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


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 | Number of Properties | 10 |
| Cap Rate | 8.15% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 54,584 SF |
| Status | Active | Total Land Area | 2.35 AC |
| 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 |
PROPERTIES
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