273 S 3rd AVE, Kankakee, IL 60901 – 12207145 - Sara Macak

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Sara Macak

saramacak1@gmail.com +1(630) 207-6658

$160,000

Est. payment - /mo

6 Beds

3,484 Sqft Lot

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UPDATED:

11/16/2024 11:21 PM

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

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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Listed by Isaiah Green • Green Real Estate

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Sara Macak

Broker | License ID: 475.193648

+1(630) 207-6658