121 E Division ST

Manteno,IL 60950

$ 550000

8 Beds

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12112012

Bedrooms 8

Maintenance Fees $3,000

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

Area Manteno

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas,Forced Air

Equipment CO Detectors,Ceiling Fan(s),Sump Pump,Water Heater-Gas

Fireplace N

Exterior

Exterior Feature Balcony,Patio

Garage Attached

Garage Spaces 4.0

Waterfront false

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

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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