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Contingent
    • $160,000

    273 S 3rd Ave, Kankakee, IL 60901

    6beds
    --sqft
    : 
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    Multi Family
    Built in 1895
    -- sqft lot
    $153,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    78 days
    |
    15
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Isaiah Green 815-953-2751,

    Green Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12610981MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas
      Features
      • Basement: Unfinished,Full

      Property

      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 25 X 150
      Details
      • Parcel number: 16093233502600
      • Zoning: MULTI
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1895

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Kankakee

      Financial & listing details

      • Tax assessed value: $79,626
      • Annual tax amount: $3,023
      • Date on market: 4/6/2026
      • Ownership: Fee Simple
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        Estimated market value

        $153,000

        $145,000 - $161,000

        $974/mo

        Price history

        DateEventPrice
        5/20/2026Listing removed$160,000
        Source: MRED as distributed by MLS GRID #12610981 Report a problem
        5/5/2026Contingent$160,000
        Source: MRED as distributed by MLS GRID #12610981 Report a problem
        4/6/2026Listed for sale$160,000
        Source: MRED as distributed by MLS GRID #12610981 Report a problem
        11/10/2025Listing removed$160,000
        Source: MRED as distributed by MLS GRID #12207145 Report a problem
        2/14/2025Listed for sale$160,000
        Source: MRED as distributed by MLS GRID #12207145 Report a problem
        11/16/2024Contingent$160,000
        Source: MRED as distributed by MLS GRID #12207145 Report a problem
        11/9/2024Listed for sale$160,000+113.3%
        Source: MRED as distributed by MLS GRID #12207145 Report a problem
        7/13/2018Sold$75,000
        Source: MRED as distributed by MLS GRID #09764348 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,138 +3.8%$26,542 +12.2%
        2023$3,024 +7.5%$23,646 +14.2%
        2022$2,813 +5.9%$20,697 +10.5%
        2021$2,655 +7.8%$18,731 +11.3%
        2020$2,463 +4.9%$16,836 +7.5%
        2019$2,347 -7.3%$15,662 +8%
        2018$2,531 $14,502 +2.2%
        2017$2,531 +6.7%$14,183 +2%
        2016$2,372 +3.5%$13,905 -2%
        2015$2,291 $14,189
        2014$2,291 $14,189 -18.4%
        2013-- $17,388 -4.5%
        2012-- $18,210 -22.4%
        2011-- $23,469 -18%
        2009$3,270 +7.7%$28,621
        2008$3,036 $28,621 +4.8%
        2002-- $27,310 +3.6%
        2001-- $26,354
        2000-- $26,354

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 60901

          Getting around

          82 / 100
          Very Walkable
          51 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: 111

          Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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