553 3rd Street, Kankakee, Illinois 60901


$194,900

For Sale
Status: Contingent
Sqft: 0
Cost/Sqft:
Beds: 4
Baths: 0
Year Built: 1950
Property Taxes: $3,032
Days On Market: 40
Lot Size: 0,00
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Description

Introducing a beautifully refreshed two-story four-unit building in the heart of Kankakee, Illinois, just a couple of blocks from the upcoming East Riverwalk park, set to be completed by year's end. All Units are 1 bed 1 bath. Each unit in this fully rented property has been thoughtfully updated before occupancy, featuring modern vinyl plank flooring, fresh paint, and refinished cabinets and countertops. Each unit is equipped with its own refrigerator and stove. The building also offers a newer rubber roof (just three years old), durable vinyl windows, steel staircases, and a basement area with potential for coin laundry installation. Tenants cover their own electric, gas, and water, while the landlord covers sewer and garbage. Current rents are 800, 650, 600, and 750 per unit. Updated plumbing and electrical. Schedule your private showing today!

Property Specifics

Multi-unit
1950
No
Kankakee
— / —
12479360
16170622201800

Property History

DATE: EVENT: PRICE: SOURCE:
21 Oct, 2025 Under contract $194,900 MRED MLS
23 Sep, 2025 Listed for sale $194,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 1
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

50x100
Not in DB

Tax History

Year Property Taxes
2025 $3,032

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