491 S Chicago Avenue, Kankakee, IL 60901

• 6 beds |
• 4 baths

Property Description

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.

Listing Status:

Active

Data Last Updated:

April 30, 2026 at 4:20AM

Listing Office:

Compass : 630-677-5061

Listing Agent:

Vasiliki Skliros : 630-677-5061

MLS ID:

12562010

Interior

• Basement: Partially FinishedUnfinishedFull
• Heating: Natural GasElectricForced Air

Exterior

• Parking: YesGarage OwnedAttachedOff StreetDrivewayOwnedGarageParking spaces: 6

Construction

• Roofing: Slate
• General: Concrete Perimeter

Location

• HOA Amenities: CurbsSidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 111
• County: Kankakee

Lot

• Zoning: MULTI16170511601900

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple