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273 S 3rd Avenue Kankakee, IL $ 160,000
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$ 160,000 Get more info
273 S 3rd Avenue
$ 160,000
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273 S 3rd Avenue

Kankakee, IL, 60901
$ 160,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 985

273 S 3rd Avenue, Kankakee, IL 60901 - Image 1
273 S 3rd Avenue, Kankakee, IL 60901 - Image 2
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273 S 3rd Avenue, Kankakee, IL 60901 - Image 5
273 S 3rd Avenue, Kankakee, IL 60901 - Image 6
273 S 3rd Avenue, Kankakee, IL 60901 - Image 7
273 S 3rd Avenue, Kankakee, IL 60901 - Image 8
273 S 3rd Avenue, Kankakee, IL 60901 - Image 9
273 S 3rd Avenue, Kankakee, IL 60901 - Image 10
273 S 3rd Avenue, Kankakee, IL 60901 - Image 11
273 S 3rd Avenue, Kankakee, IL 60901 - Image 12

Multi-Family Home for sale in Kankakee, IL

for $160,000 with 6 bedrooms and 3 full baths. This home was built in 1895 on a lot size of 0.08.

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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Multi-Family Active

Price

$ 160,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,023

Style

Lot Size

0.08

Year Built

1895

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12610981
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Construction Materials Vinyl Siding
Year Built 1895
Township Kankakee
Tax Year 2023
Ownership Fee Simple
Gross Income 2740
County Kankakee
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status New
Directions Court St (Rt 17) to 3rd Ave South to property.
City Kankakee
High School District 111
MLS Area Kankakee
Tax Annual Amount 3023.52
Standard Status Active
Middle/Junior School District 111
Elementary School District 111
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Interior
Basement Unfinished Full
Total Bedrooms 6
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 25 X 150
Lot Size Acres 0.08
Waterfront Y/N N
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* Excluded Features
List By
Green Real Estate

Broker

isaiahgreenrealtor@gmail.com

Email

Affordability Calculator

$1,237
Per Month
80%
20%
0%
Monthly Principal & Interest
$985
Monthly Property Taxes
$252
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
4/6/2026$160,000 Listed Price

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273 S 3rd Avenue, Kankakee, IL, 60901 is a Multi-Family Home for sale at $160,000 with a lot size of 0.08. 273 S 3rd Avenue has 6 bedrooms, 3.0 baths, and was built in 1895. The property's zip code is 60901 which is in Kankakee, IL

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