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  • Price cut: $5K (7/16)
    $125,000

    341 S 5th Ave, Kankakee, IL 60901

    3beds
    --sqft
    : 
    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Updated furnacesWater heatersElectrical panels
    Fantastic investment opportunity! This affordable and well-maintained 2-unit property is a rare find, with tenants in place for over 10 and 15 years, providing stable, long-term rental income. The home has been meticulously cared for, minimizing maintenance concerns. Whether you're looking to expand your portfolio or start your investment journey, this property offers immediate cash flow with reliable tenants and a solid foundation. Updated Furnaces, electrical panels and water heaters.
    60 days
    on Zillow
    |
    342
    |
    19
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 21, 2025 at 10:07pm

    Listing courtesy of:

    Monica Pizano 815-671-6209,

    RE/MAX Prestige Homes

    Source: MRED as distributed by MLS GRID,MLS#: 12384373MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 341 S 5th Ave.

    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: Unassigned, Off Street, On Site
    Lot
    • Size: 7,500 Square Feet
    • Dimensions: 50X150
    Details
    • Parcel number: 16170621401700
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Kankakee

    Financial & listing details

    • Tax assessed value: $68,580
    • Annual tax amount: $3,033
    • Date on market: 6/6/2025
    • Ownership: Fee Simple
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