357-359 E Hickory Street
Kankakee, IL 60901

Status: Active
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $169,900
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About this home

Great investment opportunity with $26, 700 in gross income annually. New tenant in the refreshed 2 bedroom apartment, which just received new carpet and paint! New carpet going into one of the occupied 1 bedroom units in July. Separate central air, furnace and water heaters for all 3 units. Tenants pay their own gas and electric. New roof July 2017. 2 new A/C units in 2014.1 new furnace in 2018. No parking on site but property is next to a large free city lot with ample parking. Great location near restaurants, stores and downtown events such as seasonal farmer's market. 15 minutes from the new Gotion electric vehicle battery facility in Manteno set to employ over 2, 500 people! Take advantage of this opportunity today!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1900
Exterior Building Type Vinyl Siding
Foundation Block
Parking None
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Kankakee
Zoning Type MULTI
Corporate Limits Kankakee
Directions Rt 17(Court St), south on S. Schuyler, 3 blocks to left on E. Hickory, 1.5 blocks to property on the left
Elementary Sch Dist 111
Heat/Fuel Natural Gas, Forced Air
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 4
Bedrooms Possible 4
Baths Count 3
Full Baths in Building Count 3
Total Rooms 10
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 975
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 07/25
Rooms Total 4
Security Deposit 975
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 1
Baths Total 1
Actual Rent 600
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 8/25
Rooms Total 3
Security Deposit 500
Tenant Pays Electric,Gas
Floor Number 1
unit 3
Beds Total 1
Baths Total 1
Actual Rent 650
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 10/24
Rooms Total 3
Security Deposit 600
Tenant Pays Electric,Gas
Floor Number 2
Property / Lot Details
Lot Dimensions 42X55
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Traditional
Type Unit 2 Flat, 2 Story Unit/s, Duplex Side by Side
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Gross Rental Income $26,700
Insurance Expense $2,177
Insurance Expense Source Actual
Rental Income 26700
Scavenger Expense $1,895
Investment Profile Residential Income
Water Expense $1,208

Tax/Assessments/Liens

PIN 16170510801800
Special Assessments N
Taxes $2,938
Tax Exemptions None
Tax Year 2023
$169,900 Listing Price:
MLS # 12102471
Investment Profile Residential Income
Listing Market Time 152 days
Basement Full
Type Unit 2 Flat, 2 Story Unit/s, Duplex Side by Side
Number of Units in Building 3
Parking None
List Date 07/05/2024
Year Built 1900
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