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121 E Division Street

Manteno, IL 60950
  • $550,000
  • STATUS: Active Under Contract
  • ON SITE: 78 Days
  • MLS #: 12112012
Under Contract
UPDATED: 66 min ago
$550,000
  • 8
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1999
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
5

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.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-11T17:05:40.117 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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121 E Division Street Manteno, IL 60950

  • Price: $550,000
  • Status: Active Under Contract
  • On Site: 78 Days
  • Updated: 66 min ago
  • MLS #: 12112012
8
Beds
0
Baths
0
½ Baths
0.5
Acres
1999
Built
Neighborhood:
Kankakee
County:
Kankakee
Area:
Kankakee
Elementary School:
Manteno Primary School
Middle School:
Manteno Middle School
High School:
Manteno High School
School District:
5
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.
Exterior Features

Exterior Building Type Aluminum SidingBrick Exterior Features BalconyPatio Foundation Details Concrete Perimeter Garage Details Garage Door Opener(s)Transmitter(s)Multiple Garages Garage Onsite Yes Garage Ownersite Owned Garage Type Attached Is Parking Included In Price Yes Lot Size .50-.99 Acre Multi Family Type 4 Flat Parking Details Garage Parking Total 4 Roof Asphalt Waterfront YN No

Interior Features

Basement Crawl Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 5 Half Baths In Building 3 Heating Natural GasForced Air Rooms Total 20

Property Features

Additional Parcels YN No Age 21-25 Years Built Before1978 YN No Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Manteno General Information None Gross Income 68400 Insurance Expense 2698 Maintenance Expense 3000 Mls Actual Status Contingent Net Operating Income 47800 New Construction YN No Other Equipment CO DetectorsCeiling Fan(s)Sump PumpWater Heater-Gas Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 12767.92 Tax Year 2023 Total Numberof Unitsin Building 4 Total Rental Income 68400 Township Manteno Type Two to Four Units Water Source Public Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 708-460-4900.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-11T17:05:40.117 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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