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210 - 280 Tedmark Court Kankakee IL 60901US108 Bed, 58.00 Bath (58 Full Bath), 12013807
210 - 280 Tedmark Court KankakeeIL60901
3999000.0000 1/1/1900 12:00:00 AM
Realty Executives Premier (Schererville)
21 E. US Highway 30ScherervilleIN46375
219-462-2224
1 /

Courtesy of: Jay Tamblyn, McColly Bennett Real Estate, bucktamblyn@mccolly.com

210 - 280 Tedmark Court
Kankakee IL 60901 US

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1 /

Courtesy of: Jay Tamblyn, McColly Bennett Real Estate, bucktamblyn@mccolly.com

Realty Executives Premier (Schererville)
21 E. US Highway 30
Schererville, IN, US 46375
219-462-2224

Get more info about this property

210 - 280 Tedmark Court
Kankakee IL 60901 US

$3,999,000

Active Listing ID 12013807
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108 bed
bath icon
58.00 Bath (58 Full)
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Lot: 2.36 Acres
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Other

$3,999,000

Active Listing ID 12013807
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210 - 280 Tedmark Court FOR SALE - KANKAKEE - 58 UNIT APARTMENT COMPLEX - This seller is offering the Tedmark & Cooper Apartment Complex, a 58-unit, seven building multifamily portfolio in Kankakee, IL at a purchase price of $3, 999, 000 equal to $68, 965 per unit. The property has been operating under IHDA regulations, with extended use requirements, that ended December 2025, creating a rare and immediate market rate conversion opportunity. With rents below market rate, above normal vacancy and turnover constrained by compliance rules, the portfolio is positioned for a new owner to execute a high impact value add strategy and unlock substantial NOI growth. Also, with the IHDA expiration, this would be an opportune time for the buyer to incorporate RUBS (Ratio Utility Billing System) for additional value add income! PROPERTY OVERVIEW 58 Total Units Across Seven Buildings 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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Property Features

  • Facts
  • Lot Size: 2.36 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 58
  • Roof Type: Fiberglass

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3999000
  • unparsedaddress: 210 - 280 Tedmark Court
  • postalcity: Kankakee
  • stateorprovince: IL
  • country: US
  • postalcode: 60901
  • bathroomsfull: 58
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.36
  • lotsizeunits: Acres
  • lotsizearea: 2.36
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.117447
  • longitude: -87.826149
  • listagentfullname: Jay Tamblyn
  • listagentemail: bucktamblyn@mccolly.com
  • listagentkey: 3yd-MREDIL-940284
  • listagentmlsid: 940284
  • listagentpreferredphone: (219) 864-7200
  • listagentofficephone: 8155494301
  • listofficekey: 3yd-MREDIL-94050
  • listofficemlsid: 94050
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1974
  • listingcontractdate: 2026-02-10
  • listagenturl: http://www.mccolly.com
  • countyorparish: Kankakee
  • parcelnumber: 12170310602500
  • constructionmaterials: Wood, Vinyl Siding, Brick
  • numberofunitstotal: 58
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • roof: Fiberglass
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 6, Bathroom 22, Bathroom 14, Bedroom 32, Bathroom 26, Bedroom 38, Bedroom 69, Bedroom 108, Bathroom 10, Bathroom 46, Bathroom 16, Bedroom 70, Bedroom 34, Bathroom 30, Bedroom 77, Bathroom 32, Bathroom 24, Bedroom 5, Bathroom 35, Bathroom 7, Bathroom 39, Bedroom 21, Bedroom 87, Bathroom 12, Bedroom 97, Bedroom 52, Bedroom 65, Bathroom 56, Bedroom 93, Bedroom 94, Bedroom 35, Bedroom 28, Bathroom 58, Bathroom 20, Bathroom 5, Bedroom 50, Bedroom 40, Bedroom 49, Bedroom 60, Bathroom 28, Bathroom 48, Bedroom 10, Bedroom 37, Bedroom 13, Bathroom 23, Bathroom 3, Bedroom 46, Bedroom 15, Bedroom 62, Bedroom 20, Bedroom 47, Bedroom 57, Bedroom 74, Bedroom 25, Bathroom 18, Bedroom 79, Bedroom 29, Bedroom 39, Bedroom 81, Bedroom 23, Bedroom 11, Bedroom 30, Bathroom 21, Bathroom 43, Bathroom 36, Bedroom 43, Bedroom 88, Bathroom 45, Bedroom 107, Bedroom 33, Bedroom 91, Bedroom 84, Bathroom 50, Bedroom 61, Bathroom 2, Bedroom 64, Bedroom 80, Bedroom 59, Bedroom 41, Bathroom 40, Bedroom 66, Bedroom 51, Bedroom 1, Bedroom 54, Bedroom 36, Bathroom 8, Bathroom 34, Bathroom 57, Bedroom 8, Bedroom 102, Bedroom 83, Bathroom 1, Bedroom 104, Bedroom 98, Bathroom 51, Bathroom 31, Bathroom 29, Bedroom 18, Bathroom 13, Bedroom 27, Bedroom 105, Bathroom 38, Bathroom 44, Bedroom 82, Bathroom 4, Bedroom 4, Bathroom 54, Bedroom 17, Bedroom 55, Bathroom 19, Bedroom 7, Bedroom 96, Bedroom 12, Bedroom 24, Bathroom 55, Bedroom 92, Bedroom 2, Bathroom 25, Bedroom 89, Bathroom 27, Bedroom 76, Bathroom 47, Bedroom 14, Bedroom 9, Bedroom 71, Bedroom 44, Bedroom 75, Bedroom 22, Bedroom 78, Bedroom 67, Bedroom 99, Bathroom 52, Bathroom 33, Bathroom 53, Bedroom 85, Bedroom 90, Bedroom 68, Bathroom 9, Bedroom 73, Bedroom 58, Bedroom 86, Bedroom 101, Bedroom 19, Bedroom 95, Bathroom 42, Bedroom 103, Bedroom 3, Bathroom 37, Bedroom 42, Bathroom 49, Bedroom 100, Bathroom 11, Bathroom 15, Bedroom 16, Bedroom 56, Bedroom 48, Bedroom 53, Bedroom 106, Bedroom 72, Bathroom 41, Bedroom 31, Bedroom 45, Bathroom 17, Bedroom 63, Bedroom 26, Bathroom 6
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.82615, 41.117447
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"McColly Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"bucktamblyn@mccolly.com", "ListBrokerageCity":"Schererville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dhorton@mccolly.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/620d6bc1480411df845a00219b9aa4d8/20100414164428837.png", "ListBrokerageName":"McColly Real Estate", "ListBrokeragePhone":"(219) 864-7200", "ListBrokeragePostalCode":"46375", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"800 Deer Creek Drive", "ListBrokerageWebsiteUrl":"http://www.mccolly.com", "ListOfficeAddress1":"29 Heritage Drive ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"94050", "ListOfficeCity":"Bourbonnais", "ListOfficeCountry":"USA", "ListOfficeEmail":"aczako@mccolly.com", "ListOfficePostalCode":"60914", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Kankakee, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-03-29 05:06:12", "Neighborhoods":[{"Description":null, "Name":"Kankakee"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":17260, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/29/2026 5:16:38 AM GMT
Source Updated Date: 4/1/2026 6:59:59 PM GMT

Courtesy of: Jay Tamblyn, McColly Bennett Real Estate, bucktamblyn@mccolly.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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