Sold

368 Wall Street, Kankakee, IL 60901

Beds
4
Baths
2

View property features, location on map, relevant school information and overview from seller's agent.

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Overview

Investor Alert! Discover an exceptional opportunity with this legally nonconforming property license with the city of Kankakee featuring two separate homes on one lot, offering maximum versatility and strong income potential. Whether you're looking to offset your housing costs by living in one of the houses and renting the other, or to rent both homes out for steady cash flow, this property delivers. The front home offers a spacious 2-bedroom, 1-bath layout with an open-concept living and dining area, an updated kitchen with a walk-in pantry, a full basement, and a roof with plenty of life left in it. All utilities are separately metered. The rear home was fully remodeled just two years ago and includes 2 bedrooms, 1 bathroom, brand-new flooring, electric baseboard heating, and an added laundry room for increased tenant appeal. The front unit is easily rented for $1,100, while the back unit has brought in $975 monthly. The rear unit is currently vacant to allow for easy showings. Don't miss this rare dual-unit investment in a desirable area-schedule your private tour today!

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
2
Year built
1960

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Natural gas, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$4,429.86

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12433905 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.