4966 W Doris Drive
Kankakee, IL 60901

Status: Sold
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $395,000

About this home

Amazing one of a kind immaculate 4 unit in Limestone area walking distance to school. Exceptionally well maintained, this unit has had long term renters (now on month to month basis) and therefore rents are lower than market value. Owner has taken the building down to the studs over the rehab, replacing plumbing and electrical, new roof was put on 8 years ago, New on demand boilers installed for radiant hot water heat and hot water, newer vinyl siding, newer vinyl window already installed, newer sump pumps and generator to power all sump pumps already in place. Truly nothing left to do, and therefore owner is selling it AS-IS. Only the vacant one bedroom unit is available for showing. But finishes and floor plan exactly like the other three 2 bdr units with the exception that there is one more bedroom. (Owner converted one of the bedrooms that was in the original unit#1 to the laundry room, thus making it a 1 bdr unit). Income from washer dryers offsets any minimal cost to seller of laundry room. All other utilities, water and trash are paid by each unit - separate metering.

Property details

Property / Lot Details
Acreage 0.55
Lot Dimensions 175.8X135.46
Lot Description Corner Lot
Lot Size Source County Records
Lot Size .50-.99 Acre
Ownership Fee Simple
Type Unit 2 Story Unit/s
Number Of Units in Building 4
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 51-60 Years
3 Bedroom Unit in Building No
Approx Year Built 1965
Parking Total 16
Exterior Building Type Brick
Foundation Block
Garage Details Garage Door Opener(s), Transmitter(s)
Parking On-Site Yes
Garage Type Attached
Parking Spaces Count 4
Parking Features Driveway
Garage On-Site Yes
Parking Garage,Space/s
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Street Paved
Area Major Kankakee
Corporate Limits Kankakee
Directions WEST ON IL-17 W 5 MILES, TURN R ONTO 5000W RD R ON DORIS
Equipment Ceiling Fan(s)
Elementary School Herscher Elementary School
Elementary Sch Dist 2
Heat/Fuel Steam
High Sch Dist 2
Sewer Septic-Private
Water Public
Jr High/Middle Dist 2
Township Limestone
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 4
Total Rooms 19
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 700
Appliances And Features Stove, Refrigerator, Window Air Conditioner
Full Baths Total 1
Rooms Total 4
Security Deposit 700
Tenant Pays Electric, Gas, Water
Floor Number 1
Square Feet 682
unit 2
Beds Total 2
Baths Total 1
Actual Rent 700
Appliances And Features Stove, Refrigerator, Window Air Conditioner
Full Baths Total 1
Rooms Total 5
Security Deposit 700
Tenant Pays Electric, Gas, Water
Floor Number 2
Square Feet 864
unit 3
Beds Total 2
Baths Total 1
Actual Rent 700
Appliances And Features Stove, Refrigerator, Window Air Conditioner
Full Baths Total 1
Rooms Total 5
Security Deposit 700
Tenant Pays Electric, Gas, Water
Floor Number 3
Square Feet 864
unit 4
Beds Total 2
Baths Total 1
Actual Rent 700
Appliances And Features Stove, Refrigerator, Window Air Conditioner
Full Baths Total 1
Rooms Total 5
Security Deposit 700
Tenant Pays Electric, Gas, Water
Floor Number 4
Square Feet 864

Financials

Financing Conventional
Gross Rental Income $33,600
Insurance Expense $1,879
Insurance Expense Source Actual
Net Oper Income $25,704
Other Addl Income Coin Laundry
Rental Income 8078
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 07082830501900
Special Assessments N
Taxes $6,017
Tax Exemptions None
Tax Year 2022
$395,000 Listing Price:
MLS # 12037048
Investment Profile Residential Income
Listing Market Time 38 days
Basement None
Type Unit 2 Story Unit/s
Number of Units in Building 4
Parking Garage,Space/s
List Date 04/27/2024
Year Built 1965
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