491 S Chicago AVE, Kankakee, IL 60901
491 S Chicago AVE, Kankakee, IL 60901
491 S Chicago AVE, Kankakee, IL 60901
491 S Chicago AVE, Kankakee, IL 60901
491 S Chicago AVE, Kankakee, IL 60901
491 S Chicago AVE, Kankakee, IL 60901
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$ 160,000
Est. payment | /mo

6 Beds

4 Baths


Save
$ 160,000
Est. payment | /mo
Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12562010

Bedrooms 6

Year Built 1920

Annual Tax Amount $3,792

Tax Year 2024

Lot Dimensions IRR

Property Sub-Type Two to Four Units

Property Description

ValueAdd Triplex With Seller Financing - 491 S Chicago Ave, Kankakee Cash preferred for $100K down, seller carry first, and quick close. Already priced to sell. Seller has other interests and is ready to move this property. Value supported by a recent appraisal. All offers and credit types considered. This triplex offers a strong valueadd opportunity with over $50,000 in recent upgrades already completed, providing builtin equity for the next owner. The property has a solid rental history and currently includes one habitable unit. The remaining two units need interior completion, including appliances, wall finishing, and flooring-allowing the new owner to choose the design and finishes. Once completed, the property is wellpositioned for rental demand in the Kankakee market.

Location

State IL

County Kankakee

Area Kankakee

Zoning MULTI

Rooms

Basement Partially Finished, Unfinished, Full

Interior

Heating Natural Gas, Electric, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Slate

Building

Lot Description Corner Lot

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

School District 111 , 111, 111

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Vasiliki Skliros of  Compass 

Nearby Locations

Lisa Carstens

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(563) 370-3119

lisacarstenshomes@gmail.com

2550 Middle Rd. Suite #601 Bettendorf, IA 5225722

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491 S Chicago AVE