368 Wall ST Save Request In-Person Tour Request Virtual Tour
Kankakee,IL 60901
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12433905
Bedrooms 4
Year Built 1960
Annual Tax Amount $4,429
Tax Year 2024
Lot Dimensions 50x100
Property Sub-Type Two to Four Units
Property Description
Investor Alert! Discover an exceptional opportunity with this legally nonconforming property license with the city of Kankakee featuring two separate homes on one lot, offering maximum versatility and strong income potential. Whether you're looking to offset your housing costs by living in one of the houses and renting the other, or to rent both homes out for steady cash flow, this property delivers. The front home offers a spacious 2-bedroom, 1-bath layout with an open-concept living and dining area, an updated kitchen with a walk-in pantry, a full basement, and a roof with plenty of life left in it. All utilities are separately metered. The rear home was fully remodeled just two years ago and includes 2 bedrooms, 1 bathroom, brand-new flooring, electric baseboard heating, and an added laundry room for increased tenant appeal. The front unit is easily rented for $1,100, while the back unit has brought in $975 monthly. The rear unit is currently vacant to allow for easy showings. Don't miss this rare dual-unit investment in a desirable area-schedule your private tour today!
Location
State IL
County Kankakee
Area Kankakee
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas,Electric
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Aluminum Siding,Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Vinyl Siding
New Construction false
Schools
School District 111 ,111, 111
Others
Ownership Fee Simple
Special Listing Condition None