Data Source Brokerage:

    Berkshire Hathaway HomeServices Chicago logo

    Berkshire Hathaway HomeServices Chicago

    273 S 3rd Ave, Kankakee, IL 60901

    $160,000

    Under contract

    62 days ago

    6 beds
    3 baths
    1,371 sq ft
    Built in 1895

    Purchase price

    Down payment

    Estimated rent

    MLS Logo

    Listed By: Isaiah Green, (815) 953-2751, [email protected], #471021407, Green Real Estate, (815) 953-2751, [email protected]

    Source: Midwest Real Estate Data LLC (MRED/MAP/MLSNI), #12610981, last updated on 5/5/2026

    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...

    Zillow listing
    Google maps

    Powered by

    Bigger Pockets logo

    Be ready to buy

    LendingOne logo

    DSCR best rate guarantee1

    Flexible financing, easy apply

    Explore loan options
    Steadily logo

    Better landlord insurance

    Neighborhood

    1 / 10

    John Kennedy Middle Grade School

    2 / 10

    Kankakee Junior High School

    2 / 10

    Kankakee High School

    Provided by

    Rent comps

    Comparable rent properties
    Address
    Status
    Listed rent
    Listed rent / sq ft
    Distance
    Bed
    Bath
    Sq ft
    Year built

    Sale comps

    Comparable sale properties
    Address
    Status
    Price
    Price / sq ft
    Distance
    Bed
    Bath
    Sq ft
    Year built
    🚀 POWERED BY
    Roofstock Logo

    1 Rate Guarantee. LendingOne will match the interest rate of a competing national private DSCR loan, provided (i) the competing loan has substantially similar origination fees and qualifying credit criteria within reasonable industry standards, such as credit score, LTV, experience, property value and other related metrics, and (ii) they are presented with a formal, written quote, or term sheet document (i.e., not an email) from a national private lender dated within ten (10) business days of submission to LendingOne. The competing rate will be adjusted based on where the 5-Year Treasury Rate was at the time of issuance to the rate on the date of submission to LendingOne and for any rate buydowns.

    DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Stessa strives to maintain accurate and up to date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including its availability and any leasing conditions, with the listing agent or property owner before making any decisions. Stessa is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Stessa nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved. Certain real estate content on our website is provided courtesy of the Multiple Listing Service (MLS), as indicated by the “Source” on each listing.

    Terms of servicePrivacy policyResponsible disclosure policyOpen-source software license informationDo not sell my personal information

    (c) 2026 Stessa, Inc. All rights reserved.

    Property details
    Interior

    Bedrooms & Bathrooms

    • Bedrooms: 6
    • Bathrooms: 3

    Heating

    • Natural Gas

    Features

    • Has basement: Yes
    • Basement: Unfinished, Full
    Property

    Lot

    • Size: 0.08 Acres
    • Lot Dimensions: 25 X 150

    Details

    • Parcel number: 16093233502600
    Construction

    Type & style

    • Home type: Residential Income
    • Property subtype: Multi Family

    Materials

    • Vinyl Siding

    Condition

    • New construction: No
    • Year built: 1895
    Utilities & green energy
    • Sewer: Public Sewer
    • Water: Public

    Financial & listing details

    • Price per square foot: $117
    • Days on market: 30
    • Cumulative days on market: 30

    Neighborhood score

    1.5 / 5

    School score

    1.7 / 10

    Crime score

    1 / 10