Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Kankakee, IL
Currently Rented
Fix & Flip
Listed for sale 1 day ago
$ 177,000
ROI
32.3
Cash Flow/m
616- 6 Bed
- 3 Bath
- - sft
271-5 N West Ave, Kankakee, IL, 60901
Currently Rented
Fix & Flip
$ 130,000
ROI
32.5Cash Flow/m
460- 4 Bed
- 2 Bath
- - sft
1020 E Court St, Kankakee, IL, 60901
Fix & Flip
$ 249,000
ROI
21.7Cash Flow/m
133- 3 Bed
- 2 Bath
- 1288 sft
2961 W 2000s Rd, Kankakee, IL, 60901
Fix & Flip
$ 185,000
ROI
32.2Cash Flow/m
638- 3 Bed
- 2 Bath
- 1300 sft
1740 E Duane Blvd, Kankakee, IL, 60901
Why Invest in Kankakee, Illinois?
Investing in Kankakee, IL, particularly in fix-and-flip properties, presents a unique opportunity. The area has been experiencing a rising demand for renovated homes, with average cash flows showing promising potential. With a rental yield of 8% and average rents around $1,100, this is a market worth exploring.
15%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investors in Kankakee can expect an average ROI of around 15% for fix-and-flip properties, making it a lucrative market for renovation projects.
Find Your Perfect Investment Property in Kankakee, Illinois
Explore investment opportunities by strategy, performance, or property type
