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$152,500
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Property Description
This property is being sold with 381 S Nelson. Two separate buildings on individual PINs. Each with two townhome-style units, for a total of four 2-bedroom, 1-bathroom rental units. Average rent $950 per month per unit with tenants paying all separate utilities. Each unit features a basement, hardwood floors, new furnace, updated electrical, new windows, and new roof. $340,000 for both buildings Agent Owned
Full Property Details
Full Property Details for 361 S Nelson Ave
General
- Sold For: $152,500
- Taxes: $4,469 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12540543
- Added to Site: 80 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: Kankakee
- County: Kankakee
- Driving Directions: station to nelson and south to property
School Information
- School District: 111
- Midd School District: 111
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Year Built: 1946
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 145
Financial Considerations
- Assessment Year: 1946
- Tax Amount: $4,469
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16170411500900
Listed by Village Realty Inc
Sold by Berkshire Hathaway HomeServices Speckman Realty
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Schools
Schools serving 361 S Nelson Ave
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
King Middle Grade School 1440 East Court Street, Kankakee, IL 60901 | 3-6 | 0.2 mi |
Edison Primary School 1991 East Maple Street, Kankakee, IL 60901 | K-3 | 0.3 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 0.7 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 361 S Nelson Ave
Date
Details
Price
Change
Source
2/20/2026
Sold
$152,500
-10.29%
MLS
1/05/2026
Listed
$170,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
361 S Nelson Avenue, Kankakee, IL 60901 (MLS# 12540543) is a Multi-Family property that was sold at $152,500 on February 20, 2026. Want to learn more about 361 S Nelson Avenue? Do you have questions about finding other Multi-Family real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

