Great opportunity to own a 3-unit building right next to the hospital in Kankakee! The exterior features a newer roof with plenty of life, vinyl siding, and off-street parking. This building has a single 2-bedroom unit renting for 950 per month while the other units are both 1 bedroom renting for 750 and 625 per month. Tenants pay for electricity and the landlord pays for water, sewer, and garbage averaging right at 250 per month. Don't miss your opportunity for passive income schedule your showing today!
Re-activated
$149,900
331 S 4th Ave, Kankakee, IL 60901
4beds
--sqft
Est.:
Multi Family
Built in 1895
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Newer roofOff-street parking
- 39 days
- on Zillow |
- 120 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 12:55pm
Listing courtesy of:
Paul Kirkpatrick 815-405-2964,
Exclusive Realtors
Source: MRED as distributed by MLS GRID,MLS#: 12313769

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Features
- Basement: Cellar,Full
Property
Lot
- Size: 7,500 Square Feet
- Dimensions: 50 X 150
Details
- Parcel number: 16170621501600
- 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: $67,941
- Annual tax amount: $2,895
- Date on market: 3/17/2025
- Ownership: Fee Simple
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