Updated Quadplex with
For Sale
Contact for pricing
543 S 3rd Avenue, Kankakee, IL 60901
Four renovated apartments include an unfinished basement and dedicated parking areas.
Property SizeContact for details
Days on Market32
Property Features for 543 S 3rd Avenue
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Multifamily
Zoning
MULTI
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Building Details
Year Built
1960
Buildings
1
Listing Agency:
Realty of America, LLC
Listed By:
Antony Toledo · License #475204731
Source:
Crexi
Added: Jul 30
Changed: Aug 28
Last Checked: Aug 29 at 2:29PM
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 Realty of America, LLC
Investment Insights
Based on property information with market context.
This MULTI-zoned quadplex, built in 1960, contains four comparable apartments. Each unit offers two bedrooms, one bathroom, and approximately 800 square feet, with updates and rehabilitation completed throughout. All equipment is electric, including the heaters and water heaters, and tenants are responsible for their electric service. An unfinished basement provides space for a potential laundry room.
Parking includes two spaces at the rear, four spaces at the front, and a 1.5-car garage that can provide additional income potential. The property is in downtown Kankakee, within walking distance of grocery stores, gas stations, parks, museums, and the library. The Kankakee Riverfront project is described as steps away.
Parking includes two spaces at the rear, four spaces at the front, and a 1.5-car garage that can provide additional income potential. The property is in downtown Kankakee, within walking distance of grocery stores, gas stations, parks, museums, and the library. The Kankakee Riverfront project is described as steps away.
Key Highlights
- Four similar 2 bed, 1 bath units at 800sqft/unit
- Units have been updated and rehabbed
- Unfinished basement with opportunity for a laundry room
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,276
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four renovated apartments include an unfinished basement and dedicated parking areas.
Where is this quadplex located?
The property is located at 543 S 3rd Avenue Kankakee, IL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Four similar 2 bed, 1 bath units at 800sqft/unit; Units have been updated and rehabbed; Unfinished basement with opportunity for a laundry room
