355 E Bourbonnais St, Kankakee, IL 60901
Property image
Property image
FOR SALE

$133,900

Original price: $139,000
  • 6 Beds
  • 2 Baths

355 E Bourbonnais St, Kankakee, IL 60901

Est. Mortgage $1,062/mo*
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Home Highlights

Multi-Family
Built in 1903
2 Parking Spaces

Local Information

  • Map ViewExplore the area around 355 E Bourbonnais St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Vinyl windowsDurable vinyl sidingSpacious three bedroom unit
This solid two unit investment property offers exceptional income potential, with each spacious three bedroom unit boasting over thirteen hundred square feet of living space. Durable vinyl siding and vinyl windows complement a roof less than five years old, while a large attic presents exciting potential for conversion into a third unit. Utilities are separately metered, with tenants responsible for all costs except sewer, water, and garbage, and current rents of twelve hundred dollars per unit with matching security deposits make this a turnkey opportunity for any investor. Ideally located near the local farmers market and the river, this property combines strong cash flow with genuine long term upside. Don't miss your chance to add this promising investment to your portfolio.
Last check for updates: about 11 hours ago
Listing courtesy of: Paul Kirkpatrick, (815) 405-2964
Exclusive Realtors
Source: MRED as distributed by MLS GRID, MLS#12727256
Also Listed on MRED as distributed by MLS GRID.

Home Details for 355 E Bourbonnais St

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 12
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Appliances: Multiple Water Heaters, Gas Water Heater
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Concrete Perimeter
Parking & Garage
No Attached GarageParking Spaces: 2Parking: Off Alley,Yes
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 49

Property Information

Year Built
Year Built: 1903
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 161705114018

Price & Status

Price
List Price: $133,900
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: Kankakee Junior High SchoolJr High / Middle School District: 111High School: Kankakee High SchoolHigh School District: 111

Agent Information

Listing Agent
Listing ID: 12727256

Community

Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Lot Information

Lot Area: 4791.6 sqft

Listing Info

Special Conditions: None

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12727256

Additional Information

ParkCurbsSidewalksStreet LightsStreet PavedSource Internet Consumer CommentSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD 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
$129K
Since last month
Decreased$1K (-0.8%)
Since last year
Increased$300 (+0.2%)
Since last sale
Increased$9K (+7.5%)
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 +410% in the last 10 years
MonthEstimated value
2026
September 2026$129K
August 2026$130K
July 2026$167K
June 2026$162K
May 2026$164K
April 2026$152K
March 2026$144K
February 2026$140K
January 2026$127K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
529 S Indiana Ave, Kankakee, IL
0.05
Multi-Family Home
$135,000
05/27/26
4
2
-
427 S Chicago Ave, Kankakee, IL
0.16
Multi-Family Home
$45,000
05/11/26
6
2
-
312 S Evergreen Ave, Kankakee, IL
0.49
Multi-Family Home
$106,000
03/30/26
6
2
-
653 E River St, Kankakee, IL
0.24
Multi-Family Home
$100,000
12/23/25
3
2
-
436 S 4th Ave, Kankakee, IL
0.44
Multi-Family Home
$100,000
04/03/26
4
1
-
1019 E Bourbonnais St, Kankakee, IL
0.49
Multi-Family Home
$100,000
12/23/25
4
2
-
553 S 3rd St, Kankakee, IL
0.39
Multi-Family Home
$170,550
12/09/25
4
1
-
346 W Hickory St, Kankakee, IL
0.42
Multi-Family Home
$100,000
09/29/25
2
2
-
341 S 5th Ave, Kankakee, IL
0.56
Multi-Family Home
$105,000
11/24/25
3
2
-
345 S Washington Ave, Kankakee, IL
0.34
Multi-Family Home
$200,000
04/03/26
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
355-359 E Bourbonnais St, Kankakee, IL 60901
0.02
$166,700
6
2
-
Off Market
496 S Dearborn Ave, Kankakee, IL 60901
0.03
$156,500
3
1
1,560
Off Market
505 S Indiana Ave, Kankakee, IL 60901
0.03
$235,900
5
2
2,262
Off Market
515 S Indiana Ave, Kankakee, IL 60901
0.04
$162,800
2
1
1,200
Off Market
491 S Dearborn Ave, Kankakee, IL 60901
0.06
$85,500
3
1
1,992
Off Market
529 S Indiana Ave, Kankakee, IL 60901
0.05
$135,000
4
2
-
Recently Sold
456 S Indiana Ave, Kankakee, IL 60901
0.05
$173,200
4
2.5
1,750
Off Market
421 S Dearborn Ave, Kankakee, IL 60901
0.08
$263,300
3
2
2,658
Off Market
504 S Schuyler Ave, Kankakee, IL 60901
0.10
$179,000
-
-
-
For Sale
459 S Harrison Ave, Kankakee, IL 60901
0.08
$100,000
4
2
-
Off Market
405 S Harrison Ave, Kankakee, IL 60901
0.10
-
-
-
-
Off Market

Price and Tax history

DateEventPrice
Aug 27, 2026
Source: MRED as distributed by MLS GRID #12727256
PriceChange
$133,900
Price decreased by 4%
Aug 7, 2026
Source: MRED as distributed by MLS GRID #12727256
Listed For Sale
$139,000
Jul 30, 2024
Source: N/A
Sold
$120,000

LGBTQ Local Legal Protections

Paul Kirkpatrick, Exclusive Realtors
Agent Phone: (815) 405-2964
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 355 E Bourbonnais St

  • What is the estimated monthly payment for 355 E Bourbonnais St?
    Based on a $133,900 list price with 20% down at today's rates, the estimated monthly payment for 355 E Bourbonnais St in Kankakee, IL is approximately $1,072 (about $748 principal & interest, $249 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 355 E Bourbonnais St compare to homes in Kankakee?
    355 E Bourbonnais St in Kankakee, IL is listed at $133,900, about 28% below the $185K median sale price in Kankakee.
  • 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 355 E Bourbonnais St?
    The closest schools to 355 E Bourbonnais St in Kankakee, IL are John Kennedy Middle Grade School (Elementary, rated 3/10), Kankakee High School (rated 4/10), Kankakee Junior High School (rated 4/10).
  • Does 355 E Bourbonnais St have parking?
    Yes, 355 E Bourbonnais St in Kankakee, IL has on-site parking.
355 E Bourbonnais St, Kankakee, IL 60901 is a 6 bedroom, 2 bathroom multi-family built in 1903. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Aug 7, 2026. The MLS # for this home is MLS# 12727256.