Residential Income for Sale: 273 S 3rd, Kankakee, IL 60901

6 beds
$160,000
$160,000
273 S 3rd, Kankakee, IL 60901
6 beds
$160,000
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Price:
$160,000

Type Residential Income
Beds 6
Lot Size 0.08 acres
Year Built 1895

City Kankakee
County Kankakee
School District 111

MLS 12207145
Status Active Under Contract
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.

Room Features

Basement Description Unfinished

Lot & Building Features

Heating Natural Gas
Parking Description None
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 25 X 150 ft

Community and Schools

Elementary School 111

Price History of 273 3rd, Kankakee, IL

Date Name Price Difference
12/31/1969 Listing Price $160,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Erin Cotter
Direct: 773-879-1060
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Green Real Estate, Isaiah Green
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6.75%
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273 3rd (MLS #12207145) is a residential income listing located in Kankakee, IL. This residential income listing on a lot of 3,485 sqft (or 0.08 acres) with 6 bedrooms, 3 baths and is 100+ Years years old. This property was listed on 11/09/2024 and has been priced for sale at $160,000.

Nearby zip codes are 60910, 60914, 60915, 60922 and 60940. This property neighbors other cities such as Aroma Park, Bourbonnais, Bradley, Chebanse and Grant Park.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Green Real Estate