Great investment opportunity! Check out this well-maintained two-unit building near the edge of town in desirable West Kankakee. The Lower unit features 2 beds 1 bath with a large eat-in kitchen. The Lower unit currently rents for 1100 tenant pays gas and electric. The upper unit has updated flooring 1 bedroom, 1 bath with kitchen and living area. This unit is rented for 850 tenant pays electric and gas. This property just passed all city code inspections and is ready to go! It would not only be a great investment opportunity but could be a unique opportunity for a first-time homebuyer to live in one unit and rent out the other unit to supplement the mortgage. Either way, don't miss out on this property schedule your showing today!
Multi-familyProperty Type
3,500 sq ftLot Size
Listed by Paul Kirkpatrick• Exclusive Realtors
Bought with Maurice Lynch• Diamond Real Estate Inc
Enter the investment game without breaking the bank. Take advantage of owning this income generating 2-unit in West Kankakee. Close proximity to restaurants, public transportation and essential amenities enhances it's appeal. This is a prime investment opportunity! *Serious buyers only. Please provide proof of funds or preapproval prior to showing. **Agent owned.
Public Records
Jul 14, 2005
Sold
$80,000
Year
Property tax
Land + Additions
Assessment*
2025
$4,030 (+6.3%)
$4,348 + $32,044
$36,392
2024
$3,791 (+3.8%)
$3,831 + $28,233
$32,064
2023
$3,653 (+7.5%)
$3,413 + $25,152
$28,565
2022
$3,398 (+6.0%)
$2,987 + $22,015
$25,002
2021
$3,207 (+7.8%)
$2,987 + $22,015
$25,002
2020
$2,975 (+4.9%)
$2,703 + $19,923
$22,626
2019
$2,835 (+3.9%)
$2,430 + $17,908
$20,338
2018
$2,730 (−10.7%)
$2,260 + $16,659
$18,919
2017
$3,057 (+6.7%)
$2,093 + $15,425
$17,518
2016
$2,865 (+0.4%)
$2,047 + $15,086
$17,133
2015
$2,853 (−6.4%)
$2,048 + $15,623
$17,671
2013
$3,049
$2,133 + $18,320
$20,453
Tax history for 368 S Foley Ave
Year
Property tax
Land + Additions
Assessment*
2025
$4,030 (+6.3%)
$4,348 + $32,044
$36,392
2024
$3,791 (+3.8%)
$3,831 + $28,233
$32,064
2023
$3,653 (+7.5%)
$3,413 + $25,152
$28,565
2022
$3,398 (+6.0%)
$2,987 + $22,015
$25,002
2021
$3,207 (+7.8%)
$2,987 + $22,015
$25,002
2020
$2,975 (+4.9%)
$2,703 + $19,923
$22,626
2019
$2,835 (+3.9%)
$2,430 + $17,908
$20,338
2018
$2,730 (−10.7%)
$2,260 + $16,659
$18,919
2017
$3,057 (+6.7%)
$2,093 + $15,425
$17,518
2016
$2,865 (+0.4%)
$2,047 + $15,086
$17,133
2015
$2,853 (−6.4%)
$2,048 + $15,623
$17,671
2013
$3,049
$2,133 + $18,320
$20,453
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3,495 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Kankakee County
APN
161601202008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Property details
Parking
Parking Information
Parking: None
Interior
Bathroom Information
# of Baths (Full): 2
Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3
Additional Rooms Information
Basement: Full
Basement Description: Unfinished,Concrete Block
Interior Features
# of Rooms: 7
Exterior
Building Information
# Of Units in Building: 2
Exterior Building Type: Vinyl Siding
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 16160120200800
Lot Information
Dimensions: 50X70
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $3,652.50
Tax Year: 2023
Financial Information
Finance Code: FHA
Special Service Area: N
Gross Income: $23,400
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas
Location
Unit Type 1 Information
Floor Number: 1
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 1100
Rent: $1,100
Tenant Pays: Electric,Gas
Lease Expiration Date: 2 YR.
Unit Type 2 Information
Floor Number: 2
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: $850
Rent: $850
Tenant Pays: Electric,Gas
Lease Expiration Date: 1 YR.
School Information
Elementary School District: 111
Middle Or Junior School District: 111
High School District: 111
Location Information
Township: Kankakee
Corporate Limits: Kankakee
Directions: Take Court Street going west to Rt. 17 West. Turn left on S. Foley. 2nd house on left.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 3,495 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Kankakee County
APN: 161601202008
Home facts updated by county records on Sep 2, 2026
Other
Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No
Around this home
Schools
John Kennedy Middle Grade School
Public 2-6 • Assigned • 0.6mi
3/10
Kankakee Junior High School
Public 7-8 • Assigned • 3.2mi
4/10
Kankakee High School
Public 9-12 • Assigned • 1.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 104° expected this year, 16 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Kankakee, IL • 60901
Average low and high temperatures (°F)
30
15
40
22
57
35
65
44
72
50
82
63
86
68
81
62
80
55
70
46
51
36
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$140,000 – $169,000
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