Active

491 Chicago Avenue

Kankakee, IL 60901
$160,000 ▼ $5,000 from $165,000
6beds
4baths
sqft
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About this home

ValueAdd Triplex With Seller Financing - 491 S Chicago Ave, Kankakee Cash preferred for $100K down, seller carry first, and quick close. Already priced to sell. Seller has other interests and is ready to move this property. Value supported by a recent appraisal. All offers and credit types considered. This triplex offers a strong valueadd opportunity with over $50,000 in recent upgrades already completed, providing builtin equity for the next owner. The property has a solid rental history and currently includes one habitable unit. The remaining two units need interior completion, including appliances, wall finishing, and flooring-allowing the new owner to choose the design and finishes. Once completed, the property is wellpositioned for rental demand in the Kankakee market.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built1920
Garage spaces2
Lot size
Annual tax$3,792.34
CountyKankakee
MLS #MRD12562010
Days on market74

Features

Heating
Natural GasElectricForced Air
Parking
YesGarage OwnedAttachedOff StreetDrivewayOwnedGarage
Construction
Vinyl Siding
Lot features
Corner Lot
Sewer
Public Sewer
Listed by
Compass
Vasiliki Skliros · 630-677-5061

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/19/2026, 5:06:08 AM. All data should be independently verified.

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