273 S 3rd Avenue — Kankakee, IL 60901
Active Under Contract
Kankakee, IL 60901

273 S 3rd Avenue

$160,000
6 beds · 3 baths
Listed at $160,000 30 days on market $3,024/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$160,000
List price
Square feet
6
Bedrooms
3
Bathrooms
1895
Year built
0.08 ac
Lot size
Garage spaces
$3,024
Annual taxes
Two to Four Units
Style
30
Days on market
04Features
Heating
Natural Gas
Construction
Vinyl Siding
Sewer
Public Sewer
05Neighborhood
  • Crazy Joe's Diner 0.6 mi
  • McDonald's 1.0 mi
  • Poor Boy 1.3 mi
  • Captain Fresh Fish & Chicken 1.3 mi
  • McDonald's 1.5 mi
  • Jewel-Osco 0.2 mi
  • Berkot's Super Foods 0.9 mi
  • Speedway 1.4 mi
  • Legion Park 0.3 mi
  • Alpiner Park 0.3 mi
  • Washington Park 0.4 mi
  • Jeffers Park 0.4 mi
  • Bird Park 0.5 mi
  • Schuyler Park 0.7 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Apr 6, 2026
Listed for saleThis listing
Green Real Estate
$160,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by Green Real Estate · Isaiah Green · 815-953-2751
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12610981
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