505-545 Schuyler Avenue

    Kankakee, IL 60901
    • $550,000
    • STATUS: Active
    • ON SITE: 174 days
    • MLS #: 10392225
    UPDATED: 74 min ago
    $550,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 26,633
      SQFT
    • $21
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    Income Potential, for Sale or Lease. 2 Units are currently leased until 8/2018. 2 Units are available for rent, former Laundry Basket and another unit with 8224 sq. ft. Near Downtown Kankakee $8.00 per square foot annually. Occupied Units consist of 9900 sq. ft. and 4436 sq. ft. Both units are leased on a gross basis; the owner pays for Taxes and Insurance and maintenance. Tenants pay their own utilities.

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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 2019-11-14T23:51:02.437 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/95189887

    505-545 Schuyler Avenue Kankakee, IL 60901

    • Price: $550,000
    • Status: Active
    • Updated: 74 min ago
    • MLS #: 10392225
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    26,633
    SQFT
    $21
    $/SQFT
    1954
    Built
    Neighborhood:
    Kankakee
    County:
    Kankakee
    Area:
    Kankakee
    Property Description
    Income Potential, for Sale or Lease. 2 Units are currently leased until 8/2018. 2 Units are available for rent, former Laundry Basket and another unit with 8224 sq. ft. Near Downtown Kankakee $8.00 per square foot annually. Occupied Units consist of 9900 sq. ft. and 4436 sq. ft. Both units are leased on a gross basis; the owner pays for Taxes and Insurance and maintenance. Tenants pay their own utilities.
    Exterior Features

    Construction Concrete BlockSteel Frontage Access City Street Location Central Business DistrictCorner Lot Dimensions 145X187 Lot Sq Ft 27115 Number Of TLDocks 0 Roof Coverings Membrane Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Partially SprinkleredSprinklers-Wet Floor Finish CarpetConcreteOther Miscellaneous Inside Handicapped Equip Washroom/SMulti-TenantOverhead Door/S Number Of Drive In Doors 1 Number Of Stories 1 Outdoor Parking 51-100 Spaces

    Property Features

    Age Older Built Before1978 YN Yes Current Use Commercial Electrical Service Circuit Breakers Estimated Cam SF 0 Exterior Building Type Steel SidingOther Geographic Locale South Suburban Gross Rentable Area 11985 Gross Rental Income Amount 69036 Heat Ventilation Ceiling UnitsForced AirGas Investment YN Yes Lease Type Modified Gross Max Avail Sq Ft Rentable 6284 Min Avail Sq Ft Rentable 1940 Net Oper Income Amount 20036 Net Rentable Area 14648 Number Of Tenants 2 Possession Closing Potential Use CommercialOffice And Research Property Offered For Sale Or Rent Rental Price 8 Sale Terms ConventionalLease/Purchase Tax Year 2018 Taxes 39284 Tenant Pays ElectricHeatWater/Sewer Total Annual Exp 49000 Total Annual Expense Source Broker Projection Total Annual Income 69036 Township Kankakee Unincorporated YN No Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Speckman Realty Real Living.


    © 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 2019-11-14T23:51:02.437 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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