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$160,000
37 Days On Site
273 S 3rd AvenueKankakee, IL 60901
For Sale|Multi Family|Active Under Contract
6
Beds
3
Total Baths
1895
Built
County:
Kankakee
Listing Courtesy of MRED as distributed by MLS Grid of Green Real Estate




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Monthly Payment (Est.)
$730Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ยฉ2026 Information is deemed reliable but not guaranteed.
Prime Investment Opportunity: Fully-Leased Income Property in Kankakee, IL. This property offers cash flow with full occupancy, generating a total monthly rent of 2,740 across all units. Each unit is fully leased as follows:273 S 3rd Ave, Unit 1: Rented at 950/month 275 S 3rd Ave, Unit 1: Rented at 850/month 275 S 3rd Ave, Unit 2: Rented at 790/month This turn-key investment is ideal for portfolio growth, with stable, long-term tenants under active leases, ensuring immediate and ongoing revenue. Don't miss out on this fully-leased property delivering 2,590 in monthly rent right from the start! The interior photos are of Units 2 and 3, taken prior to the tenants moving in.
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Listing Snapshot
Priceย
$160,000
Days On Siteย
37 Days
Bedroomsย
6
Inside Area (SqFt)ย
N/A
Total Bathsย
3
Full Bathsย
N/A
Partial Bathsย
N/A
Lot Sizeย
0.08 Acres
Year Builtย
1895
MLSยฎ Numberย
12610981
Statusย
Active Under Contract
Property Taxย
$3,023.52
HOA/Condo/Coop Feesย
N/A
Sq Ft Sourceย
N/A
Friends & Family
Recent Activity
| a week ago | Listing updated with changes from the MLSยฎ | |
| a week ago | Status changed to Active Under Contract | |
| a month ago | Listing first seen on site |
General Features
Acresย
0.08
Property Sub Typeย
Multi Family
Sewerย
Public Sewer
Water Sourceย
Public
Zoningย
MULTI
Interior Features
Basementย
UnfinishedFull
Heatingย
Natural Gas
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Exterior Features
Construction Detailsย
Vinyl Siding
Community Features
MLS Areaย
Kankakee
School Districtย
111
Townshipย
Kankakee
Schools
School District
111
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Green Real Estate
Based on information submitted to the MLS GRID as of 2026-05-14 02:08 PM 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: 2026-05-14 02:08 PM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.
Based on information submitted to the MLS GRID as of 2026-05-14 02:08 PM 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: 2026-05-14 02:08 PM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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