by Crawford Realty LLC

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751 N 5th Avenue
Kankakee, IL, 60901
$2,240,000
2 Beds
1 Baths
0 SqFt
1.68 Acres
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MLS #MRD12586998 image #0
For Sale – 32 Unit Property in a great area of Kankakee. The units are all 2 Bed/1 Bath & the building is fully electric, with tenants paying heat, and in unit electric. Landlord is responsible for the water, sewer, garbage and common electric. All of the electric panels have been recently upgraded.

Property Details

Price:
$2,240,000
MLS #:
MRD12586998
Status:
Active Under Contract
Beds:
2
Baths:
1
Type:
Commercial
Neighborhood:
kankakee
Listed Date:
Mar 9, 2026
Year Built:
1976
KankakeeKankakee

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Schools

Interior

Exterior

Stories
2

Financial

Maintenance Fee
$16,000
Net Operating Income
$181,563
Tax Year
2024
Taxes
$37,794

Map

Community

Market Summary

Current real estate data for Commercial in Kankakee as of May 17, 2026
12
Commercial Listed
256
Avg DOM
$1,034,975
Avg List Price

Property Summary

    751 N 5th Avenue Kankakee IL is a Commercial for sale in Kankakee, IL, 60901. It is listed for $2,240,000

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disclosure
Courtesy of Horvath & Tremblay IL, LLC. Disclaimer: Based on information submitted to the MLS GRID as of May-16-2026 11:23:03 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2026. All rights reserved.
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751 N 5th Avenue
Kankakee, IL