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Listing provided courtesy of McColly Bennett Real EstateMREDas Distributed by MLSGrid- MLS# 12013807MLS Provider

210 - 280 Tedmark CourtKankakee, IL 60901

Commercial · 6 Beds · 2.36 Acres
$3,899,000 Active

210 - 280 Tedmark Court Overview

Time on Site:
140 days
Visits:
0

FOR SALE - KANKAKEE - 58 UNIT APARTMENT COMPLEX - Seven building multifamily portfolio in Kankakee, IL at a purchase price of $3,899,000 equal to $67,225 per unit. All buildings are adjacent with ample owned parking. Recently removed from IDHA Program, so no rental restrictions in place! PROPERTY OVERVIEW - 58 Total Units Across Seven Buildings - 43 units are 2 bedroom/1 bath, 10 units are 1 bedroom/1 bath, 4 units are 3 bedroom/1.5 bath, and one unit is an efficiency unit. 210 Tedmark Ct. - 12 units 220 Tedmark Ct. - 4 units 230 Tedmark Ct. - 4 units 240 Tedmark Ct. - 8 units 2755 Cooper Dr. - 12 units 2779 Cooper Dr. - 12 units 280 Tedmark Ct. - 6 units - GREAT INVESTMENT OPPORTUNITY - CALL TODAY!

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210 - 280 Tedmark Court Facts & Features

  • Type Commercial
  • Lot 2.36 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 480000
  • Gross Scheduled Income: 46800
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1974

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Kankakee
  • MLS Area Major: Kankakee
  • Township: Aroma

Rent/Lease Information

  • Tenant Pays: Electricity, Heat, Varies by Tenant

Tax Information

  • Tax Annual Amount: $16,193.00
  • Tax Year: 2025

General Information

  • Parcel Number: 12170310602500
  • Possible Use: Multi-Family
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Acres: 2.36
  • Lot Size Dimensions: 115 200 X 450
  • Lot Size Square Feet: 102802
  • Water Source: Community Water

Building Exterior/Construction

  • Construction Materials: Wood, Vinyl Siding, Brick
  • Roof: Fiberglass

General Information

  • Number Of Units Total: 58
  • Utilities: Sewer Connected

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 10

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 43

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 4

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Baths Total: 1
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

210 - 280 Tedmark Court Neighborhood

Community

60901 (KANKAKEE) Demographics

37
Median Age
362
Population Density (per sq. mile)
23%
College Educated
$49,090
Estimated Median Income
7,844
Estimated Total Home Owners
5,518
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

210 - 280 Tedmark Court Monthly Cost

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

210 - 280 Tedmark Court Market Data

Based on the last 30 days in this zip code

$225,943
Average List Price
$132
Average Price per Square Foot
16
Properties Sold
88
Average Days on Market
97
Properties for Sale
Calculations provided by Reliance Network

210 - 280 Tedmark Court History

Date Event Value Agent
6/1/2026Source: MRED Status Change
Active
5/27/2026Source: MRED Price Reduction
$3,899,000 -2.5%
5/27/2026Source: MRED Status Change
Price Change
3/28/2026Source: MRED Status Change
Active
3/23/2026Source: MRED Price Reduction
$3,999,000 -8.1%
3/23/2026Source: MRED Status Change
Price Change
2/15/2026Source: MRED Status Change
Active
2/10/2026Source: MRED Added to Database
February 10, 2026