$550,000
$550,000
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8 Beds
0.5 Acres Lot
SOLD DATE : 01/24/2025
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12112012
Sold Date 01/24/25
Bedrooms 8
Year Built 1999
Annual Tax Amount $12,767
Tax Year 2023
Lot Size 0.500 Acres
Lot Dimensions 85X240
Property Description
Two 4 unit buildings with large 1100 Sq Ft units. 2 bedroom, 1&1/2 to 2 bath units with in-unit laundry, central air, gas heat and attached garage with openers. Rents at 1200, 1300,1500 and 1700/ month. Tenants paid utilities. All units in great condition with fully occupied screened long term tenants. New roof in 2019, replaced furnaces, C/A, appliances, and carpet as needed. There are 2 ranch style units and 2 townhome style units. All units have Stove refrigerator, dishwasher, washer, dryer, ceiling fans, garbage disposals, and garage door openers. Additionally a one car attached garage and 2 additional parking spaces and street parking also available. Relaxing patios and balconies, and huge yard for tenant enjoyment. Possible construct 3 more units in this big yard. 5 minutes to downtown, grocery store and interstate 57. Enjoy the sleepy town of Manteno. You will enjoy this investment for years. Built as condos...Ready for conversion to condos. Can build additional units on back lot. Sister building for sale at 141 E Division. Owner will close after the new Year not in 2024.
Location
State IL
County Kankakee
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Balcony, Patio
Parking Features Attached
Garage Spaces 4.0
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Manteno Primary School
Middle Schools Manteno Middle School
High Schools Manteno High School
School District 5, 5, 5
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Peter Grant • Berkshire Hathaway HomeServices Speckman Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "