Fantastic investment opportunity! This affordable and well-maintained 2-unit property is a rare find, with tenants in place for over 10 and 15 years, providing stable, long-term rental income. The home has been meticulously cared for, minimizing maintenance concerns. Whether you're looking to expand your portfolio or start your investment journey, this property offers immediate cash flow with reliable tenants and a solid foundation. Updated Furnaces, electrical panels and water heaters.
Closed
Zestimate®
$105,000
341 S 5th Ave, Kankakee, IL 60901
3beds
--sqft
Multi Family
Built in 1910
-- sqft lot
$105,000 Zestimate®
$--/sqft
$1,432 Estimated rent
Home value
$105,000
$96,000 - $116,000
$1,432/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 02:49pm
Listing courtesy of:
Monica Pizano 815-671-6209,
RE/MAX Prestige Homes
Bought with:
Fawad Shahid, ABR,SFR
Carnelian Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12384373
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Unassigned, Off Street
Lot
- Size: 7,500 sqft
- Dimensions: 50X150
Details
- Parcel number: 16170621401700
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Kankakee
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Sold | $105,000-8.7% |
Source:  MRED as distributed by MLS GRID #12384373 | ||
| 11/21/2025 | Pending sale | $115,000 |
Source: MRED as distributed by MLS GRID #12384373 | ||
| 10/30/2025 | Contingent | $115,000 |
Source: MRED as distributed by MLS GRID #12384373 | ||
| 9/5/2025 | Price change | $115,000-3.4% |
Source: MRED as distributed by MLS GRID #12384373 | ||
| 8/7/2025 | Price change | $119,000-4.8% |
Source: MRED as distributed by MLS GRID #12384373 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,034 +3.8% | $25,661 +12.3% |
| 2023 | $2,923 +7.5% | $22,860 +14.2% |
| 2022 | $2,719 +5.9% | $20,009 +10.5% |
Find assessor info on the county website
Neighborhood: 60901
Nearby schools
GreatSchools rating
- 1/10John Kennedy Middle Grade SchoolGrades: 2-6Distance: 0.8 mi
- 2/10Kankakee Junior High SchoolGrades: 7-8Distance: 2.1 mi
- 2/10Kankakee High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: 111
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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