Listing provided courtesy of Exclusive RealtorsMREDas Distributed by MLSGrid- MLS# 12649319MLS Provider

946 S Schuyler AvenueKankakee, IL 60901

Multi-Family · 3 Beds · 0.17 Acres
$147,400 Active

946 S Schuyler Avenue Overview

Time on Site:
42 days
Visits:
0

This exceptional investment property in desirable Kankakee, Illinois, strategically positioned just off Schuyler near the local farmers market and within walking distance to the river, presents a compelling opportunity for local investors. The well-maintained three-unit building features two spacious one-bedroom apartments, one on the main floor and one on the upper level, alongside an efficient studio unit with charming loft space, all currently occupied by reliable long-term tenants providing steady, consistent income at 550 dollars monthly for the efficiency unit, 600 dollars for the upper one-bedroom, and 900 dollars for the main floor one-bedroom, with tenants responsible for gas and electric while the landlord maintains water, sewer, and garbage services. The property boasts superior curb appeal with updated Dutch lap vinyl siding and a durable architectural roof, featuring wrapped windows and soffits ensuring the new owner will not have to paint the windows or soffits during the rental relicensing process upon sale, while the practical basement exterior access ensures convenient maintenance without disrupting tenant occupancy, and the property offers street parking with additional parking spaces in the back for tenants. Schedule your showing today. 24hr notice needed.

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946 S Schuyler Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.17 Acres

Details

General

School Information

  • School District: 111
  • Elementary School: Taft Primary School
  • Middle Or Junior School: John Kennedy Middle Grade School
  • High School: Kankakee High School

Income/Expenses

  • Maintenance Expense: 0
  • Net Operating Income: 11066

Building Information

  • New Construction: No
  • Year Built: 1905

Location/Region

  • County Or Parish: Kankakee
  • MLS Area Major: Kankakee
  • Township: Kankakee

Community/Development

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

Tax Information

  • Tax Annual Amount: $3,025.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16170531100400
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Bedrooms Possible: 3
  • Full Baths Building: 3

General Information

  • Basement: Unfinished, Exterior Entry, Full
  • Foundation Details: Block, Stone
  • Heating: Natural Gas, Electric, Forced Air
  • Rooms Total: 7
  • Window Features: Screens

Exterior

Parking Information

  • Parking Features: Off Alley, Off Street, Yes, Owned
  • Parking Total: 4

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Size Dimensions: 50X150
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt

General Information

  • Exterior Features: Balcony
  • Other Structures: None
  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 550
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 600
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 900
  • Beds Total: 1
  • Baths Total: 1

946 S Schuyler Avenue Neighborhood

Community

60901 (Kankakee) Demographics

37
Median Age
362
Population Density (per sq. mile)
23%
College Educated
$49,090
Estimated Median Income
7,844
Estimated Total Home Owners
5,518
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

946 S Schuyler Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

946 S Schuyler Avenue Market Data

Based on the last 30 days in this zip code

$225,943
Average List Price
$132
Average Price per Square Foot
16
Properties Sold
88
Average Days on Market
97
Properties for Sale
Calculations provided by Reliance Network

946 S Schuyler Avenue History

Date Event Value Agent
6/25/2026Source: MRED Status Change
Active
6/19/2026Source: MRED Price Reduction
$147,400 -1.7%
6/19/2026Source: MRED Status Change
Price Change
5/23/2026Source: MRED Status Change
Active
5/18/2026Source: MRED Added to Database
May 18, 2026
6/20/2022Source: MRED Added to Database
February 17, 2022
4/5/2022Source: MRED Status Change
Closed
2/21/2022Source: MRED Status Change
Contingent