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516 S Rosewood Avenue

Kankakee, IL 60901
  • $159,000
  • STATUS: Active Under Contract
  • ON SITE: 30 Days
  • MLS #: 12272401
Under Contract
$159,000
  • 4
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Ratings & Info

School District:
111

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!

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© 2025 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 2025-02-15T23:58:14.563 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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516 S Rosewood Avenue Kankakee, IL 60901

  • Price: $159,000
  • Status: Active Under Contract
  • On Site: 30 Days
  • MLS #: 12272401
4
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Kankakee
County:
Kankakee
Area:
Kankakee
School District:
111
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!
Exterior Features

Exterior Building Type Brick Lot Size Less Than .25 Acre Multi Family Type 2 Story Unit/s Parking Details Space/s Parking Onsite Yes Parking Total 4 Waterfront YN No

Interior Features

Basement Unfinished Basement Bathrooms YN No Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 4 Full Baths In Building 2 Half Baths In Building 2 Heating Natural Gas Rooms Total 8

Property Features

Age 61-70 Years Built Before1978 YN Yes Contingency Financing Continue To Show No - has seller written direction Corporate Limits Kankakee General Information School Bus Service Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3547.16 Tax Year 2023 Total Numberof Unitsin Building 2 Township Kankakee Type Two to Four Units Water Source Public

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Exclusive Realtors: 708-792-7244.


© 2025 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 2025-02-15T23:58:14.563 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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4112C Fieldstone Road
Champaign IL, 61822