716 W 3RD Street Kewanee, IL $ 141,500
716 W 3RD Street
$ 141,500
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716 W 3RD Street

Kewanee, IL, 61443
$ 141,500
Bedrooms7 Baths4.0 Sq 4,000

Monthly Estimate*

$ 871

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Multi-Family Home for sale in Kewanee, IL

for $141,500 with 7 bedrooms and 4 full baths. This 4,000 square foot 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. 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. Clean Termite Inspection February 2026. Seller providing preventative treatment with renewable 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 $850. 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 - $675. 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 -$650. Owner is licensed real estate agent in IL/IA.

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Multi-Family Active

Price

$ 141,500

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 833

Style

Lot Size

0.19

Year Built

1907

Town/City

Kewanee

County/Region

Henry

MLS | Web ID

QC4262286

Features
General
Living Area 4000
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Closing Negotiable Tenant's Rights
Roof Metal
Zoning MULTI
Construction Materials Vinyl Siding
Year Built 1907
Township Kewanee
Tax Year 2023
Ownership Fee Simple
Gross Income 26100
Community Features Street Lights Street Paved
County Henry
Net Operating Income 21361
Insurance Expense 2108
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 1161
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 Kewanee High Schools
City Kewanee
High School District 229
MLS Area Kewanee
Elementary School Irving School
Tax Annual Amount 833.36
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 1470
Standard Status Active
Middle/Junior School District 229
Elementary School District 229
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Interior
Basement Unfinished Full
Total Fireplaces 0
Half Baths 0
Total Bedrooms 7
Room Type Utility Room-2nd Floor
Total Baths 4
Bedrooms Possible 7
Bathroom Double Sink
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Alley Access Guest Other Yes
Lot Features Level
Water Source Public
Total Parking 8
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

$941
Per Month
93%
7%
0%
Monthly Principal & Interest
$871
Monthly Property Taxes
$69
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
5390721 Elementary School
565252 Middle School
Kewanee High Schools High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$141,500 -2.41% Price Down
1/8/2026$145,000 -1.69% Price Down
12/19/2025$147,500 Listed Price

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716 W 3RD Street, Kewanee, IL, 61443 is a Multi-Family Home for sale at $141,500 with 4,000 sqft and a lot size of 0.19. 716 W 3RD Street has 7 bedrooms, 4.0 baths, and was built in 1907. The property's zip code is 61443 which is in Kewanee, IL