Welcome to downtown Kankakee! Great opportunity in for the experienced investor looking to add cashflow to his investment, or for the first time buyer looking to house-hack! Walking distance from every amenity one could desire. Including grocery stores, gas stations, parks, museums, library, the list could go on! The Kankakee Riverfront project will be steps away! The building includes 4 identical units: 2 bed 1 bath, 800sqft/unit rented for $1200 each. The building also has an unfinished basement. 2 Parking spots in the rear, 4 Parking spots in the front, and a 1.5 car garage. Tenants responsible for electric -all equipment is electric! (Heaters and water heaters!) Units have all been updated and rehabbed! All you need to do is is start collecting that cashflow!
Property Features
Parking
No Garage
Detached
Driveway
Additional Parking
Alley Access
Garage
Heating Information
Electric
Baseboard
Basement
None
Partial
Water Features
Public
School Information
School Information for 543 S 3rd Avenue, Kankakee, IL 60901
Elementary School
Steuben Elementary School
Middle School
John Kennedy Middle Grade School
High School
Kankakee High School
Listing Courtesy: Realty of America, LLC - 708-788-1900
Based on information submitted to the MLS GRID as of 2025-12-29 17:41:28. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-12-29 17:41:28
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
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1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189