$3,899,000
$451K PRICE DROP

210 - 280 Tedmark Ct Kankakee, IL 60901

Estimated payment $22,409/month

Total Views 6,348
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2.36 Acre Lot
  • Wood Siding
  • Heating System Uses Gas

About This Home

FOR SALE - KANKAKEE - 58 UNIT APARTMENT COMPLEX - Seven building multifamily portfolio in Kankakee, IL at a purchase price of $3,899,000 equal to $67,225 per unit. All buildings are adjacent with ample owned parking. Recently removed from IDHA Program, so no rental restrictions in place! PROPERTY OVERVIEW - 58 Total Units Across Seven Buildings - 43 units are 2 bedroom/1 bath, 10 units are 1 bedroom/1 bath, 4 units are 3 bedroom/1.5 bath, and one unit is an efficiency unit. 210 Tedmark Ct. - 12 units 220 Tedmark Ct. - 4 units 230 Tedmark Ct. - 4 units 240 Tedmark Ct. - 8 units 2755 Cooper Dr. - 12 units 2779 Cooper Dr. - 12 units 280 Tedmark Ct. - 6 units - GREAT INVESTMENT OPPORTUNITY - CALL TODAY!

Listing Agent

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 02/10/2026

McColly Bennett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,193

Year Built

  • Built in 1974

Lot Details

  • 2.36 Acre Lot
  • Lot Dimensions are 115 200 x 450

Home Design

  • Mansard Roof Shape
  • Brick Exterior Construction
  • Fiberglass Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Exterior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Community Details

  • 58 Units
  • Gross Income $480,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,193

Year Built

Built in 1974

Lot Details

2.36 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1974
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Multi-Family
  • Room: 0

Exterior Features

  • Construction Materials: Wood, Vinyl Siding, Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Fiberglass
  • Roof Structure: Mansard
  • Misc Outside: Balcony/ies

Garage/Parking

  • Outdoor Parking: 51-100 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Utilities: Sewer Connected
  • Water Source: Community Water
  • Heat/Ventilation: Electric,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.36
  • Lot Dimensions: 115 200 X 450
  • Lot Size Sq Ft: 102802
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Alternate Phone Number: (815) 549-4301

Rental Info

  • Tenant Pays: Electricity, Heat, Varies by Tenant
  • Board Number: 21
  • Tenancy Type: Variable

Multi Family

  • GrossIncome: 480000
  • NumberOfUnitsTotal: 58
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 16193
  • Tax Year: 2025

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/27/2026 05/27/26 Price Changed $3,899,000 -2.5% --
03/23/2026 03/23/26 Price Changed $3,999,000 -8.1% --
02/10/2026 02/10/26 For Sale $4,350,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12013807

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.