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Jesse Stamer

jesse.stamer@engelvoelkers.com +1(847) 757-9585

$ 139,000

Est. payment -/mo

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355 E Bourbonnais ST Kankakee, IL 60901

6 Beds

2 Baths

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 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

Area Kankakee

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Equipment CO Detectors, Multiple Water Heaters, Water Heater-Gas

Fireplace N

Exterior

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

Middle Schools Kankakee Junior High 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

Jesse Stamer

Real Estate Advisor

+1(847) 757-9585

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