221 Harvard Street
Momence, IL 60954

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $210,000

About this home

INVESTORS' ALERT! Don't miss out on this excellent rare investment property. (4) UNIT full brick building with newer roof. 8 Bedrooms and 4 Bathrooms in total. Each unit includes living room, kitchen, dining area, 2 bedrooms and full bathroom. Never vacant with great tenants! 4 Units @$650 each per month. Laundry is located in basement. Located on a corner lot with parking lot and street parking available. Units are within walking distance to schools, stores and the Kankakee river. A current tenant manages the property. Every tenant on month to month lease. You can rent them all or live in one and let the rest make your payments! Agent related to seller.

Property details

Property / Lot Details
Acreage 0.17
Lot Dimensions 140 X 54
Lot Size Less Than .25 Acre
NewConstructionYN 0
Ownership Fee Simple
Property Type Two to Four Units
Type Unit 1 Story Unit/s
Number Of Units in Building 4
Interior Features
Additional Rooms Utility Room-Lower Level
Basement Description Unfinished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Bedrooms (Below Grade) 0
Baths Count 4
Full Baths in Building Count 4
Half Baths in Building Count 0
Total Rooms 20
Units
unit 1
Appliances/Features Unit 1 Stove, Refrigerator, Microwave, Window Air Conditioner, Oven/Built-in
Beds Total 2
Number Full Baths-Unit 1 1
Baths Total 1
Lease Exp Date (Mo/Yr) - Unit 1 MTM
Number Of Rooms - Unit 1 5
Actual Rent 650
Sec Deposit $ - Unit 1 650
Tenant Pays - Unit 1 Electric
Floor Number - Unit 1 1
Number Half Baths-Unit 1 0
unit 2
Beds Total 2
Baths Total 1
Actual Rent 650
Appliances/Features Unit 2 Stove, Refrigerator, Microwave, Window Air Conditioner, Oven/Built-in
Number Full Baths-Unit 2 1
Lease Exp Date (Mo/Yr) - Unit 2 MTM
Number Of Rooms - Unit 2 5
Sec Deposit $ - Unit 2 650
Tenant Pays - Unit 2 Electric
Floor Number - Unit 2 1
Number Half Baths-Unit 2 0
unit 3
Beds Total 2
Baths Total 1
Actual Rent 650
Appliances/Features Unit 3 Stove, Refrigerator, Microwave, Window Air Conditioner, Oven/Built-in
Number Full Baths-Unit 3 1
Lease Exp Date (Mo/Yr) - Unit 3 MTM
Number Of Rooms - Unit 3 5
Sec Deposit $ - Unit 3 650
Tenant Pays - Unit 3 Electric
Floor Number - Unit 3 2
Number Half Baths-Unit 3 0
unit 4
Beds Total 2
Baths Total 1
Actual Rent 650
Appliances/Features Unit 4 Stove, Refrigerator, Microwave, Window Air Conditioner, Oven/Built-in
Tenant Pays - Unit 4 Electric
Number Full Baths-Unit 4 1
Lease Exp Date (Mo/Yr) - Unit 4 MTM
Number Of Rooms - Unit 4 5
Sec Deposit $ - Unit 4 650
Floor Number - Unit 4 2
Number Half Baths-Unit 4 0
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 31-40 Years
3 Bedroom Unit in Building No
Approx Year Built 1983
Parking and Garage Spaces 4
Exterior Building Type Brick
Parking Total 4
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Momence
Corporate Limits Momence
Directions Gladiolus St. to west on Illinois south on Harvard st. Located on the corner of Harvard St. and W. Indiana St.
Elementary School Je-Neir Elementary School
Elementary Sch Dist 1
Heat/Fuel Natural Gas, Baseboard, Radiant
High Sch Momence High School
High Sch Dist 1
Sewer Public Sewer
Water Public
Jr High/Middle School Momence Junior High School
Jr High/Middle Dist 1
Township Ganeer
Waterfront 0

Financials

Financing Cash
Fuel Expense $3,192
Fuel Expense Source Owner Projection
Gross Rental Income $31,200
Insurance Expense $2,329
Insurance Expense Source Owner Projection
Net Oper Income $18,515
Investment Profile Residential Income
Scavenger Expense $1,140
Water Expense $1,680

Tax/Assessments/Liens

PIN 06102422301200
Special Assessments N
Taxes $4,349
Tax Year 2020
$210,000 Listing Price:
MLS # 11204059
Investment Profile Residential Income
Listing Market Time 25 days
Basement Full
Type Unit 1 Story Unit/s
Number of Units in Building 4
Parking Space/s
List Date 08/30/2021
Year Built 1983
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