602 N 5th Avenue, KANKAKEE IL 60901 Photo 1
Listing Courtesy of Arnold Real Estate, Llc

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602 N 5th Avenue - INVESTMENT OPPORTUNITY FOR SALE - eight (8) income producing properties containing 4 multi-family, 5 single-family and 1 commercial units with an overall 81% occupancy level in Kankakee, IL. Properties will be sold individually or as a bundle on an "As-Is" basis. See additional info for more details.

Listing information

  • MLS® ID: 09194058
  • Status: Active
  • New Construction: No
  • County: Kankakee
  • Style: Retail / Hospitality / Service
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1972
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $5,940

Features

Air Conditioning Central Air
Approximate Age 36-50 Years
Current Use Commercial
Electrical Service 101-200 Amps, Circuit Breakers
Extra Storage Spaces Available (Y/N) No
Fire Protection Fire Extinguisher/s
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale Out of Area
Heat/Ventilation Forced Air
Information 24-Hr Notice Required, REO/Lender Owned
Investment (Y/N) Yes
Location Commercial Business Park
Other # Of Drive In Doors - 0, # Of Tenants - 2, # Of TL Docks - 0, # Of Units - 2, Approx Total Bldg Sq Ft - 2540, Expense Year - 2016, Gross Rentable Area - 2540, Gross Rental Income $ - 10800, Net Oper Income $ - 1882, Net Operating Income Year - 2016, Net Rentable Area - 2540, Tax Year - 2014, Total Annual Exp - 8918, Total Annual Income - 10800, Total Monthly Income - 900, Township - Kankakee, Zoning Type - Commr
Ownership Type Limited Liability Corp
Possession Closing
Property Offered For Sale Only
Property Type Retail/Stores
Tenant Pays Electric, Scavenger
Water Drainage Storm Sewers
Listing Courtesy of Arnold Real Estate, Llc