1095-1097 E Merchant St, Kankakee, IL 60901
Property image
Property image
FOR SALE

$185,000

Original price: $195,000
  • 5 Beds
  • 2 Baths

1095-1097 E Merchant St, Kankakee, IL 60901

Est. Mortgage $1,423/mo*
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Home Highlights

Multi-Family
Built in 1890
Garage

Local Information

  • Map ViewExplore the area around 1095-1097 E Merchant St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Modern finishesThoughtful upgradesComfortable living spaces
Fantastic Investment Opportunity in Kankakee! This remodeled 2-unit building is ideal for investors or those seeking a multi-family living option. The property includes a spacious 3-bedroom, 1-bathroom unit and a well-designed 2-bedroom, 1-bathroom unit, both featuring modern finishes and thoughtful upgrades. Each unit is equipped with its own laundry facilities, providing added convenience for residents. Both apartments offer comfortable living spaces with access to front and back porches, making them highly desirable for tenants. A sidewalk leads to a detached 2-car garage, offering plenty of parking and storage options. Conveniently located near local amenities, this property has the potential to generate strong cash flow through rental income. Don't miss the chance to own a versatile property with incredible investment potential-schedule your showing today!
Last check for updates: about 2 hours ago
Listing courtesy of: Leda Quiaro, CNC,SRS, (630) 638-4272
Keller Williams Infinity
Source: MRED as distributed by MLS GRID, MLS#12624227
Also Listed on MRED as distributed by MLS GRID, MRED as distributed by MLS GRID.

Home Details for 1095-1097 E Merchant St

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 9
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
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No View

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Yes,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 143

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 16170520201900

Price & Status

Price
List Price: $185,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Kankakee
School Information
Elementary School District: 111Jr High / Middle School District: 111High School District: 111

Agent Information

Listing Agent
Listing ID: 12624227

Community

Community Features: Sidewalks, Street Lights, Street Paved

Lot Information

Lot Area: 8178 sqft

Listing Info

Special Conditions: None

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12624227Attribution Contact: (630) 638-4272

Additional Information

SidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD AVM On IDX Display: YesMRD Address On VOW Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Kankakee

At least 211 Trulia users voted on each feature.

  • 85 % Say car is needed

  • 80 % Say parking is easy

  • 79 % Say yards are well-kept

  • 75 % Say there are sidewalks

  • 67 % Say it's dog friendly

  • 64 % Say there's holiday spirit

  • 60 % Say kids play outside

  • 51 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 46 % Say it's walkable to restaurants

