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491 S Chicago Avenue, Kankakee, IL 60901

Kankakee
Local realty services provided by:CENTURY 21 New Beginnings
491 S Chicago Avenue,Kankakee, IL 60901
$160,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: vasiliki skliros, carmen salerno
Office: compass
MLS#:12562010
Source:MLSNI

Price summary

  • Price:$160,000

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:12562010
  • Updated:April 23, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:16
  • Basement:Yes
  • Basement Description:Full, Partially Finished, Unfinished

Heating and cooling

  • Heating:Electric, Forced Air, Natural Gas

Structure and exterior

  • Roof:Slate
  • Year built:1920
  • Lot Features:Corner Lot
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$160,000
  • Tax amount:$3,792 (2024)

Parking

  • Total parking spaces:6
  • Parking description:Attached Garage, Driveway, Garage, Off Street
  • Garage:Yes
  • Garage spaces:2
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