O'Neil Property Group
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$290,000
60 Days On Site

543 S 3rd Avenue
Kankakee, IL 60901

For Sale|Multi Family|Active Under Contract
8
Beds
4
Total Baths
1960
Built
County:
Kankakee
Listing Courtesy of MRED as distributed by MLS Grid of Realty of America, LLC
543 S 3rd Avenue543 S 3rd Avenue543 S 3rd Avenue543 S 3rd Avenue
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Welcome to downtown Kankakee! Great opportunity in for the experienced investor looking to add cashflow to his investment, or for the first time buyer looking to house-hack! Walking distance from every amenity one could desire. Including grocery stores, gas stations, parks, museums, library, the list could go on! The Kankakee Riverfront project will be steps away! The building includes 4 similar units: 2 bed 1 bath, 800sqft/units. The building also has an unfinished basement with the opportunity for a laundry room. 2 Parking spots in the rear, 4 Parking spots in the front, and a 1.5 car garage for additional income. Tenants responsible for electric -all equipment is electric! (Heaters and water heaters!) Units have all been updated and rehabbed! All you need to do is is start collecting that cashflow!

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Listing Snapshot
Price 
$290,000
Days On Site 
60 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1960
MLS® Number 
12710105
Status 
Active Under Contract
Property Tax 
$3,892
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Active Under Contract
2 months agoListing first seen on site
General Features
Acres 
0.17
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
1.5
Parking 
No GarageDetachedOff StreetGarage
Parking Spaces 
5.5
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
MULTI
Interior Features
Basement 
UnfinishedPartial
Cooling 
Ceiling Fan(s)
Heating 
Electric
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Exterior Features
Construction Details 
Vinyl SidingBrick
Other Structures 
None
Community Features
MLS Area 
Kankakee
School District 
111
Township 
Kankakee
Schools
School District
111
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Realty of America, LLC



Based on information submitted to the MLS GRID as of 2026-09-26 03:57 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: 2026-09-26 03:57 PM UTC
MRED DMCA Copyright Information Copyright © 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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