Kankakee, IL 60901 553 S 3rd Street

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Presented By: Exclusive Realtors
  • MLS# 12479360
  • 09/23/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 1

Home Details

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!
Presented By: Exclusive Realtors

Interior Features for 553 S 3rd Street

Bedrooms

Bedrooms Possible4
Total Bedrooms4

Bathrooms

Full Baths Building1
Half Baths Building
Total Baths1

Other Interior Features

BasementUnfinished, Partial
Total Number of Units4

Other Rooms

General for 553 S 3rd Street

CityKankakee
Construction MaterialsStucco
ContingencyFinancing
CountyKankakee
DirectionsEast on Court St, South on 3rd St, house on the right.
Elementary School District111
HeatingElectric
High School District111
MLS AreaKankakee
Middle/Junior School District111
ModificationTimestamp2025-10-21T20:09:02.542Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount3032.4
Tax Year2024
Total Rooms12
TownshipKankakee
Year Built1950

Exterior for 553 S 3rd Street

Lot Dimensions50x100
Parking FeaturesOn Site, Owned
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $194,900
MLS#12479360
List Date 09/23/2025
Property Type Contingent
Phone 847.485.2500
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