553 S 3rd St
Kankakee, IL 60901
- 4 Beds
- 1 Bath
4 Beds
1 Bath
Local Information
© Google
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Description
Introducing a beautifully refreshed two-story four-unit building in the heart of Kankakee, Illinois, just a couple of blocks from the upcoming East Riverwalk park, set to be completed by year's end. All Units are 1 bed 1 bath. Each unit in this fully rented property has been thoughtfully updated before occupancy, featuring modern vinyl plank flooring, fresh paint, and refinished cabinets and countertops. Each unit is equipped with its own refrigerator and stove. The building also offers a newer rubber roof (just three years old), durable vinyl windows, steel staircases, and a basement area with potential for coin laundry installation. Tenants cover their own electric, gas, and water, while the landlord covers sewer and garbage. Current rents are 800, 650, 600, and 750 per unit. Updated plumbing and electrical. Schedule your private showing today!
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 January 01, 2026
Home Highlights
Parking
8 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 553 S 3rd St
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MLS Status: Closed |
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Interior Details Basement: Unfinished,PartialNumber of Rooms: 12 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 1 |
Heating & Cooling Heating: ElectricHas HeatingHeating Fuel: Electric |
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Parking & Garage No Attached GarageParking Spaces: 8Parking: Owned |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: StuccoNot a New Construction |
Property Information Parcel Number: 16170622201800 |
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Price List Price: $194,900 |
Status Change & Dates Off Market Date: Tue Oct 21 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Kankakee |
School Information Elementary School District: 111Jr High / Middle School District: 111High School District: 111 |
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Lot Area: 5000 sqft |
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Special Conditions: None |
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Listing Terms: VA |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12479360 |
Last check for updates: about 2 hours ago
Listed by Paul Kirkpatrick, (815) 405-2964
Exclusive Realtors
Bought with: Antony Toledo, (815) 325-5012, Realty of America, LLC
Source: MRED as distributed by MLS GRID, MLS#12479360

Price History for 553 S 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/09/2025 | $170,550 | Sold | MRED as distributed by MLS GRID #12479360 |
| 10/21/2025 | $194,900 | Contingent | MRED as distributed by MLS GRID #12479360 |
| 09/25/2025 | $194,900 | Listed For Sale | MRED as distributed by MLS GRID #12479360 |
Comparable Sales for 553 S 3rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | $100,000 | 04/03/26 | 4 | 1 | - | |
0.21 | Multi-Family Home | $200,000 | 04/03/26 | 4 | 4 | - | |
0.12 | Multi-Family Home | $100,000 | 09/29/25 | 2 | 2 | - | |
0.45 | Multi-Family Home | $140,000 | 06/26/25 | 4 | 2 | - | |
0.25 | Multi-Family Home | $105,000 | 11/24/25 | 3 | 2 | - | |
0.29 | Multi-Family Home | $90,000 | 09/15/25 | 3 | 3 | - | |
0.51 | Multi-Family Home | $120,000 | 08/22/25 | 4 | 3 | - | |
0.66 | Multi-Family Home | $150,000 | 10/30/25 | 4 | 2 | - | |
0.30 | Multi-Family Home | $85,000 | 08/15/25 | 3 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 553 S 3rd St.
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
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 553 S 3rd St
Off Market Homes Near 553 S 3rd St

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 553 S 3rd St
553 S 3rd St, Kankakee, IL 60901 is a 4 bedroom, 4 bathroom multi-family built in 1950. This property is not currently available for sale. 553 S 3rd St was last sold on Dec 9, 2025 for $170,550 (12% lower than the asking price of $194,900). The current Trulia Estimate for 553 S 3rd St is $175,500.