  • 44 % Say there's wildlife

  • 44 % Say streets are well-lit

  • 43 % Say they plan to stay for at least 5 years

  • 40 % Say it's walkable to grocery stores

  • 38 % Say people would walk alone at night

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Donna Tymec
    "I use my car everything is accessible with in 2-10 minutes. Buses run till 11 pm. Commute is easy hardly any congestion when traffic comes "
    0
    Flag
  • Vinnie Crump
    "Like that most people are friendly . People have ongoing relationships with neighbors and feel safe. People with dogs seem to respect their neighbors and boundaries don’t leave their dogs outside all evening just letting them bark and bark and bark "
    0
    Flag
  • Sluiterdbm
    "Plenty of people walking dogs in the neighborhood and a park down by the river as well. Very nice neighborhood!"
    0
    Flag
  • Sluiterdbm
    "I’ve lived here for 22 years in the historic district and there are very unique historical homes to enjoy on walks and friendly neighbors. Very beautiful sunsets over the river to enjoy as well!"
    0
    Flag
  • Kathleen Donovan Downey
    "…………Herscher is a great school district. Friendly neighborhood. Nice state park nearby. Safe for kids to play outside. "
    0
    Flag
  • Kevali Amphy
    "I wouldn’t take public transportation unless absolutely necessary. Little to no traffic. State and local police are active."
    0
    Flag
  • Maliknorsworthy
    "ne of the main roles of parents is providing encouragement, support and access to activities that enable a child to master key developmental"
    0
    Flag
  • Olivia Johnson
    "Great access love this community. I am foreign here born and raised. I appreciate everything in this community."
    0
    Flag
  • Lateesakfoster93
    "I’ve Been here all my life..very small and quiet.I will recommend if anyone is looking for a smaller town to live."
    9
    Flag
  • Mark E. H.
    "Great schools and right next to Hawkins Park with a 2/3 mile jogging track. Close to hospitals. Country living. "
    3
    Flag
  • Angela W.
    "It’s run down. People don’t try to improve their property, they do the bare minimum. The Alderman doesn’t enforce anything they just get a check."
    1
    Flag
  • Danniiemarie
    "It’s loud at night where I’m by, parties and drinking plus smoking all through the night. If you want to live here just beware"
    10
    Flag
  • Olivia Q.
    "I don’t like it.hear to many gun shots, have had a package stolen from my front porch and the lighting outside for the streets suck they aren’t bright at all "
    1
    Flag
  • Cristinatrujillo5783
    "No one helps out no one turns in the bad Guys it needs to stop we need to come together to make it town better "
    12
    Flag
  • Kennice B.
    "I lived here for 1 yr it's been pretty quiet nice place to live so far will recommend neighborhood to anyone "
    3
    Flag
  • Cristinatrujillo5783
    "None we have no events and there is always shooting in the area and they go to jail for a week and get out "
    8
    Flag
  • Gerraile
    "There are parks and green spaces but you have to travel through intrepid waters or neighborhoods to get to some. "
    1
    Flag
  • Michelle B.
    "not the best neighborhood, some areas are good some are not so great. Be sure to do your research on the areas before making your decision."
    3
    Flag
  • Ayersloretta53
    "I've lived in this area for six years and it has been going down hill every since. Loud music and roudy people are moving into thr area."
    0
    Flag
  • Nimon B.
    "only one dog in my neighborhood and they pick up after it...but over all it's a really nice neighborhood where I stay at."
    0
    Flag
  • Djsluiter
    "We have a holiday housewalk and are constantly doing special events. For Christmas our neighborhood has just started a parade of lights and in the summer there are bike races and block parties, wine and cheese events etc. "
    2
    Flag
  • Djsluiter
    "Great place with good parks and plenty of areas to walk dogs. There is the Kankakee River that is always a good place to bring dogs. "
    1
    Flag
  • Donnajones287
    "Lived here for almost two years now and this town sucks and the police are even worse. It's not safe here and the hookers walk around with there gas and wash cups to let it know there open for business. "
    0
    Flag
  • Kellielafevor
    "Our community does amazing things. The farmers market, downtown activities, the public library. We love our daycare and preschool in the district. "
    0
    Flag

Market trends in Kankakee

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$185K
$25KMoM
Sale-to-List Price
—
Price per sq ft
—
Available listings
91
13MoM

