355 E Bourbonnais St
Kankakee, IL 60901
- 6 Beds
- 2 Baths
$139,000
$139,000
6 Beds
2 Baths
Home Highlights
Parking
2 Parking Spaces
Climate Control
Heating only
Listed
4 days ago
Local Information
-- mins to
About this House
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 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.
Home Details for 355 E Bourbonnais St
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MLS Status: Price Change |
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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) |
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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 |
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Days on Market: 4 |
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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 |
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Price List Price: $139,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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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 |
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Listing Agent Listing ID: 12727256 |
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Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved |
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Lot Area: 4791.6 sqft |
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Special Conditions: None |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12727256 |
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ParkCurbsSidewalksStreet LightsStreet PavedSource Internet Consumer CommentSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD 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: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes |
Last check for updates: about 22 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.
Market trends in Kankakee
Last updated July 2026
Avg. sale price
$160K
$4.48KMoM
Sale-to-List Price
98.8%
Price per sq ft
$116
Available listings
78
3MoM
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $3,804 | $96,537 |
Home facts updated by county records
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Home Value
Trulia Estimate
$156KSince last month
Decreased$23K (-14.1%)Since last year
Increased$10K (+7.5%)Since last sale
Increased$19K (+15.7%)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 +449% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $139K |
| 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 |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $135,000 | 05/27/26 | 4 | 2 | - | |
0.17 | Multi-Family Home | $120,000 | 08/22/25 | 4 | 3 | - | |
0.16 | Multi-Family Home | $45,000 | 05/11/26 | 6 | 2 | - | |
0.49 | Multi-Family Home | $106,000 | 03/30/26 | 6 | 2 | - | |
0.24 | Multi-Family Home | $100,000 | 12/23/25 | 3 | 2 | - | |
0.44 | Multi-Family Home | $100,000 | 04/03/26 | 4 | 1 | - | |
0.49 | Multi-Family Home | $100,000 | 12/23/25 | 4 | 2 | - | |
0.39 | Multi-Family Home | $90,000 | 09/15/25 | 3 | 3 | - | |
0.39 | Multi-Family Home | $170,550 | 12/09/25 | 4 | 1 | - | |
0.42 | Multi-Family Home | $100,000 | 09/29/25 | 2 | 2 | - |
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 |
|---|---|---|---|---|---|---|
0.02 | $170,800 | 6 | 2 | - | Off Market | |
0.03 | $156,900 | 3 | 1 | 1,560 | Off Market | |
0.03 | $232,000 | 5 | 2 | 2,262 | Off Market | |
0.04 | $165,600 | 2 | 1 | 1,200 | Off Market | |
0.06 | $84,100 | 3 | 1 | 1,992 | Off Market | |
0.05 | $135,000 | 4 | 2 | - | Recently Sold | |
0.05 | $171,900 | 4 | 2.5 | 1,750 | Off Market | |
0.08 | $258,800 | 3 | 2 | 2,658 | Off Market | |
0.10 | $179,000 | - | - | - | For Sale | |
0.08 | $93,100 | 4 | 2 | - | Off Market | |
0.09 | $80,000 | 4 | 2 | 2,048 | For Sale |
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 355 E Bourbonnais St
- What is the estimated monthly payment for 355 E Bourbonnais St?Based on a $139,000 list price with 20% down at today's rates, the estimated monthly payment for 355 E Bourbonnais St in Kankakee, IL is approximately $1,061 (about $728 principal & interest, $258 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 $139,000, about 13% below the $160K 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.
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
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.

