185 N Entrance Avenue
Kankakee, IL 60901

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $140,000
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About this home

KANKAKEE - 2 FLAT FOR SALE - Fully leased, excellent income producing property. The home has a new roof! 1st floor is a 3 bedroom/1 bath unit with access to basement for additional storage. There is a large eat-in kitchen. 2nd floor apartment is a 3 bedroom/1 bath and has a front balcony and large den off of kitchen. Good opportunity for investment or live in one and lease the other! There is a duplex directly across the street also for sale by the same owners (mls# 12087833), Buy both properties and get four units! Call today!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 41-50 Years
3 Bedroom Unit in Building Yes
Exterior Building Type Aluminum Siding
Exterior Property Features Balcony
Foundation Block
Parking None
Rehab Year 2023
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Kankakee
Zoning Type MULTI
Corporate Limits Kankakee
Directions Rte 17, N on Entrance, home on west side of street.
Elementary Sch Dist 111
Heat/Fuel Natural Gas
High Sch Dist 111
Sewer Public Sewer
Water Public
Jr High/Middle Dist 111
Township Kankakee
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 2
Full Baths in Building Count 2
Total Rooms 10
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1000
Appliances And Features None
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 800
Appliances And Features None
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 2
Property / Lot Details
Lot Dimensions 45X110
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Other
Type Unit 2 Flat, 2 Story Unit/s
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Other Expenses 2 2888
Gross Rental Income $21,600
Insurance Expense $1,350
ManagerExpense 1231
Net Oper Income $13,323
MaintenanceExpense 1728
Rental Income 21600
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16093232301200
Special Assessments U
Taxes $3,510
Tax Exemptions None
Tax Year 2023
$140,000 Listing Price:
MLS # 12096002
Investment Profile Residential Income
Listing Market Time 57 days
Basement Full
Type Unit 2 Flat, 2 Story Unit/s
Number of Units in Building 2
Parking None
List Date 06/27/2024
Year Built
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