273 S 3rd AVE

Kankakee,IL 60901

$ 160000

6 Beds

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12207145

Bedrooms 6

Year Built 1895

Annual Tax Amount $3,023

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 25 X 150

Property Description

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 1,050/month 275 S 3rd Ave, Unit 1: Rented at 900/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 2,740 in monthly rent right from the start! The interior photos are of Units 2 and 3, taken prior to the tenants moving in.

Location

State IL

County Kankakee

Area Kankakee

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Waterfront false

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 111 ,111, 111

Others

Ownership Fee Simple

Special Listing Condition None

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