154 E Third Street
Manteno, IL, 60950 $ 115,000
Bedrooms4 Baths2.0 Monthly Estimate*
$ 726
for $115,000 with 4 bedrooms and 2 full baths. This home was built in 1890 on a lot size of 0.16.
CASH ONLY-WILL NOT QUALIFY FOR FINANCING. ZONED FB1. INVESTORS WELCOME! Tons of charm, character, and potential in this unique property offering a flexible layout and multiple possibilities. Currently configured as a 2-unit property, the main-level unit offers 1-2 bedrooms, 1 full bathroom, family room, kitchen, pantry, and a charming season room. The upper unit features 2 bedrooms, 1 full bathroom, full kitchen, and living room. The property could also work well for related living or potentially be converted into a 3-4 bedroom, 2-bath single-family home, subject to buyer verification of zoning and applicable requirements. The exterior is ready for your vision, featuring a newer roof on the home and garage (estimated 6-8 years old), siding in fantastic condition, and a newer concrete driveway providing parking for approximately 3 vehicles, completed about 2 years ago. A spacious 448 sq. ft. deck provides additional outdoor living space. The basement also features professionally installed drainage tile and a new sump pump, completed approximately 5-6 years ago. Step inside and imagine the possibilities! You'll find beautiful tall ceilings, original trim, potential original hardwood flooring beneath some carpeting, and an original front wooden staircase full of character. The covered front porch features charming exposed beams and is the perfect spot to enjoy your morning coffee. Additional features include two separate electric meters, while water and gas are shared. Both units currently utilize one common address. The detached 2-car garage offers additional storage and workspace but does need some TLC. Property is being sold STRICTLY AS-IS. Buyer is responsible for conducting their own due diligence regarding zoning, permitted uses, unit configuration, utilities, city requirements, ordinances, inspections, and any potential conversion or renovation plans. Buyer should independently verify all information regarding the existing or potential 2-unit configuration. Seller will make no repairs or representations regarding future use. Room dimensions are estimated and should not be considered exact; buyer to verify all measurements. Bring your vision and unlock the potential this property has to offer!
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FeaturesExteriorModel 2 Story
Parking Features No Garage Yes Garage Owned Detached Driveway Owned Garage
Water Source Public
Total Parking 5
Lot Dimensions 50x141
Lot Size Acres 0.16
Waterfront Y/N N
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GeneralSewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning OTHER
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1890
Township Manteno
Tax Year 2025
Ownership Fee Simple
County Kankakee
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 8
Status New
Directions Route 50 to East on E 3rd St Turn Into Alley Home Is Off 3rd St
City Manteno
High School District 5
MLS Area Manteno
Tax Annual Amount 2702
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 5
Elementary School District 5
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InteriorBasement Unfinished Crawl Space Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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* Excluded FeaturesList ByVillage Realty, IncBroker
amelia@BodieTeam.com;Amelia@BodieTeam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $726
- Monthly Property Taxes
- $225
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Manteno, IL
Average List Price $259,580
Percent of Sale Price 126%
About Manteno, IL 8,431 Population
31% Since 2002
$ 63,068 Median Income
41.39 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
564770 Elementary School
567001 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/8/2026 | $115,000 | | Listed Price |