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273 S 3rd Ave

Kankakee IL 60901

6
3
0.08 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

6 bedrooms
3 bathrooms
0.08 ac. lot size
Multi-Family

Property history for 273 S 3rd Ave

2018
Sold
$75,000
13 Jul 2018 by J Andy Czako, of McColly Bennett Real Estate

Happy sellers in Kankakee

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We have insufficient information to provide an overview of customer satisfaction for Kankakee. Viewing the agent profiles, reviews and sales for Kankakee can provide insights for this location.

Local market activity for 6 bedroom multi families in Kankakee

In the last 12 months, 5 six-bedroom multi families similar to 273 S 3rd Ave, have been sold.

This represents a 38% increase in six-bedroom multi families sales when compared to the previous 12 months.

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