Single Family Investment Properties for Sale in Kankakee, IL
Listed for sale 2 days ago
$ 187,777
ROI
23.0
Cash Flow/m
172- 4 Bed
- 2 Bath
- 1700 sft
250 N Hammes Ave, Kankakee, IL, 60901
Currently Rented
Fix & Flip
Listed for sale 3 days ago
$ 140,000
ROI
22.3Cash Flow/m
98- 3 Bed
- 1 Bath
- 1005 sft
1936 E Marmion St, Kankakee, IL, 60901
Listed for sale 5 days ago
$ 199,900
ROI
28.3Cash Flow/m
473- 3 Bed
- 1 Bath
- 1116 sft
435 S Cannon Ave, Kankakee, IL, 60901
Listed for sale 7 days ago
$ 219,900
ROI
25.2Cash Flow/m
335- 3 Bed
- 2 Bath
- 1352 sft
11 Strasma South Dr, Kankakee, IL, 60901
Why Invest in Kankakee, Illinois?
Considering single-family investments in Kankakee, IL? The area offers attractive rental yields and a growing demand for housing. With average cash flow figures supporting a sound investment, Kankakee's market reflects a promising appreciation trend for home values.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Kankakee is approximately $1,200 per month, making it competitive in the region.
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