1161 Merchant Street

    Kankakee, IL 60901
    • $485,000
    • STATUS: Active Under Contract
    • ON SITE: 350 days
    • MLS #: 10147640
    Under Contract
    UPDATED: 84 min ago
    $485,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:
    Area:

    School Ratings & Info

    Description

    Investment opportunity! New price!!! Twelve unit, 2-story brick apartment building. Eleven- 2 bedroom units (around 864 sq ft each). One- 1 bedroom unit. New roof, gutters and washer in 2007/2008. 2 new dryers 3/18. Tenants pay $1.50 per use. New windows installed September 2011. 2 new water heaters, carpet in hallways & new buzzer system installed 2018. Well maintained building!

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Baz Realty Network | Keller Williams Elite. Based on information submitted to the MRED as of 2019-11-16T22:50:49.807 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.bazrealtynetwork.com/homes/89790285

    1161 Merchant Street Kankakee, IL 60901

    • Price: $485,000
    • Status: Active Under Contract
    • Updated: 84 min ago
    • MLS #: 10147640
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1967
    Built
    Neighborhood:
    Kankakee
    County:
    Kankakee
    Area:
    Kankakee
    Property Description
    Investment opportunity! New price!!! Twelve unit, 2-story brick apartment building. Eleven- 2 bedroom units (around 864 sq ft each). One- 1 bedroom unit. New roof, gutters and washer in 2007/2008. 2 new dryers 3/18. Tenants pay $1.50 per use. New windows installed September 2011. 2 new water heaters, carpet in hallways & new buzzer system installed 2018. Well maintained building!
    Exterior Features

    Construction Brick Lot Dimensions 50X150 Number Of Parking Spaces 12

    Interior Features

    Air Conditioning Central Air Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dryers 2 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Ranges 12 Number Of Refrigs 12 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 4 Number Of Rooms Unit2 3 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 2 Number Of Units Apt Type1 11 Number Of Units Apt Type2 1 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 2 Outdoor Parking 6-12 Spaces Repairs Decor Expense 5532

    Property Features

    Age Older Built Before1978 YN Yes Contingency Flag Financing Electricity Expense 0 Expense Year 2017 Exterior Building Type Brick Fuel Expense 0 Gross Rental Income Amount 84900 Heat Ventilation Forced AirGas Insurance Expense 1471 Insurance Expense Source Actual Janitor Expense 375 Janitor Expense Source Actual Monthly Income Max1 650 Monthly Income Max2 575 Net Oper Income Amount 0 Net Operating Income Year 2017 Other Expenses 0 Possession Closing Tax Year 2017 Taxes 17283 Tenant Pays Electric Total Annual Exp 0 Total Annual Income 84900 Total Monthly Income 7075 Township Kankakee Type Multi Family Corridor-Interior Entrance Water Expense 0 Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Mccolly Rosenboom.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Baz Realty Network | Keller Williams Elite. Based on information submitted to the MRED as of 2019-11-16T22:50:49.807 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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