BEDS0
BATHS
SQUARE FEET6,984
MLS#12604702
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Very low operating expenses due to all electric building (tenants pay their own heat and hot water) & low Monee taxes! Excellent 6 unit investment opportunity featuring six 2 bedroom, 1 bath units. This well maintained building has seen many recent updates, with several units rehabbed with newer cabinets, countertops, appliances, flooring, windows and more. New roof in 2018. The property is all electric with heat and hot water paid by tenants, keeping operating expenses low and predictable. There are 7 water heaters, 2 sump pumps, and a fire alarm system connected directly to the fire department. Additional income is generated from the coin operated washer and dryer. Parking is available in both the front and rear of the building, and the property sits on a large yard in a residential neighborhood. Conveniently located near restaurants, shopping, a dollar store, and approximately 2 miles from Amazon within the booming Monee community (new Starbucks and Tractor Supply among other new developments). Strong cash flow potential with low expenses. Owner is a licensed real estate agent.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.29 Acres
Stories: 2.0
Taxes: $9,164
Year Built: 1980
Feature Descriptions
Current Use: Multi-Family
Electric: Circuit Breakers
Exterior: Brick, Wood
Fire Protection: Alarm Monitored, Fire Extinguisher/s, Carbon Monoxide Detector(s)
Frontage Type: Public Road, Alley Access, Paved
HVAC: Electric
Lot Dimensions: 40 X 160
Miscellaneous Indoor: Laundry Room
Parcel#: 2114213360140000
Parking: 6-12 Spaces
Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
Units: 6
Utilities: Sewer Connected, Cable Available
Listed By / Shown By
Listed By
Agency Name: Landmark Property Management, Inc.
Agency Phone: 312-313-8553
Shown By
Agent Name: Brenda Baney-Tufly
Agent Phone: (815) 988-3476
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 5,094.43 per month $4,069.46 Principal & Interest $763.67 Property Tax $261.30 Homeowner's InsuranceChange Payment Information
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26045 S Oak Road | MLS# 12604702
This multi-family property located at 26045 S Oak Road, Monee, IL 60449 is currently listed for sale with an asking price of $895,900. Search Monee real estate on bbaneytufly.gogambino.com today.