491 S Chicago Avenue

Kankakee, IL 60901

ValueAdd Triplex With Seller Financing - 491 S Chicago Ave, Kankakee Cash preferred for $100K down, seller carry first, and quick close. Already priced to sell. Seller has other interests and is ready to move this property. Value supported by a recent appraisal. All offers and credit types considered. This triplex offers a strong valueadd opportunity with over $50,000 in recent upgrades already completed, providing builtin equity for the next owner. The property has a solid rental history and currently includes one habitable unit. The remaining two units need interior completion, including appliances, wall finishing, and flooring-allowing the new owner to choose the design and finishes. Once completed, the property is wellpositioned for rental demand in the Kankakee market.

Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2026-05-09 09:47 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-09 09:47 AM UTC
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