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247 W Merchant St, Kankakee, IL 60901
About this home
KANKAKEE - 9 UNIT ROOMING HOUSE - The downstairs consists of 4 single rooms and a community kitchen, 1 common bathroom, and a common Laundry Room. The upstairs has 5 single rooms and 1 common bathroom. The property does carry a rental license and management is available if needed. Great income producing property!! Call today!
Redfin Estimate
Market trends in 60901, IL
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
+0.0% MoM
- EARLY ACCESS
970 S Chicago Ave, Kankakee, IL 60901 See all
Provided by Redfin
Sale history for 247 W Merchant St
Tax history for 247 W Merchant 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
Exterior
- Building Information
- # of Units: 9
- Built Before 1978 (Y/N): Yes
- Roof: Fiberglass
- Construction Materials: Stucco
- Property Information
- Property Type: Multi Family 5+
- Parcel Number: 16093233001000
- Lot Information
- Dimensions: 65X75X85X62
- Frontage Type: City Street
- Zoning: MULTI
Financial
- Tax Information
- Tax Annual Amount: $2,404.38
- Tax Year: 2024
- Financial Information
- Finance Code: Other
- Gross Rent Multiplier: 3.4
- Total Monthly Income: $4,000
- Gross Income: $48,000
Utilities
- Heating & Cooling
- Heat/Ventilation: Gas
- Cooling: Window Unit(s)
Location
- Unit Type 1 Information
- # of Rooms: 1
- # of Bedrooms: 1
- # of Units: 9
- Monthly Income: $430
- Monthly Income Max: $600
- Location Information
- Township: Kankakee
- Directions: I-57 SOUTH EXIT 312 KANKAKEE, TURN R ON IL-17(COURT ST) TURN L ONTO S. WASHINGTON AVE. & R ONTO W. MERCHANT.
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 4,861 square feet
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Kankakee County
- APN: 160932330010
Other
- Listing Information
- Some Photos Virtually Staged?: No
Around this home
Schools
Public 2-6 • Assigned • 1.0mi
Public 7-8 • Assigned • 1.9mi
Public 9-12 • Assigned • 1.4mi
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 105° expected this year, 16 days in 30 years
1% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
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Nearby similar homes
New listings for sale in 60901
Home values near 247 W Merchant St
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $44,428 |
- Beds | - Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $84,338 |
4 Beds | 4 Baths | - Sq. Ft. | $134,461 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 832 Sq. Ft. | $54,541 |
- Beds | - Baths | - Sq. Ft. | $119,281 |
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