This two unit corner lot property at 1179 South Schuyler offers a well maintained investment with updates completed within the last three years to both 2 bedroom, 1 bath units. The bottom unit is leased at 1,000 dollars per month on a year lease, while the top unit currently rents month to month at 800 dollars and will soon turn over, presenting an opportunity to reset terms and add water and sewer responsibility for the incoming tenant. The building features a flat roof just three and a half years old, along with durable vinyl siding and vinyl windows, electric heat upstairs, and forced air heat downstairs, all on separate electric meters. Each unit boasts its own private front porch, offering a shaded and peaceful spot to relax. A single car garage, accessible from both the front and alley, is not currently used by either tenant and offers additional rental income potential as storage space, and an adjacent extra lot is available to bundle with the sale for even more flexibility. Within walking distance to the local farmers market and close to the upcoming river project, this property combines strong cash flow with genuine long term upside, making it a solid addition to any investment portfolio.
Listed By
Agency Name: Exclusive Realtors
Agency Phone: 708-792-7244
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 840.77 per month $635.47 Principal & Interest $164.50 Property Tax $40.80 Homeowner's Insurance
1179 S Schuyler Avenue | MLS# 12794064
This multi-family property located at 1179 S Schuyler Avenue , Kankakee, IL 60901 is currently listed for sale with an asking price of $139,900. S Schuyler Avenue is located within the District 111 school district. Search Kankakee real estate on www.gogambino.com today.