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Sold on 05/30/2025
Richard Harnik of First Midwest Realty LLC
  • Exterior
  • Other
  • Living
  • Kitchen
  • Bedroom
  • Bath
  • View/Area

357-359 E Hickory St, Kankakee, IL 60901

  • $129,000

    Last sold 05/30/2025 for $157K

  • 4

    bed

  • 3

    bath

Multi-family not for sale
Movoto is helping 12 homebuyers near you

About 357-359 E Hickory St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Movoto estimate
Property description
**Unleash Investment Potential with a 3 unit CASH FLOW property** This well maintained 3-unit property is primed for immediate returns. Boasting a fully remodeled 2-bedroom unit and individual utilities for each of the three units (separate central air, furnace, and water heater), this is a hassle-free investment opportunity. Enjoy peace of mind with a new roof installed in 2017 and AC units upgraded in 2014. The location is unmatched, directly adjacent to a free city lot with ample parking and nestled in a sought-after neighborhood near restaurants, shopping, and vibrant downtown events. Capitalize on the future with its proximity (15 minutes!) to the new Gotion electric vehicle battery facility in Manteno, projected to employ over 2,500 people! Too many upgrades to list - details available in the attached documents. **This is a must-see for serious investors seeking a performing property!**
Listed by
Listing Agent - Richard Harnik
Listing Office - First Midwest Realty LLC
Source: MRED mls logo
MLS#12321500 • last updated 10 months ago
Movoto checked MRED for data 19 minutes ago
Overview
Levels/Style Traditional
MLS # 12321500
Status Closed
Type Two To Four Units
Property Tax $ 2937.98
Year Built 1900
Interior
Total # of Rooms 10
Exterior
Foundation Block
Roof Asphalt
Construction Vinyl Siding
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 3
Location
Area Kankakee
County Kankakee
Elementary School District 111
Middle School District 111
High School District 111
APN 16170510801800
Zoning MULTI
Multifamily Details
Expense: Insurance 2177
Net Operating Income 26700
Gross Income 26700
Expense: Trash 1895
Expense: Water/ Sewer 1208
Total Rental Income 26700
$129K
Range: $73.5K-$184K
Last 30 days 
  • Jul 2025
    mls logo MLS # 12321500
  • Jul 10, 2025 Sold
    $157,000 (-3.7%)
  • May 30, 2025 Active
    —
  • Apr 29, 2025 Price Change
    $163,000 (-4.1%)
  • Mar 26, 2025 Listed
    $169,900
  • Jul 2024
    mls logo MLS # 12102471
  • Jul 5, 2024 Listed
    $169,900 (+6.3%)
  • Dec 2023
    mls logo MLS # 11927488
  • Dec 6, 2023 Price Change
    $159,900 (-3.0%)
  • Nov 20, 2023 Listed
    —
  • Nov 15, 2023 Active
    —
  • Nov 9, 2023 Listed
    $164,900
  • 357-359 E Hickory St
    $157K
  • Kankakee
    —
  • 60901
    $189K +15% y/y
  • Kankakee
    $189K +15% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
2/10
Steuben Elementary School
public Grades PK, K-3
Kankakee School District 111
3/10
John Kennedy Middle Grade School
public Grades 2-6
Kankakee School District 111
2/10
Kankakee Junior High School
public Grades 7-8
Kankakee School District 111
1/10
Kankakee High School
public Grades 9-12
Kankakee School District 111
Source: GreatSchools.org © 2026. All rights reserved.

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