Traditional Rental Income: $1360 Airbnb ROI: 5.54% Traditional ROI: 6.57%
85 N 2750w Rd Kankakee, IL 85 N 2750w Rd, Kankakee, IL 60901 \| Single Family Residential	3 beds \| 1 baths \| 1,209 sq.ft.	$239,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 2.54% Airbnb Rental Income: $1699 Traditional Rental Income: $1403 Airbnb ROI: 1.77% Traditional ROI: 2.54%
1035 S 3rd Ave Kankakee, IL 1035 S 3rd Ave, Kankakee, IL 60901 \| Single Family Residential	3 beds \| 1 baths \| 1,802 sq.ft.	$164,900	Airbnb cash on cash: 3.99% Traditional cash on cash: 4.1% Airbnb Rental Income: $1699 Traditional Rental Income: $1245 Airbnb ROI: 3.99% Traditional ROI: 4.1%

Your search for investment property begins and ends here

Single Family Homes for Sale in Kankakee, IL

997 S Evergreen Ave

Kankakee, IL

3 beds | 1 baths | 1,712 sq.ft.

$215,000

Airbnb cash on cash: 2.99%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $1699

Traditional Rental Income: $1261

Airbnb ROI: 2.99%

Traditional ROI: 3.16%

1581 S 4th Ave

Kankakee, IL

3 beds | 1 baths | 1,250 sq.ft.

$140,000

Airbnb cash on cash: 5.02%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $1699

Traditional Rental Income: $1342

Airbnb ROI: 5.02%

Traditional ROI: 5.88%

13 Charlton Dr

Kankakee, IL

5 beds | 3 baths | 2,400 sq.ft.

$280,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2113

Airbnb ROI: N/A

Traditional ROI: 4.92%

595 W Bridge St

Kankakee, IL

2 beds | 1 baths | 700 sq.ft.

$137,000

Airbnb cash on cash: 3.45%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $1334

Traditional Rental Income: $856

Airbnb ROI: 3.45%

Traditional ROI: 2.94%

895 S Greenwood Ave

Kankakee, IL

3 beds | 2 baths | 2,602 sq.ft.

$249,900

Airbnb cash on cash: 1.08%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $1699

Traditional Rental Income: $2553

Airbnb ROI: 1.08%

Traditional ROI: 6.7%

27 Marquette Lane

Kankakee, IL

4 beds | 5 baths | 3,924 sq.ft.

$445,000

Airbnb cash on cash: 0.83%

Traditional cash on cash: 8.52%

Airbnb Rental Income: $2297

Traditional Rental Income: $4931

Airbnb ROI: 0.83%

Traditional ROI: 8.52%

187 E Water Street

Kankakee, IL

3 beds | 2 baths | 1,550 sq.ft.

$320,000

Airbnb cash on cash: -1.55%

Traditional cash on cash: 2.73%

Airbnb Rental Income: $1699

Traditional Rental Income: $2516

Airbnb ROI: -1.55%

Traditional ROI: 2.73%

59 N 2750w Road

Kankakee, IL

3 beds | 1 baths | 1,200 sq.ft.

$174,900

Airbnb cash on cash: 3.76%

Traditional cash on cash: 6.89%

Airbnb Rental Income: $1699

Traditional Rental Income: $1748

Airbnb ROI: 3.76%