257 West Avenue

    Kankakee, IL 60901
    • $385,000
    • STATUS: Active
    • ON SITE: 110 days
    • MLS #: 10429208
    Price Reduced
    UPDATED: 66 min ago
    $385,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,305
      SQFT
    • $21
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    Listed UNDER Appraised Value! Commercial Building For Sale. Currently houses a sheet metal business and 5 apartments upstairs. Two of the 5 apartments were just redone with high end industrial finishes. Those 2 units are 1B/1B, SS Appliances, Laundry in Unit. Age of building estimated, original structure built in 1900's, multiple additions have been added over the years. Most recently an addition in 1997 added appr 4200 SQ/FT. This includes an office, shop. Open bay - IBEAM construction, 440V electrical, 18 ft over head door, GFA heats. 3 additional offices, including lots of storage - with C/A and GFA. 715 square foot basement - also used for storage. Lunch/ breakroom, estimators office and book keeping office. Total 18000 +/- square feet. 2018 2 electrical panels updated to breakers in commercial space. Located in TIF district. Info download with disclosures.

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    © 2019 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 2019-10-13T23:49:59.037 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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    www.centralilhomefinder.com/homes/96263222

    257 West Avenue Kankakee, IL 60901

    • Price: $385,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 10429208
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    18,305
    SQFT
    $21
    $/SQFT
    1900
    Built
    Neighborhood:
    Kankakee
    County:
    Kankakee
    Area:
    Kankakee
    Property Description
    Listed UNDER Appraised Value! Commercial Building For Sale. Currently houses a sheet metal business and 5 apartments upstairs. Two of the 5 apartments were just redone with high end industrial finishes. Those 2 units are 1B/1B, SS Appliances, Laundry in Unit. Age of building estimated, original structure built in 1900's, multiple additions have been added over the years. Most recently an addition in 1997 added appr 4200 SQ/FT. This includes an office, shop. Open bay - IBEAM construction, 440V electrical, 18 ft over head door, GFA heats. 3 additional offices, including lots of storage - with C/A and GFA. 715 square foot basement - also used for storage. Lunch/ breakroom, estimators office and book keeping office. Total 18000 +/- square feet. 2018 2 electrical panels updated to breakers in commercial space. Located in TIF district. Info download with disclosures.
    Exterior Features

    Frontage Access City Street Location Central Business DistrictMixed Use AreaPublic Transport Avail Lot Dimensions 125 X 145 Lot Sq Ft 18125 Number Of Parking Spaces 10

    Interior Features

    Air Conditioning Central Air Fire Protection None Number Of Apts 5 Number Of Offices 1 Number Of Stores 0 Number Of Stories 2

    Property Features

    Age Older Built Before1978 YN Yes Current Use Commercial Electric Expense Source Actual Electrical Service Circuit Breakers201-600 Amps Electricity Expense 0 Expense Year 2018 Fuel Expense 0 Fuel Expense Source Actual Geographic Locale South Suburban Green Features Tankless Hot Water Heater Green Supporting Documents No Gross Rental Income Amount 74100 Heat Ventilation Forced AirGas Insurance Expense 8400 Insurance Expense Source Owner Projection Lease Type Net Miscellaneous Outside Enclosed StairsFire Escape Net Oper Income Amount 36883 Net Operating Income Year 2018 Number Of Tenants 6 Other Expense Source Broker Projection Other Expenses 7410 Owners Assoc YN No Possession Tenant's Rights Potential Use CommercialResidential-Multi-FamilyRetail Rental Price 0 Tax Year 2018 Taxes 11644.7 Tenant Pays Varies By Tenant Total Annual Exp 25000 Total Annual Expense Source Owner Projection Total Annual Income 74100 Total Monthly Income 6175 Township Kankakee Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater To Site Water Drainage None Water Expense 0 Water Expense Source Actual Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Speckman Realty Real Living.


    © 2019 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 2019-10-13T23:49:59.037 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
     
    Ryan Dallas Real Estate
    4112C Fieldstone Road
    Champaign IL, 61822