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John Greene Realtor

[email protected] +1(630) 820-6500

$ 149,900

Est. payment -/mo

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946 S Schuyler AVE Kankakee, IL 60901

3 Beds

3 Baths

7,405 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 12649319

Style Traditional

Bedrooms 3

Year Built 1905

Annual Tax Amount $3,025

Tax Year 2024

Lot Size 7,405 Sqft

Lot Dimensions 50X150

Property Sub-Type Two to Four Units

Property Description

This exceptional investment property in desirable Kankakee, Illinois, strategically positioned just off Schuyler near the local farmers market and within walking distance to the river, presents a compelling opportunity for local investors. The well-maintained three-unit building features two spacious one-bedroom apartments, one on the main floor and one on the upper level, alongside an efficient studio unit with charming loft space, all currently occupied by reliable long-term tenants providing steady, consistent income at 550 dollars monthly for the efficiency unit, 600 dollars for the upper one-bedroom, and 900 dollars for the main floor one-bedroom, with tenants responsible for gas and electric while the landlord maintains water, sewer, and garbage services. The property boasts superior curb appeal with updated Dutch lap vinyl siding and a durable architectural roof, featuring wrapped windows and soffits ensuring the new owner will not have to paint the windows or soffits during the rental relicensing process upon sale, while the practical basement exterior access ensures convenient maintenance without disrupting tenant occupancy, and the property offers street parking with additional parking spaces in the back for tenants. Schedule your showing today. 24hr notice needed.

Location

State IL

County Kankakee

Area Kankakee

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Full

Interior

Heating Natural Gas, Electric, Forced Air

Fireplace N

Exterior

Exterior Feature Balcony

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Taft Primary School

Middle Schools John Kennedy Middle Grade School

High Schools Kankakee High School

School District 111 , 111, 111

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Paul Kirkpatrick of Exclusive Realtors