BEDS6
BATHS3 full
MLS#12610981
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 111
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 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Natural Gas
Lot Size: 0.08 Acres
Taxes: $3,023
Year Built: 1895
Feature Descriptions
Exterior: Vinyl Siding
Lot Dimensions: 25 X 150
Parcel#: 16093233502600
Sewer: Public Sewer
Total Rooms: 20
Township: Kankakee
Water: Public
Local Schools
School District: District 111
Listed By / Shown By
Listed By
Agency Name: Green Real Estate
Agency Phone: 815-953-2751
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimate Your Payment
Estimated Payment
$ 1,025.35 per month $726.77 Principal & Interest $251.92 Property Tax $46.67 Homeowner's Insurance
273 S 3rd Avenue | MLS# 12610981
This multi-family property located at 273 S 3rd Avenue , Kankakee, IL 60901 is currently listed for sale with an asking price of $160,000. S 3rd Avenue is located within the District 111 school district. Search Kankakee real estate on www.gogambino.com today.