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.
Active
Price cut: $5K (7/16)
$125,000
341 S 5th Ave, Kankakee, IL 60901
3beds
--sqft
Est.:
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Updated furnacesWater heatersElectrical panels
- 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#: 12384373

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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