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$160,000
$900Reward *
273 S 3rd Avenue, Kankakee, IL 60901Listing ID 12610981

273 S 3rd Avenue, Kankakee, IL 60901

Contingent
Kankakee
Time on site: 127 days • Last updated: May 5, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
3
Acres
Acres
0.08
Days on Site
Days on Site
128
Heating
Heating
Natural Gas
Year Built
Year Built
1895

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.

Property Information

Property Details

Location

Address
273 S 3rd Avenue
County
Kankakee
City
Kankakee
Zip Code
60901
Subdivision
Kankakee
School District
111
MLS Area
Kankakee

Interior Features

Beds and Baths

Bedrooms
6

Building

Building Information

Year Built
1895
Construction
Vinyl Siding

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$3,024
Tax Year
2023
Green Real Estate, (815) 953-2751

Market Report for 60901

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 11 Aug 2026, 06:43 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD940508