543 S 3rd Ave Kankakee, IL 60901
Kankakee AreaEstimated payment $1,917/month
Highlights
- 1.5 Car Detached Garage
- Multiple Water Heaters
- Heating Available
- Ceiling Fan
About This Home
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 similar units: 2 bed 1 bath, 800sqft/units. The building also has an unfinished basement with the opportunity for a laundry room. 2 Parking spots in the rear, 4 Parking spots in the front, and a 1.5 car garage for additional income. 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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,892
Year Built
- Built in 1960 | Remodeled in 2026
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x150
Parking
- 1.5 Car Detached Garage
- No Garage
- Parking Available
- Off-Street Parking
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Unfinished Basement
- Partial Basement
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Utilities
- Heating Available
- Multiple Water Heaters
- Electric Water Heater
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,892 | $35,145 | $4,801 | $30,344 |
| 2024 | $3,661 | $30,965 | $4,230 | $26,735 |
| 2023 | $3,527 | $27,585 | $3,768 | $23,817 |
| 2022 | $3,281 | $24,144 | $3,298 | $20,846 |
| 2021 | $3,097 | $21,850 | $2,985 | $18,865 |
| 2020 | $2,873 | $19,640 | $2,683 | $16,957 |
| 2019 | $2,738 | $18,270 | $2,496 | $15,774 |
| 2018 | $2,636 | $16,917 | $2,311 | $14,606 |
| 2017 | $2,952 | $16,545 | $2,260 | $14,285 |
| 2016 | $2,767 | $16,221 | $2,216 | $14,005 |
| 2015 | $2,673 | $16,552 | $2,261 | $14,291 |
| 2014 | $3,219 | $20,689 | $2,261 | $18,428 |
| 2013 | -- | $25,355 | $2,355 | $23,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/24/2026 08/24/26 | Pending | -- | -- | -- | |
| 08/16/2026 08/16/26 | For Sale | $290,000 | +222.2% | -- | |
| 12/29/2016 12/29/16 | Sold | $90,000 | -21.7% | -- | View Prior Sale |
| 11/29/2016 11/29/16 | Pending | -- | -- | -- | |
| 05/10/2016 05/10/16 | For Sale | $115,000 | 0.0% | -- | |
| 05/05/2016 05/05/16 | Pending | -- | -- | -- | |
| 04/13/2016 04/13/16 | For Sale | $115,000 | -- | -- |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $183,000 | Old Republic Title | |
| Grant Deed | $90,000 | Kankakee Cnty Title & Tr |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $173,850 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12710105
APN: 16-17-06-222-017
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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