Closed

$194,900

553 3rd Street, Kankakee, IL 60901
4 Beds1 Baths29 days
553 3rd Street·Kankakee, IL 60901
4Bedrooms
1Bathrooms
1950Year Built
About This Home

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!

MLS# 12479360Listed September 23, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms1
Total Rooms12

Size & Structure

Year Built1950
Lot Size50x100

Location

CountyKankakee
TownshipKankakee
Zip Code60901

Financial

List Price$194,900
Annual Taxes (2024)$3,032
Monthly Tax Est.$253
Parcel #16170622201800
Interior Features

Heating

Electric

Basement

UnfinishedPartial
Exterior & Lot

Construction

Stucco
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

YesOwned
Tax & Financial
Annual Taxes
$3,032
Tax Year 2024
Monthly Tax Est.
$253
per month
Property Location

553 3rd Street, Kankakee, IL 60901 — Kankakee County

$194,900
553 3rd Street
4 bd1 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
29 days on market
50x100
$3,032/yr taxes
$1,277
estimated monthly payment
Principal & Interest
$1,024/mo
Property Tax
$253/mo
$194,900
20% — $38,980
3%50%
6.875%
3%12%
Loan Amount
$155,920
Down Payment
$38,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Exclusive Realtors
Agent: Paul Kirkpatrick
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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