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$ 159,000
Est. payment /mo
Active Under Contract
516 S Rosewood AVE Kankakee, IL 60901
4 Beds
4 Baths
UPDATED:
01/20/2025 04:50 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12272401
Bedrooms 4
Annual Tax Amount $3,547
Tax Year 2023
Lot Dimensions 50X150
Property Sub-Type Two to Four Units
Property Description
Great investment opportunity you won't want to miss! This well-maintained, side-by-side townhome-style duplex features a classic brick exterior and is fully turnkey with separate utilities for each unit. Both units have been recently updated, including two spacious bedrooms and one and a half baths. The south unit brings in 1200/month in rent, while the north unit brings in 1175/month with tenants who are responsible for all utilities. Each unit is secured 1-year lease, with subsidized rental payments, ensuring steady income. Recently passing city inspections and fully licensed, this property promises both immediate cash flow and long-term stability. Schedule your Private showing today!
Location
State IL
County Kankakee
Area Kankakee
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 111 , 111, 111
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Paul Kirkpatrick • Exclusive Realtors
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