High Yield Properties in Kankakee, IL (8%+ Yield) | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

High Rental Yield Investment Properties for Sale in Kankakee, IL

Property at 1801 E Duane Blvd, Kankakee, IL
Listed for sale today
$ 229,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign272
  • 3 Bed
  • 2 Bath
  • 1200 sft
1801 E Duane Blvd, Kankakee, IL, 60901
Property at 878 S Wildwood Ave, Kankakee, IL
Listed for sale today
$ 222,500
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign40
  • 4 Bed
  • 3 Bath
  • 2380 sft
878 S Wildwood Ave, Kankakee, IL, 60901
Property at 357 S Rosewood Ave, Kankakee, IL
Rental Income
Listed for sale 1 day ago
$ 200,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign291
  • 6 Bed
  • 2 Bath
  • - sft
357 S Rosewood Ave, Kankakee, IL, 60901
Property at 265 S Washington Ave, Kankakee, IL
Currently Rented
Rental Income
Listed for sale 1 day ago
$ 155,000
ROI
31.5ROI percentage
Cash Flow/m
Dollar sign507
  • 6 Bed
  • 2 Bath
  • - sft
265 S Washington Ave, Kankakee, IL, 60901

Why Invest in Kankakee, Illinois?

Investing in Kankakee, IL offers strong rental yield potential, especially for properties yielding high cash flow. The area has experienced a stable rental market, with an average rent of around $1,100, making it an attractive option for investors seeking reliable returns.

7.5%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Kankakee is around 8.2%, making it a favorable market for property investors.

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