58-Unit Apartment
For Sale
$4,350,000
210-280 Tedmark Court, Kankakee, IL 60901
Seven-building multifamily portfolio with MULTI zoning and extended-use requirements that concluded in December 2025.
Property Size102,802 SF
Price / SF$42.31
Days on Market207
Property Features for 210-280 Tedmark Court
General Information
Standard status
Active
Size
102,802 SF
Property subtype
Multi Family 5+ / Corridor-Exterior Entrance
Zoning
MULTI
Additional Details
Asking Price
$4,350,000
Multifamily Units
58
Taxes and HOA fees
Annual Taxes
$17,260
Building Details
Year Built
1974
Buildings
7
Stories
3
Listing Agency:
McColly Bennett Real Estate
(815) 549-4301
Listed By:
Jay Tamblyn · License #475131086
(815) 549-4301
Source:
Compass
Added: Feb 4
Changed: Aug 30
Last Checked: Aug 30 at 10:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McColly Bennett Real Estate
Investment Insights
Based on property information with market context.
This multifamily property comprises 58 apartment units distributed among seven buildings, with a combined property size of 102,802 square feet. Constructed in 1974, the complex is located at 210-280 Tedmark Court in Kankakee, Illinois, and carries MULTI zoning.
The unit distribution includes 12 units at 210 Tedmark Ct., 4 units at 220 Tedmark Ct., 4 units at 230 Tedmark Ct., 8 units at 240 Tedmark Ct., 12 units at 2755 Cooper Dr., 12 units at 2779 Cooper Dr., and 6 units at 280 Tedmark Ct. Operations had been subject to IHDA regulations and extended-use requirements, which ended in December 2025, providing a documented transition point for future ownership and management decisions.
The unit distribution includes 12 units at 210 Tedmark Ct., 4 units at 220 Tedmark Ct., 4 units at 230 Tedmark Ct., 8 units at 240 Tedmark Ct., 12 units at 2755 Cooper Dr., 12 units at 2779 Cooper Dr., and 6 units at 280 Tedmark Ct. Operations had been subject to IHDA regulations and extended-use requirements, which ended in December 2025, providing a documented transition point for future ownership and management decisions.
Key Highlights
- 58 apartment units across seven buildings
- 102,802‑square‑foot multifamily property constructed in 1974
- MULTI zoning in Kankakee, IL
Property Analytics
Current Use
Lease Details
58
Residential units
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 60901, IL
33,628
Population
15,357
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
86%
High-School Grad
97.3 sq mi
ZIP Area
346
Density / Sq Mi
$54,557
Median Household Income
$36,244
Median Earnings
$1,020
Median Rent
$143,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-building multifamily portfolio with MULTI zoning and extended-use requirements that concluded in December 2025.
Where is this apartment building located?
The property is located at 210-280 Tedmark Court Kankakee, IL.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 58 apartment units across seven buildings; 102,802‑square‑foot multifamily property constructed in 1974; MULTI zoning in Kankakee, IL
