716 W 3RD Street Kewanee, IL $ 145,000
716 W 3RD Street
$ 145,000
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716 W 3RD Street

Kewanee, IL, 61443
$ 145,000
Baths4.0

Monthly Estimate*

$ 893

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Studio

Multi-Family Home for sale in Kewanee, IL

for $145,000 with 4 full baths. This home was built in 1907 on a lot size of 0.19.

Great cash flow in this triplex with 2 - 2bed, 1 bath units and 1 very large unit with 3 bed, 2 bath. One unit currently vacant but building has a strong rental history. New metal roof 2025! Full rehab with new vinyl double hung windows, insulation and siding with full tear-off 2020-2021. New 40 gallon water heater installed 7/2025, comes with 9 year warranty. Apt 1: 2,000 sq ft. Carpets in living room, back bedroom and master bedroom 2018. Laminate flooring 2019 in 3rd bedroom and in hallway and mudroom 2022. Luxury vinyl plank in kitchen and laundry 2019. Electric and gas hook ups in laundry room. New exterior front porch and stairs 2021. New sliding glass door and front picture window 2021. New exterior main door and storm door 2022. Rent $800 but could be higher. Apt 2: Remodeled 2020. New kitchen includes: Cabinets, sink, windows, luxury vinyl plank flooring, & GFCI protected outlets. New electric service panel, furnace, toilet and interior doors 2020. Plumbed for in unit washer and electric dryer- 2024. Large dining, living and bathroom with laminate flooring in living and dining room. New gas furnace 2019. Rent - $650. Apt 3: New carpet in bedrooms and living room 2019. New vinyl plank flooring kitchen and bathroom 2024. Large furnace work completed 2020 and upgraded plumbing 2024. New kitchen faucet, toilet, electric service panel and electric wiring 2019. Kitchen exhaust fan 2021. Rent -$600. Owner is licensed real estate agent in IL/IA.

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Multi-Family Active

Price

$ 145,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 757

Style

Lot Size

0.19

Year Built

1907

Town/City

Kewanee

County/Region

Henry

MLS | Web ID

QC4262286

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Subject To Tenant Rights
Construction Materials Vinyl Siding
Year Built 1907
Township Kewanee
Tax Year 2023
Ownership Fee Simple
Gross Income 24600
County Henry
Net Operating Income 19277
Insurance Expense 1878
New Construction N
Property Type Residential Income Two to Four Units
Energy Efficient Water Heater
MaintenanceExpense 1025
Total Rooms 22
Full Baths 4
Status Active
Directions S on Exit 27 from I-80 onto County Rd 5 Left on IL Hwy 81 Rt on Rice St Left on W 3rd
High School KewaneeHS
City Kewanee
High School District 229
MLS Area Kewanee
Elementary School IrvingEl
Tax Annual Amount 757.38
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 1663
Standard Status Active
Middle/Junior School District 229
Elementary School District 229
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Interior
Basement Full
Total Fireplaces 0
Half Baths 0
Total Baths 0
Bedrooms Possible 7
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Alley Access Guest Other
Lot Features Level
Water Source Public
Total Parking 0
Foundation Details Brick/Mortar
Lot Dimensions 56 x 145
Lot Size Acres 0.19
Waterfront Y/N N
Other Equipment Water Heater-Gas
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* Excluded Features
List By
Ruhl&Ruhl Realtors Moline

Broker

salvaldez@ruhlhomes.com

Email

Affordability Calculator

$956
Per Month
93%
7%
0%
Monthly Principal & Interest
$893
Monthly Property Taxes
$63
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
5370490 Elementary School
565252 Middle School
KewaneeHS High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$145,000 -1.69% Price Down
12/19/2025$147,500 Listed Price

Map


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716 W 3RD Street, Kewanee, IL, 61443 is a Multi-Family Home for sale at $145,000 with a lot size of 0.19. 716 W 3RD Street is a studio with 4.0 baths and was built in 1907. The property's zip code is 61443 which is in Kewanee, IL