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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Kankakee, IL
Listed for sale 1 day ago
$ 269,000
ROI
28.2
Cash Flow/m
634- 4 Bed
- 2 Bath
- 1600 sft
2857 River Rd, Kankakee, IL, 60901
Listed for sale 1 day ago
$ 199,900
ROI
20.2Cash Flow/m
23- 2 Bed
- 2 Bath
- 1500 sft
846 N 5th Ave, Kankakee, IL, 60901
Listed for sale 5 days ago
$ 375,000
ROI
30.3Cash Flow/m
1097- 3 Bed
- 3 Bath
- 2515 sft
6 Marquette Ln, Kankakee, IL, 60901
Listed for sale 5 days ago
$ 325,900
ROI
22.4Cash Flow/m
239- 4 Bed
- 2 Bath
- 2149 sft
1496 W Lotus Ln, 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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