341 S  5th Ave, Kankakee, IL 60901
SOLD
NOV 24, 2025

341 S 5th Ave
Kankakee, IL 60901

  • 3 Beds
  • 2 Baths

$105,000

Last Sold: Nov 24, 2025
9% below list $115K
Est. Refi. Payment $781/mo*

$105,000

Last Sold: Nov 24, 2025
9% below list $115K
Est. Refi. Payment $781/mo*
3 Beds
2 Baths

Homes for sale near 341 S 5th Ave

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Fantastic investment opportunity! This affordable and well-maintained 2-unit property is a rare find, with tenants in place for over 10 and 15 years, providing stable, long-term rental income. The home has been meticulously cared for, minimizing maintenance concerns. Whether you're looking to expand your portfolio or start your investment journey, this property offers immediate cash flow with reliable tenants and a solid foundation. Updated Furnaces, electrical panels and water heaters.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from November 24, 2025

Home Highlights

Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 341 S 5th Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Stone
Parking & Garage
No Attached GarageParking Spaces: 4Parking: Unassigned,Off Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 16170621401700

Price & Status

Price
List Price: $115,000
Status Change & Dates
Off Market Date: Thu Oct 30 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: Kankakee
School Information
Elementary School District: 111Jr High / Middle School District: 111High School District: 111

Lot Information

Lot Area: 7500 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12384373
Last check for updates: 15 minutes ago
Listed by Monica Pizano, (815) 671-6209
RE/MAX Prestige Homes
Bought with: Fawad Shahid, ABR,SFR, (708) 698-1009, Carnelian Realty Group
Source: MRED as distributed by MLS GRID, MLS#12384373

Price History for 341 S 5th Ave

DatePriceEventSource
11/24/2025$105,000Sold
MRED as distributed by MLS GRID #12384373
11/21/2025$115,000PendingMRED as distributed by MLS GRID #12384373
10/30/2025$115,000ContingentMRED as distributed by MLS GRID #12384373
09/05/2025$115,000PriceChange
MRED as distributed by MLS GRID #12384373
08/07/2025$119,000PriceChange
MRED as distributed by MLS GRID #12384373
07/16/2025$125,000PriceChange
MRED as distributed by MLS GRID #12384373
06/06/2025$130,000Listed For SaleMRED as distributed by MLS GRID #12384373
11/27/2024$95,000Sold
MRED as distributed by MLS GRID #12185330
10/21/2024$95,000ContingentMRED as distributed by MLS GRID #12185330
10/17/2024$95,000Listed For SaleMRED as distributed by MLS GRID #12185330
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Property Tax and Assessment

Year2024
Tax$3,034
Assessment$76,983
Home facts updated by county records

Comparable Sales for 341 S 5th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Multi-Family Home
$100,000
04/03/26
4
1
-
0.04
Multi-Family Home
$110,000
05/29/25
5
3.5
-
0.15
Multi-Family Home
$100,000
09/29/25
2
2
-
0.25
Multi-Family Home
$90,000
09/15/25
3
3
-
0.19
Multi-Family Home
$85,000
08/15/25
3
2
-
0.45
Multi-Family Home
$150,000
10/30/25
4
2
-
0.29
Multi-Family Home
$140,000
06/26/25
4
2
-
0.24
Multi-Family Home
$200,000
04/03/26
4
4
-
0.25
Multi-Family Home
$170,550
12/09/25
4
1
-

What Locals Say about Kankakee

At least 210 Trulia users voted on each feature.
  • 85 % Say car is needed

  • 80 % Say parking is easy

  • 79 % Say yards are well-kept

  • 75 % Say there are sidewalks

  • 67 % Say it's dog friendly

  • 64 % Say there's holiday spirit

  • 60 % Say kids play outside

  • 51 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 46 % Say it's walkable to restaurants

