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$160,000
218 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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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
PriceΒ
$160,000
Days On SiteΒ
218 Days
BedroomsΒ
6
Inside Area (SqFt)Β
N/A
Total BathsΒ
3
Full BathsΒ
N/A
Partial BathsΒ
N/A
Lot SizeΒ
0.08 Acres
Year BuiltΒ
1895
MLS NumberΒ
12610981
StatusΒ
Active Under Contract
Property TaxΒ
$3,023.52
HOA/Condo/Coop FeesΒ
N/A
Sq Ft SourceΒ
N/A
Friends & Family
Recent Activity
| 6 months ago | Listing updated with changes from the MLS | |
| 6 months ago | Status changed to Active Under Contract | |
| 7 months ago | Listing first seen on site |
General Features
AcresΒ
0.08
Property Sub TypeΒ
Multi Family
SewerΒ
Public Sewer
Water SourceΒ
Public
ZoningΒ
MULTI
Interior Features
BasementΒ
UnfinishedFull
HeatingΒ
Natural Gas
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Exterior Features
Construction DetailsΒ
Vinyl Siding
Community Features
MLS AreaΒ
Kankakee
School DistrictΒ
111
TownshipΒ
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 2026-11-11 03:07 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: 2026-11-11 03:07 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.
Based on information submitted to the MLS GRID as of 2026-11-11 03:07 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: 2026-11-11 03:07 AM UTC
MRED DMCA Copyright Information Copyright Β© 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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