265 S Washington Ave, Kankakee, IL 60901
Property image
Property image
SOLD
MAY 7, 2026

265 S Washington Ave
Kankakee, IL 60901

  • 6 Beds
  • 2 Baths

$156,000

Last Sold: May 7, 2026
1% over list $155K
Est. Refi. Payment $1,171/mo*
Refinance Your Home

$156,000

Last Sold: May 7, 2026
1% over list $155K
Est. Refi. Payment $1,171/mo*
Refinance Your Home
6 Beds
2 Baths

Local Information

  • Map ViewExplore the area around 265 S Washington Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1910

About this House

Opportunities like this don't come around often. This solid two-unit property in the heart of Kankakee is the definition of a true income-producing asset-already generating nearly $3,000 per month in rental income. Whether you're looking to expand your portfolio or secure a strong cash-flowing investment from day one, this property checks all the boxes. Both units are well-positioned to provide consistent returns, making it an ideal addition for both seasoned investors and those just getting started. The current ownership has maintained the property and is offering it strictly due to relocation, creating a rare chance to step into a performing asset without the typical startup headaches. This is the kind of deal investors wait for-stable, proven, and ready to go. Located in a convenient area with strong rental demand, this property offers the perfect blend of cash flow and long-term upside. Call today to schedule your private showing-48-hour notice required. Serious inquiries only. Buyers must be pre-approved or provide proof of funds prior to showing.
265 S Washington Ave, Kankakee, IL 60901 is a 6 bedroom, 2 bathroom multi-family built in 1910. It last sold for $156,000 on May 7, 2026 (1% above the $155,000 asking price). More recently, it was listed as a rental in January 2025 with an asking price of $1,350 per month. That rental listing was removed on February 17, 2025. It is currently off market. The Trulia Estimate is $157,800, with a rent estimate of $1,194/month.

Home Details for 265 S Washington Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 12
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
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No View

Exterior Features

Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 16093233701600

Price & Status

Price
List Price: $155,000
Status Change & Dates
Off Market Date: Sun Apr 05 2026Possession Timing: Negotiable

Location

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

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12604531Activation Date: Mon Mar 30 2026

Additional Information

Source Internet Consumer CommentMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: YesMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes
Last check for updates: about 24 hours ago
Listed by Rory Hertzberg, (815) 954-3937
Village Realty, Inc
Bought with: Norman Gaskin, (815) 386-4930, Berkshire Hathaway HomeServices Speckman Realty
Source: MRED as distributed by MLS GRID, MLS#12604531

Price History for 265 S Washington Ave

DatePriceEventSource
05/07/2026$156,000Sold
MRED as distributed by MLS GRID #12604531
04/06/2026$155,000ContingentMRED as distributed by MLS GRID #12604531
03/31/2026$155,000Listed For SaleMRED as distributed by MLS GRID #12604531
02/17/2025$1,350ListingRemovedZillow Rentals
01/29/2025$1,350Listed For RentZillow Rentals
01/12/2022$69,500Sold
N/A
03/24/2021ListingRemovedN/A
10/10/2019$750ListingRemovedN/A
10/04/2019$750Listed For RentN/A
06/12/2019$32,000Sold
MRED as distributed by MLS GRID #09722858

Market trends in Kankakee

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
75
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Property Tax and Assessment

Year2024
Tax$2,775
Assessment$70,422
Home facts updated by county records

Comparable Sales for 265 S Washington Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
436 S 4th Ave, Kankakee, IL
0.19
Multi-Family Home
$100,000
04/03/26
4
1
-
345 S Washington Ave, Kankakee, IL
0.06
Multi-Family Home
$200,000
04/03/26
4
4
-
322 W Merchant St, Kankakee, IL
0.09
Multi-Family Home
$85,000
08/15/25
3
2
-
227 S Washington Ave, Kankakee, IL
0.03
Multi-Family Home
$90,000
09/15/25
3
3
-
341 S 5th Ave, Kankakee, IL
0.24
Multi-Family Home
$105,000
11/24/25
3
2
-
529 S Indiana Ave, Kankakee, IL
0.41
Multi-Family Home
$135,000
05/27/26
4
2
-
117 N Entrance Ave, Kankakee, IL
0.19
Multi-Family Home
$82,500
07/31/26
3
2
-
346 W Hickory St, Kankakee, IL
0.16
Multi-Family Home
$100,000
09/29/25
2
2
-
553 S 3rd St, Kankakee, IL
0.26
Multi-Family Home
$170,550
12/09/25
4
1
-

Nearby homes

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Assigned Schools

These are the assigned schools for 265 S Washington Ave.
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

  • 37 % 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

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Apartments for Rent

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Explore by feature - Pet Friendly

13 pet-friendly rentals in Kankakee, IL

Explore by feature - Air Conditioning

15 rentals with air conditioning in Kankakee, IL

Explore by feature - Washer/dryer

6 rentals with a washer/dryer in Kankakee, IL

Homes for sale near 265 S Washington Ave

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Off Market Homes Near 265 S Washington Ave

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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