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312 N 5th Avenue Kankakee, IL $ 70,000
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$ 70,000 Get more info
312 N 5th Avenue
$ 70,000
Back to search
Share Save

312 N 5th Avenue

Kankakee, IL, 60901
$ 70,000
Bedrooms3 Baths2.0

Monthly Estimate*

$ 431

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Multi-Family Home for sale in Kankakee, IL

for $70,000 with 3 bedrooms and 2 full baths.

Great investment opportunity in Kankakee! This 2 unit property sits next to the 5th Avenue Community Garden and offers excellent income potential. The main level unit features 1 bedroom, a living/dining room, 1 bathroom and kitchen. The upper level unit offers 2 bedrooms, 1 bathroom and kitchen. Brand new exterior stairs (2023) provide safe and easy access to upper level. Both units share a backyard shed, perfect for lawn equipment and each unit has a brand new water heater installed in 2023. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers great versatility and rental income potential.

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Multi-Family Contingent

Price

$ 70,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,080

Style

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12503103
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Frame
Township Kankakee
Tax Year 2024
Ownership Fee Simple
County Kankakee
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 8
Status Contingent
Directions I57 South and exit Court Street turn right on N 5th Ave home is on east side of road.
City Kankakee
High School District 111
MLS Area Kankakee
Tax Annual Amount 3080.06
Standard Status Active Under Contract
Middle/Junior School District 111
Elementary School District 111
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Interior
Basement Unfinished Full
Total Bedrooms 3
Total Baths 2
Bedrooms Possible 3
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Unassigned Yes
Water Source Public
Total Parking 2
Lot Dimensions 37.5x125
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Berkshire Hathaway Homeservices Speckman Realty

Broker

annie@anniemitchell.com

Email

Affordability Calculator

$688
Per Month
63%
37%
0%
Monthly Principal & Interest
$431
Monthly Property Taxes
$257
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566955 Elementary School
566932 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/29/2025$70,000 -12.50% Price Down
10/25/2025$80,000 -5.88% Price Down
10/24/2025$85,000 Listed Price

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312 N 5th Avenue, Kankakee, IL, 60901 is a Multi-Family Home for sale at $70,000. 312 N 5th Avenue has 3 bedrooms and 2.0 baths. The property's zip code is 60901 which is in Kankakee, IL

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