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2405 E Court St
Kankakee, IL 60901
2 Acre Development Site w/ Income Properties · Land For Sale
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2.00 AC
Investment Highlights
- Visibility
- Mixed use
- Close to Route 57
Property Facts
1 Lot Available
Lot
| Price | $426,210 CAD | Lot Size | 2.00 AC |
| Price Per AC | $213,104.99 CAD |
| Price | $426,210 CAD |
| Price Per AC | $213,104.99 CAD |
| Lot Size | 2.00 AC |
Description
Remarks: Fantastic opportunity to own a commercial site on the frontage road off of the high traffic of IL Rt 17. This is yards from north or south entrance to Illinois Route 57. The property includes one large home with 3 units, 2 single-family houses, a 2 car garage and a trailer. If all 7 units are rented it could bring in about $66,600 per year. The north house is gutted and if fixed could bring $1200, the middle house could be rented for $1200. The trailer is rented for $900 per month. The south home is right along the frontage rd off Rt 17 and includes 3 apartments could rent for $700 per unit x 3 units=$2100, and the 2 car garage could bring $150 per month. Total rent could be $2000. The property measures 164.3' x 463.2'. Address for the house with a two car attached garage is 165 S Krause and house with no garage is 185 S Krause. Call today for more information.
Property Taxes
| Parcel Number | 16-09-34-300-086 | Improvements Assessment | $20,667 CAD |
| Land Assessment | $90,321 CAD | Total Assessment | $110,988 CAD |
Property Taxes
