273 S 3rd Ave

Kankakee, IL 60901
  • $160,000

    Price
  • 6

    Bed
  • 3

    Bath
  • 0.08

    Acre

About the Listing 94263 - 940508,940465

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.

Listing Highlights for 273 S 3rd Ave

Status Pending
Days on Site 192
Property Type Multi-Family
MLS ® 12610981
Year Built 1895
Lot/Acreage 0.08
County Kankakee
School District 111

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Unfinished,Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 25 X 150
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $3,024
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16093233502600
  • Tax Year: 2023

Payment Calculator

Monthly Payment

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  • in Taxes
Years
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% Mortgage Rate

Listing Location

Questions About..

273 S 3rd Ave Kankakee, IL 60901

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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