Bought with Coldwell Banker Residential
$475,000
$550,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
450 S Dearborn Avenue Kankakee, IL 60901
Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10039248
Year Built 1966
Annual Tax Amount $19,134
Tax Year 2017
Property Sub-Type Multi Family 5+
Property Description
Great investment opportunity. 19 units in 3 buildings all next to each other. 440 Dearborn = 3 Units ( 2- 1BR / 1 - 2BR), 450 Dearborn = 12 Units (10 - 2BR / 2 - 1BR), 466 Dearborn = 4 Units (4 - 1BR). All but 2 units are occupied. There is also a 2 Car garage and a 1 car garage for additional rental income. 12 unit building is all brick with coin operated laundry facilities in the lower level, 440 Dearborn is having a new roof put on right now and 466 Dearborn will be getting all new siding once roof job is complete. These units are being sold together and would prefer not to split them up. Pin numbers included in this listing are: 440 S Dearborn ( 16-17-05-114-004) (3 unit) 450 S Dearborn ( 16-17-05-114-005) (12 unit) 466 S Dearborn ( 16-17-05-114-022) (4 unit)
Location
State IL
County Kankakee
Zoning MULTI
Exterior
View Y/N true
Building
Structure Type Brick
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