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Sara Latta-Young

saralattayoung@gmail.com +1(815) 685-5090

$ 300,000

Est. payment | -/mo

1.75 Acres Lot

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$ 300,000

Est. payment | -/mo

Save

1.75 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12684690

Year Built 1910

Annual Tax Amount $8,890

Tax Year 2025

Lot Size 1.750 Acres

Lot Dimensions 164.3 x 463.2

Property Sub-Type Mixed Use

Property Description

Fantastic opportunity to own a commercial site on the frontage road off of the high traffic of IL Rt 17. This is yards from north or south entrance to Illinois Route 57. The property includes one large home with 3 units, 2 single-family houses, a 2 car garage and a trailer. If all 7 units are rented it could bring in about $66,600 per year. The north house is gutted and if fixed could bring $1200, the middle house could be rented for $1200. The trailer is rented for $900 per month. The south home is right along the frontage rd off Rt 17 and includes 3 apartments could rent for $700 per unit x 3 units=$2100, and the 2 car garage could bring $150 per month. Total rent could be $2000. The property measures 164.3' x 463.2'. Address for the house with a two car attached garage is 165 S Krause and house with no garage is 185 S Krause. Call today for more information.

Location

State IL

County Kankakee

Area Kankakee

Zoning COMMR

Interior

Cooling Central Air, Window Unit(s)

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Water Available

Building

Dwelling Type Mixed Use

Water Municipal Water

Listed by Lisa Sanford of Berkshire Hathaway HomeServices Speckman Realty

+1(815) 685-5090

saralattayoung@gmail.com

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2405 E Court ST Kankakee, IL 60901