  • 44 % Say there's wildlife

  • 44 % Say streets are well-lit

  • 43 % Say they plan to stay for at least 5 years

  • 40 % Say it's walkable to grocery stores

  • 38 % Say people would walk alone at night

  • 25 % Say there are community events

Learn more about our methodology.
  • Donna Tymec
    "I use my car everything is accessible with in 2-10 minutes. Buses run till 11 pm. Commute is easy hardly any congestion when traffic comes "
  • Vinnie Crump
    "Like that most people are friendly . People have ongoing relationships with neighbors and feel safe. People with dogs seem to respect their neighbors and boundaries don’t leave their dogs outside all evening just letting them bark and bark and bark "
  • Sluiterdbm
    "Plenty of people walking dogs in the neighborhood and a park down by the river as well. Very nice neighborhood!"
  • Sluiterdbm
    "I’ve lived here for 22 years in the historic district and there are very unique historical homes to enjoy on walks and friendly neighbors. Very beautiful sunsets over the river to enjoy as well!"
  • Kathleen Donovan Downey
    "…………Herscher is a great school district. Friendly neighborhood. Nice state park nearby. Safe for kids to play outside. "
  • Kevali Amphy
    "I wouldn’t take public transportation unless absolutely necessary. Little to no traffic. State and local police are active."
  • Maliknorsworthy
    "ne of the main roles of parents is providing encouragement, support and access to activities that enable a child to master key developmental"
  • Olivia Johnson
    "Great access love this community. I am foreign here born and raised. I appreciate everything in this community."
  • Lateesakfoster93
    "I’ve Been here all my life..very small and quiet.I will recommend if anyone is looking for a smaller town to live."
  • Mark E. H.
    "Great schools and right next to Hawkins Park with a 2/3 mile jogging track. Close to hospitals. Country living. "
  • Angela W.
    "It’s run down. People don’t try to improve their property, they do the bare minimum. The Alderman doesn’t enforce anything they just get a check."
  • Danniiemarie
    "It’s loud at night where I’m by, parties and drinking plus smoking all through the night. If you want to live here just beware"
  • Olivia Q.
    "I don’t like it.hear to many gun shots, have had a package stolen from my front porch and the lighting outside for the streets suck they aren’t bright at all "
  • Cristinatrujillo5783
    "No one helps out no one turns in the bad Guys it needs to stop we need to come together to make it town better "
  • Kennice B.
    "I lived here for 1 yr it's been pretty quiet nice place to live so far will recommend neighborhood to anyone "
  • Cristinatrujillo5783
    "None we have no events and there is always shooting in the area and they go to jail for a week and get out "
  • Gerraile
    "There are parks and green spaces but you have to travel through intrepid waters or neighborhoods to get to some. "
  • Michelle B.
    "not the best neighborhood, some areas are good some are not so great. Be sure to do your research on the areas before making your decision."
  • Ayersloretta53
    "I've lived in this area for six years and it has been going down hill every since. Loud music and roudy people are moving into thr area."
  • Nimon B.
    "only one dog in my neighborhood and they pick up after it...but over all it's a really nice neighborhood where I stay at."
  • Djsluiter
    "We have a holiday housewalk and are constantly doing special events. For Christmas our neighborhood has just started a parade of lights and in the summer there are bike races and block parties, wine and cheese events etc. "
  • Djsluiter
    "Great place with good parks and plenty of areas to walk dogs. There is the Kankakee River that is always a good place to bring dogs. "
  • Donnajones287
    "Lived here for almost two years now and this town sucks and the police are even worse. It's not safe here and the hookers walk around with there gas and wash cups to let it know there open for business. "
  • Kellielafevor
    "Our community does amazing things. The farmers market, downtown activities, the public library. We love our daycare and preschool in the district. "

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

Homes for rent near 341 S 5th Ave

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Off Market Homes Near 341 S 5th Ave

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Explore by feature

341 S 5th Ave, Kankakee, IL 60901 is a 3 bedroom, 2 bathroom multi-family built in 1910. This property is not currently available for sale. 341 S 5th Ave was last sold on Nov 24, 2025 for $105,000 (9% lower than the asking price of $115,000).