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393 N Harrison Ave
Kankakee, IL 60901
Renaissance Center Apartments · Multifamily Property For Sale

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EXECUTIVE SUMMARY

The Renaissance Center Apartments is a well-positioned multifamily community in Kankakee, Illinois consisting of a total ten residential buildings across two convenient locations. The property includes eight 4-unit buildings and two 10-unit buildings offering a total of 52 units. A key feature of Renaissance Center Apartments is its long-term Housing and Urban Development (HUD) contract, which secures attractive rental rates through August 3, 2029. This contract provides reliable income stability and strong appeal for both residents and investors

PROPERTY FACTS

Price / SF $95.27 / SF
Cap Rate 8.15%
Sale Type Investment
Status Active
Number of Properties 10
Individually For Sale 0
Total Building Size 54,584 SF
Total Land Area 2.35 AC
  • Listing ID: 38054153

  • Date on Market: 10/13/2025

  • Last Updated:

  • Address:

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