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$145,000
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Property Description
Great cash flow in this triplex with 2 - 2bed, 1 bath units and 1 very large unit with 3 bed, 2 bath. One unit currently vacant but building has a strong rental history. New metal roof 2025! Full rehab with new vinyl double hung windows, insulation and siding with full tear-off 2020-2021. New 40 gallon water heater installed 7/2025, comes with 9 year warranty. Apt 1: 2,000 sq ft. Carpets in living room, back bedroom and master bedroom 2018. Laminate flooring 2019 in 3rd bedroom and in hallway and mudroom 2022. Luxury vinyl plank in kitchen and laundry 2019. Electric and gas hook ups in laundry room. New exterior front porch and stairs 2021. New sliding glass door and front picture window 2021. New exterior main door and storm door 2022. Rent $800 but could be higher. Apt 2: Remodeled 2020. New kitchen includes: Cabinets, sink, windows, luxury vinyl plank flooring, & GFCI protected outlets. New electric service panel, furnace, toilet and interior doors 2020. Plumbed for in unit washer and electric dryer- 2024. Large dining, living and bathroom with laminate flooring in living and dining room. New gas furnace 2019. Rent - $650. Apt 3: New carpet in bedrooms and living room 2019. New vinyl plank flooring kitchen and bathroom 2024. Large furnace work completed 2020 and upgraded plumbing 2024. New kitchen faucet, toilet, electric service panel and electric wiring 2019. Kitchen exhaust fan 2021. Rent -$600. Owner is licensed real estate agent in IL/IA.
Full Property Details
Full Property Details for 716 W 3rd St
General
- Price: $145,000
- HOA FEE: $1,025
- Taxes: $757 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: QC4262286
- Updated: 1/16/2026
- Added to Site: 275 day(s) ago
Interior
- Basement: Full
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Additional Information
- Equipment: Water Heater-Gas
Parking
- Parking Features: Alley Access, Guest, Other
Location
- Area: Kewanee
- County: Henry
- Township: Kewanee
- Driving Directions: S on Exit 27 from I-80 onto County Rd 5, Left on IL Hwy 81, Rt on Rice St, Left on W 3rd
School Information
- School District: 229
- Elem School District: 229
- Midd School District: 229
- High School District: 229
- Elementary School: IrvingEl
- High School: KewaneeHS
- Private School: KewaneeHS
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Foundation: Brick/Mortar
- Year Built: 1907
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.19
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 56 x 145
- Lot Features: Level
Green Features
- Energy Efficient: Water Heater
Financial Considerations
- Maint. Fee: $1,025
- Insurance Fee: $1,878
- Assessment Year: 1907
- Tax Amount: $757.38
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard, Real Estate Owned
- Property ID: 2032234017
Listed by Ruhl&Ruhl REALTORS Moline
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Schools
Schools serving 716 W 3rd St
School District:Kewanee Community Unit School District 229
| Name | Grades | Distance |
|---|---|---|
Irving Elementary School, Kewanee, IL 609 West Central Boulevard, Kewanee, IL 61443 | 2-3 | 0.3 mi |
Central Elementary School, Kewanee, IL 215 East Central Boulevard, Kewanee, IL 61443 | 4-6 | 0.7 mi |
Belle Alexander Elementary School 1401 Lake Street, Kewanee, IL 61443 | K-1 | 1.5 mi |
Central Junior High School, Kewanee, IL 215 East Central Boulevard, Kewanee, IL 61443 | 7-8 | 0.7 mi |
Kewanee High School 1101 East 3rd Street, Kewanee, IL 61443 | 9-12 | 1.2 mi |
Neponset Grade School 201 West Main Street, Neponset, IL 61345 | PK-8 | 8.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 716 W 3rd St
Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$145,000
-1.69%
MLS
4/16/2025
Listed
$147,500
767.65%
MLS
1/31/2017
Sold
$17,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 716 W 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$669
—
$6,832
10%
2021
$669
—
$6,216
8%
2021
$669
2%
$5,755
2%
2020
$658
-2%
$5,628
-4%
2019
$669
-3%
$5,873
-2%
2018
$691
2%
$6,017
1%
2017
$680
-67%
$5,940
-67%
2016
$2,052
169%
$17,935
2%
2015
$762
-3%
$17,636
-2%
2013
$785
—
$17,905
-1%
2013
$785
—
$18,086
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 716 W 3rd St
716 W 3rd Street, Kewanee, IL 61443 (MLS# QC4262286) is a Multi-Family property with 3 units containing 0 bedrooms and 4 full bathrooms. 716 W 3rd Street is currently listed for $145,000 and was received on April 16, 2025. Want to learn more about 716 W 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Kewanee? You can browse all Kewanee real estate or contact a Coldwell Banker agent to request more information.
