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$ 525,000
Est. payment | /mo
2 Beds
2 Baths
$ 525,000
Est. payment | /mo
2 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12488812
Bedrooms 2
Maintenance Fees $2,500
Year Built 1985
Annual Tax Amount $9,112
Tax Year 2024
Lot Dimensions 15675
Property Sub-Type Two to Four Units
Property Description
Excellent investment opportunity with this fully electric 4-unit multifamily building, featuring spacious 2-bedroom, 1.5-bath units in a desirable and high-demand rental area. Tenants pay all there own utilities which is a great addition to this deal. The building has well below market rent so you would have the ability to increase rents to market rents immediately. NEW Parking lot was done in 2024 with 8 total parking spots. Building sits on a big parcel in which you have the ability to development an additional 4 units.
Location
State IL
County Kankakee
Area Bourbonnais
Rooms
Basement None
Interior
Heating Electric
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer, Other
Water Private
Structure Type Vinyl Siding
New Construction false
Schools
School District 53 , 307, 111
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Shanley of Horvath & Tremblay IL, LLC
O'Neia Washington
Designated Managing Broker | License ID: 471008905
+1(773) 985-2135 | oneia@owauctiongroup.com