$170,550
$194,900
12.5%For more information regarding the value of a property, please contact us for a free consultation.
553 S 3rd ST Kankakee, IL 60901
4 Beds
1 Bath
Key Details
Sold Price $170,550
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12479360
Sold Date 12/09/25
Bedrooms 4
Year Built 1950
Annual Tax Amount $3,032
Tax Year 2024
Lot Dimensions 50x100
Property Sub-Type Two to Four Units
Property Description
Introducing a beautifully refreshed two-story four-unit building in the heart of Kankakee, Illinois, just a couple of blocks from the upcoming East Riverwalk park, set to be completed by year's end. All Units are 1 bed 1 bath. Each unit in this fully rented property has been thoughtfully updated before occupancy, featuring modern vinyl plank flooring, fresh paint, and refinished cabinets and countertops. Each unit is equipped with its own refrigerator and stove. The building also offers a newer rubber roof (just three years old), durable vinyl windows, steel staircases, and a basement area with potential for coin laundry installation. Tenants cover their own electric, gas, and water, while the landlord covers sewer and garbage. Current rents are 800, 650, 600, and 750 per unit. Updated plumbing and electrical. Schedule your private showing today!
Location
State IL
County Kankakee
Area Kankakee
Rooms
Basement Unfinished, Partial
Interior
Heating Electric
Fireplace N
Building
Building Description Stucco, No
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Schools
School District 111 , 111, 111
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Antony Toledo of Realty of America, LLC

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