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1525 E Risser St, Kankakee, IL 60901
About this home
KANKAKEE - MULTIFAMILY 8 UNIT FOR SALE. Four - 2 bedroom/1 Bathroom units and Four - 1 bedroom/1bathroom units, Building is in good condition, fully occupied and a great income producer! Call today!
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Market trends in 60901, IL
Last updated August 2026
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Sale history for 1525 E Risser St

KANKAKEE -- 8 unit building fully leased. Three - 2 bdrm units and Five - 1 berm units, plus coin operated laundry and storage area. New roof 2011 and newer siding. Large lot for parking, Inside keyed mailboxes, all units come with stove, fridge and wall a/c units as well as own storage locker. Sold as Is. Financials available upon request.
** Price available after signing in.
Tax history for 1525 E Risser St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Outdoor Parking: 6-12 Spaces
Interior
- Equipment
- # Of Ranges: 8
Exterior
- Building Information
- # of Units: 8
- Exterior Building Type: Vinyl Siding
- Built Before 1978 (Y/N): Yes
- Roof: Fiberglass
- Foundation Details: Concrete Perimeter
- Construction Materials: Wood Frame
- Property Information
- Property Type: Multi Family 5+
- Parcel Number: 16170410900700
- Land Information
- Land Amenities: Curbs and Gutters,Sidewalks
- Lot Information
- Dimensions: 142X61
- Frontage Type: City Street
- Zoning: MULTI
Financial
- Tax Information
- Tax Annual Amount: $5,841.44
- Tax Year: 2023
- Financial Information
- Finance Code: Conventional
- Gross Rent Multiplier: 5.8
- Total Monthly Income: $70,855
- Gross Income: $85,020
Utilities
- Heating & Cooling
- Heat/Ventilation: Hot Water
- Cooling: Wall Sleeve
Location
- Unit Type 1 Information
- # of Rooms: 4
- # of Bedrooms: 2
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- # of Units: 4
- Monthly Income: $900
- Monthly Income Max: $1,000
- Unit Type 2 Information
- # of Rooms: 3
- # of Bedrooms: 1
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- # of Units: 4
- Monthly Income: $700
- Monthly Income Max: $885
- Unit Type 3 Information
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Unit Type 4 Information
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Location Information
- Township: Kankakee
- Directions: Court St to Nelson, turn south to Risser, turn left onto Risser, building is on the left.
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 8,572 square feet
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Kankakee County
- APN: 161704109007
Other
- Listing Information
- Possession: Closing
- Some Photos Virtually Staged?: No
Around this home
Schools
Public 3-6 • Assigned • 0.2mi
Public 7-8 • Assigned • 0.6mi
Public 9-12 • Assigned • 2.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 16 days in 30 years
1% chance of strong winds in next 30 years
2 unhealthy days expected this year, 3 days in 30 years
Sun exposure
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Nearby similar homes
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Home values near 1525 E Risser St
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $83,552 |
- Beds | - Baths | - Sq. Ft. | $64,894 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1012 Sq. Ft. | $41,960 |
4 Beds | 1 Baths | 1620 Sq. Ft. | $15,191 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1232 Sq. Ft. | $50,566 |
- Beds | - Baths | - Sq. Ft. | $101,041 |
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