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!
Contingent
$194,900
553 S 3rd St, Kankakee, IL 60901
4beds
--sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern vinyl plank flooringFresh paintSteel staircasesDurable vinyl windowsNewer rubber roofRefinished cabinets and countertops
- 80 days |
- 10 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: October 21, 2025 at 01:09pm
Listing courtesy of:
Paul Kirkpatrick 815-405-2964,
Exclusive Realtors
Source: MRED as distributed by MLS GRID,MLS#: 12479360
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 1
Heating
- Electric
Features
- Basement: Unfinished,Partial
Property
Parking
- Total spaces: 8
- Parking features: On Site, Owned
Lot
- Size: 5,000 Square Feet
- Dimensions: 50x100
Details
- Parcel number: 16170622201800
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Kankakee
Financial & listing details
- Annual tax amount: $3,032
- Date on market: 9/25/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2025 | Contingent | $194,900 |
Source: | ||
| 9/25/2025 | Listed for sale | $194,900 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$1,389/mo
Principal & interest
$982
Property taxes
$339
Home insurance
$68
Climate risks
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 mi
- 2/10Kankakee High SchoolGrades: 9-12Distance: 1.1 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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