273 3rd Avenue, Kankakee, Illinois 60901


$160,000

For Sale
Status: Contingent
Sqft: 0
Cost/Sqft: —
Beds: 6
Baths: 0
Year Built: 1895
Property Taxes: $3,024
Days On Market: 201
Lot Size: 0,08

Description

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.

Property Specifics

Multi-unit
—
—
1895
Unfinished, Full
Vinyl Siding
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—
No
0.08
Kankakee
—
— / —
—
Public
Public Sewer
—
Natural Gas
12610981
16093233502600

Property History

DATE: EVENT: PRICE: SOURCE:
13 Jul, 2018 Sold $75,000 MRED MLS
7 Jun, 2018 Under contract $78,800 MRED MLS
— Last price change $88,800 MRED MLS
29 Sep, 2017 Listed for sale $94,700 MRED MLS
5 May, 2026 Under contract $160,000 MRED MLS
6 Apr, 2026 Listed for sale $160,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Unfinished, Full

Other Specifics

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—
—
—
—
—
—
—
25 X 150
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—
—
—
Not in DB
—
—
—

Tax History

Year Property Taxes
2018 $2,372
2026 $3,024

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Listing Provided By

Green Real Estate