Home Value

Trulia Estimate
$177K
Since last month
Decreased$300 (-0.2%)
Since last year
Decreased$9K (-4.7%)
Since last sale
Increased$127K (+254.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +147% in the last 10 years
MonthEstimated value
2026
September 2026$177K
August 2026$178K
July 2026$178K
June 2026$189K
May 2026$190K
April 2026$132K
March 2026$186K
February 2026$187K
January 2026$187K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
427 S Chicago Ave, Kankakee, IL
0.50
Multi-Family Home
$45,000
05/11/26
6
2
-
312 S Evergreen Ave, Kankakee, IL
0.18
Multi-Family Home
$106,000
03/30/26
6
2
-
1019 E Bourbonnais St, Kankakee, IL
0.30
Multi-Family Home
$100,000
12/23/25
4
2
-
361 S Nelson Ave, Kankakee, IL
0.28
Multi-Family Home
$152,500
02/20/26
4
2
-
381 S Nelson Ave, Kankakee, IL
0.29
Multi-Family Home
$152,500
02/20/26
4
2
-
229 S Sibley Ave, Kankakee, IL
0.03
Multi-Family Home
$10,000
12/23/25
5
3
-
529 S Indiana Ave, Kankakee, IL
0.67
Multi-Family Home
$135,000
05/27/26
4
2
-
653 E River St, Kankakee, IL
0.52
Multi-Family Home
$100,000
12/23/25
3
2
-
852 E Station St, Kankakee, IL
0.26
Multi-Family Home
$105,000
04/03/26
6
2
-
363-365 E Hickory St, Kankakee, IL
0.34
Multi-Family Home
$230,000
10/24/25
4
4
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1185 E Merchant St, Kankakee, IL 60901
0.04
$95,400
2
1
884
Off Market
1184 E Merchant St, Kankakee, IL 60901
0.03
$314,300
8
4
-
Off Market
229 S Sibley Ave, Kankakee, IL 60901
0.03
$10,000
5
3
-
Recently Sold
208 S Sibley Ave, Kankakee, IL 60901
0.04
$137,300
4
1.5
1,820
Off Market
1265 E Merchant St, Kankakee, IL 60901
0.05
-
4
1
2,500
Off Market
1020 E Court St, Kankakee, IL 60901
0.10
$130,000
4
2
-
For Sale
1295 E Merchant St, Kankakee, IL 60901
0.07
$74,900
3
1.5
1,110
For Sale
257 Orchard Ave, Kankakee, IL 60901
0.08
$140,200
3
1.5
1,840
Off Market
1164 E Maple St, Kankakee, IL 60901
0.11
$161,300
4
2
1,456
Off Market
352 S Elm Ave, Kankakee, IL 60901
0.13
$156,100
3
1
1,250
Off Market
916 E Court St, Kankakee, IL 60901
0.17
$19,500
-
-
-
For Sale

Price and Tax history

DateEventPrice
Jul 22, 2026
Source: MRED as distributed by MLS GRID #12624227
PriceChange
$185,000
Price decreased by 5%
May 4, 2026
Source: MRED as distributed by MLS GRID #12624227
Listed For Sale
$195,000
Oct 2, 2025
Source: MRED as distributed by MLS GRID #12460133
ListingRemoved
$195,000
Sep 3, 2025
Source: MRED as distributed by MLS GRID #12460133
Listed For Sale
$195,000
Apr 11, 2025
Source: MRED as distributed by MLS GRID #12215502
ListingRemoved
$230,000

LGBTQ Local Legal Protections

Leda Quiaro, CNC,SRS, Keller Williams Infinity
Agent Phone: (630) 638-4272
Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

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Frequently asked questions about 1095-1097 E Merchant St

  • What is the estimated monthly payment for 1095-1097 E Merchant St?
    Based on a $185,000 list price with 20% down at today's rates, the estimated monthly payment for 1095-1097 E Merchant St in Kankakee, IL is approximately $1,458 (about $1,039 principal & interest, $344 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1095-1097 E Merchant St compare to homes in Kankakee?
    1095-1097 E Merchant St in Kankakee, IL is listed at $185,000. The median sale price in Kankakee is $185K.
  • What do residents say about Kankakee?
    Residents describe Kankakee, IL as easy to park in, well-kept, and pedestrian-friendly. See homes for sale in Kankakee, IL.
  • What are the closest schools to 1095-1097 E Merchant St?
    The closest schools to 1095-1097 E Merchant St in Kankakee, IL are Kankakee High School (rated 4/10), Kankakee Junior High School (rated 4/10), King Middle Grade School (Elementary, rated 4/10).
1095-1097 E Merchant St, Kankakee, IL 60901 is a 5 bedroom, 2 bathroom multi-family built in 1890. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on May 4, 2026. The MLS # for this home is MLS# 12624227.