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$525,000

Est. payment - /mo

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2 Beds

2 Baths

Active

261 Mohawk DR Bourbonnais, IL 60914

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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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

Listed by Thomas Shanley of Horvath & Tremblay IL, LLC

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106