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241 W Hickory Street , Kankakee, IL 60901.
Investment Opportunity with Endless Potential! Bring your vision to this spacious 4-bedroom, 2 full bathroom home offering plenty of room to create something special. Formerly configured as a two-unit property, the home is currently zoned as a single-family residence and must be rehabilitated as a single-family home in accordance with current zoning requirements. Inside, you'll find a large kitchen, a full basement, and a functional layout with generous living space. Outside, the nice-sized side yard provides additional room for outdoor entertaining, gardening, or future landscaping improvements. New roof, gutters and porch were replaced this year 2026. Whether you're looking to renovate your forever home, create a long term rental investment, or complete your next profitable flip, this property offers tremendous potential for the right buyer. This home is centrally located near Jewel/Osco, Dollar Tree, gas stations, restaurants, the Kankakee Farmers Market, Downtown Kankakee festivities, the Kankakee River, community parks and so much more! Property is being sold AS IS. Buyer is responsible for conducting all due diligence and must comply with all Kankakee Regional Land Bank Authority purchase requirements. Don't miss this opportunity to invest in the future of the community while adding value to a property with incredible possibilities.
MLS ID: 12711591
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241 W Hickory Street , Kankakee, IL 60901.

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563-441-1862
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Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $50,000 | $50,000 | $50,000 |
| Down Payment | $10,000 | $1,750 | $12,500 |
| Monthly Mortgage Amount | $250 | $302 | $311 |
| Taxes | $70 | $70 | $70 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $22 | $0 |
| Monthly Estimated Total | $420 | $494 | $481 |
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