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$2,100,000
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Property Description
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.
Full Property Details
Full Property Details for 751 N 5th Ave
General
- Sold For: $2,100,000
- Taxes: $37,794 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12586998
- Added to Site: 149 day(s) ago
Location
- Area: Kankakee
- County: Kankakee
- Driving Directions: Head South on Kennedy Drive, make a left on 5th Ave, property is on the Right
Heating & Cooling
- Heating Type: Electric, Baseboard, Separate per Unit
Structural Information
- Stories/Levels: 2
- Year Built: 1976
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 1.68
- Lot Dimensions: 300 x 200
Financial Considerations
- Operating Expenses: $139,339
- Assessment Year: 1976
- Tax Amount: $37,794
- Tax Year: 2024
Disclosures and Reports
- Property ID: 16093210603400
Listed by Horvath & Tremblay IL, LLC
Sold by Core Realty & Investments Inc.
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Schools
Schools serving 751 N 5th Ave
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
John Kennedy Middle Grade School 1550 West Calista Street, Kankakee, IL 60901 | 3-6 | 1.3 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 2.4 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 1.8 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 751 N 5th Ave
Date
Details
Price
Change
Source
7/20/2026
Sold
$2,100,000
-6.25%
MLS
3/09/2026
Listed
$2,240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
751 N 5th Avenue, Kankakee, IL 60901 (MLS# 12586998) is a Commercial property that was sold at $2,100,000 on July 20, 2026. Want to learn more about 751 N 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.

