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$ 3,899,000
Est. payment | /mo
2.36 Acres Lot
$ 3,899,000
Est. payment | /mo
2.36 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12013807
Year Built 1974
Annual Tax Amount $17,260
Tax Year 2024
Lot Size 2.360 Acres
Lot Dimensions 115 200 X 450
Property Sub-Type Multi Family 5+
Property Description
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!
Location
State IL
County Kankakee
Area Kankakee
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
Utilities Available Sewer Connected
Roof Type Fiberglass
Building
Dwelling Type Multi Family 5+
Water Community Water
Structure Type Wood,Vinyl Siding,Brick
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Buck Tamblyn of McColly Bennett Real Estate
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