AbodeABODE

273 S 3rd Avenue

Kankakee, IL 60901

273 S 3rd Avenue, Kankakee, IL 60901 — exterior front view
273 S 3rd Avenue, Kankakee, IL 60901 — exterior view
273 S 3rd Avenue, Kankakee, IL 60901 — exterior view

273 S 3rd Avenue

Kankakee, IL

$160,000

ActiveMLS #MRD12610981

273 S 3rd Avenue

Kankakee, IL 60901

$160,000

List Price

6

Bedrooms

3

Bathrooms

About This Property

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 reven...

Property Details

Key Facts

Overview
Property TypeResidential Income
Bedrooms6
Bathrooms3
Days on Market30
Building
StyleOther
Year Built1895
Lot Size0.08 Acres
CountyKankakee
HeatingNatural Gas
BasementUnfinished, Full
ExteriorVinyl Siding
WaterPublic
SewerPublic Sewer
Lot Size0.08 Acres
Lot Dimensions25 X 150
MLS #MRD12610981
Days on Market30
List DateApril 6, 2026
StatusActive
Annual Taxes$3,024
Listing Courtesy OfGreen Real Estate

Listed for sale

MLS #MRD12610981

$160,000

Apr 6, 2026

Mortgage Estimate

$1,061

/month
Principal & Interest
$809
Property Taxes
$252
20% · $32,000
6.5%

Location

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273 S 3rd Avenue, Kankakee, IL 60901

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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