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  • $160,000

    273 S 3rd Ave, Kankakee, IL 60901

    6beds
    --sqft
    : 
    Multi Family
    Built in 1895
    -- sqft lot
    $157,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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 1,050/month 275 S 3rd Ave, Unit 1: Rented at 900/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 2,740 in monthly rent right from the start! The interior photos are of Units 2 and 3, taken prior to the tenants moving in.
    167 days
    on Zillow
    |
    368
    |
    18
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 14, 2025 at 12:41pm

    Listing courtesy of:

    Isaiah Green 815-953-2751,

    Green Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12207145MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 273 S 3rd Ave.

    Next available tour time:Tuesday at 9:30am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Lot
    • Size: 3,484.8 Square Feet
    • Dimensions: 25 X 150
    Details
    • Parcel number: 16093233502600
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1895

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Kankakee

    Financial & listing details

    • Tax assessed value: $70,938
    • Annual tax amount: $3,023
    • Date on market: 11/9/2024
    • Ownership: Fee Simple
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