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$184,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 1 day ago
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Fully occupied 5-unit building with off street parking. Each unit has 1 bedroom, 1 bath and separate utilities. 4 units have gas heat and 3 units have central ac, the 5th unit has electric heat and window ac unit. Very productive unit and seller is motivated, will entertain all offers.

Full Property Details for 560 S 5th Ave

General

  • Price: $184,900
  • Taxes: $3,417 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12607747
  • Updated: 4/1/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Unfinished

Location

  • Area: Kankakee
  • County: Kankakee
  • Township: Kankakee
  • Driving Directions: Court St. to Washington, south to Station, west to 5th, then south to property.

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Window Unit(s)
  • Heating Type: Gas

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Stories/Levels: 3
  • Current Bldg. Use: Multi-Family
  • Year Built: 1910
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 5
  • Units w/Range/Oven: 5

Lot Features

  • Lot Dimensions: 50 x 145 x 50 x 150
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1910
  • Tax Amount: $3,417.82
  • Tax Year: 2024
  • Tenant Pays: Electricity, Heat

Disclosures and Reports

  • Property ID: 16170622100600

Listed by Ultimate Realty Brokerage Svs

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— 560 S 5th Ave —

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Schools serving 560 S 5th Ave

School District:Kankakee School District 111
NameGradesDistance
John Kennedy Middle Grade School
1550 West Calista Street, Kankakee, IL 60901
3-60.7 mi
Kankakee Junior High School
2250 East Crestwood Street, Kankakee, IL 60901
7-82.1 mi
Kankakee High School
1200 West Jeffery Street, Kankakee, IL 60901
9-121 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 560 S 5th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/01/2026
Listed
$184,900
584.81%
MLS
1/29/2016
Sold
$27,000
—
Public Record
Get Price Alerts and Save Property
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 for 560 S 5th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,418
4%
$28,909
12%
2023
$3,293
8%
$25,754
14%
2022
$3,063
6%
$22,542
10%
2021
$2,891
8%
$20,400
11%
2020
$2,682
5%
$18,337
7%
2019
$2,556
4%
$17,058
8%
2018
$2,461
-11%
$15,794
2%
2017
$2,756
7%
$15,446
2%
2016
$2,583
4%
$15,143
-2%
2015
$2,495
—
$15,452
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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560 S 5th Avenue, Kankakee, IL 60901 (MLS# 12607747) is a Commercial property. 560 S 5th Avenue is currently listed for $184,900 and was received on April 01, 2026. Want to learn more about 560 S 5th Avenue? Do you have questions about finding other Commercial real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

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