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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
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273 3rd Avenue
Kankakee, IL 60901
Kankakee, US
$160,000.00 listing calculator
Status: Contingent (For Sale)
Type: Multi Family
Lot Size: 0.08 Acres
Year Built: 1895
Bedrooms: 6
Bathrooms: 3
MLS ID: 12610981


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Overview
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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 950/month 275 S 3rd Ave, Unit 1: Rented at 850/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 2,590 in monthly rent right from the start! The interior photos are of Units 2 and 3, taken prior to the tenants moving in.

Courtesy Of: Green Real Estate


Feature Highlights


  • Built Before 1978

General Features


List Date:
04/06/2026

Interior Features


Bedrooms Possible:
6
Rooms Total:
20

Exterior Features and Amenities


Lot Size Dimensions:
25 X 150

Financial


Purchase Contract Date:
2026-05-05
Days On Market:
30
Tax Annual Amount:
$3,023.52
Tax Year:
2023

Other Features


Elementary School District:
111
High School District:
111
Middle Or Junior School District:
111
Age:
100+ Years


Directions


Court St (Rt 17) to 3rd Ave South to property.

Availability Calendar


- Available - Unavailable

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-05-25
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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