273 S 3rd Avenue, Kankakee, IL 60901

$160,000

  • Open House
  • New Listing
  • Price Reduced
  • Sold
  • Leased
-1 More Schedule
  • 6 BedroomBeds
  • 3 BathroomBaths
  • Sqft
  • 0Acres
  • Multi-FamilyType
  • Active Under ContractStatus
  • 12610981MLS#
-1 More Schedule

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Property Description 273 S 3rd Avenue, Kankakee, IL, 60901

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.



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Property Details 273 S 3rd Avenue, Kankakee, IL, 60901

  • On Market Date: 04/06/2026
  • Year Built: 1895
  • MLS#: 12610981
  • Type: Multi-Family
  • Status: Active Under Contract
  • Price: $160,000
  • City: Kankakee
  • State: IL
  • Zip: 60901
  • County: Kankakee
  • Development: NO
  • Date Last Updated: 05/05/2026

Bedrooms

  • Beds: 6

Bathrooms

  • Total Bathrooms: 3
  • Basement: Yes
  • Pool: NO
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Natural Gas

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