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Listed by Paul Kirkpatrickof Exclusive Realtors
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Est. payment /mo
Active
355 E Bourbonnais ST Kankakee, IL 60901
6 Beds
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12727256
Bedrooms 6
Year Built 1903
Annual Tax Amount $3,804
Tax Year 2023
Lot Size 4,791 Sqft
Lot Dimensions 50X100
Property Sub-Type Two to Four Units
Property Description
This solid two unit investment property offers exceptional income potential, with each spacious three bedroom unit boasting over thirteen hundred square feet of living space. Durable vinyl siding and vinyl windows complement a roof less than five years old, while a large attic presents exciting potential for conversion into a third unit. Utilities are separately metered, with tenants responsible for all costs except sewer, water, and garbage, and current rents of twelve hundred dollars per unit with matching security deposits make this a turnkey opportunity for any investor. Ideally located near the local farmers market and the river, this property combines strong cash flow with genuine long term upside. Don't miss your chance to add this promising investment to your portfolio.
Location
State IL
County Kankakee
Community Park, Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Middle Schools Kankakee Junior High School
High Schools Kankakee High School
School District 111, 111, 111
Others
Ownership Fee Simple
Special Listing Condition None
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