1930 West Station Street

Kankakee, IL 60901

$279,900
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

FOR SALE - WEST KANKAKEE - 7 UNIT MIXED USE INCOME PRODUCING PROPERTY - 2 commercial units on the first floor and 5 apartments on 2nd floor. Ample parking in front and back of building. Apartments have private interior entry and all are on separate gas/electric meters. Zoned C 2 -Commercial. Fully occupied, listed at a 10.5 cap rate! Great investment property, call today!FOR SALE - WEST KANKAKEE - 7 UNIT MIXED USE INCOME PRODUCING PROPERTY - 2 commercial units on the first floor and 5 apartments on 2nd floor. Ample parking in front and back of building. Apartments have private interior entry and all are on separate gas/electric meters. Zoned C 2 -Commercial. Fully occupied, listed at a 10.5 cap rate! Great investment property, call today!
  1. Listed by Jay Tamblyn • McColly Bennett Real Estate

Sold By Berkshire Hathaway HomeServices Speckman Realty

Property Details for 1930 West Station Street

Area
Kankakee
Township
Kankakee
Zoning
COMMR
LISTING UPDATED: 12/27/2024 10:50 AM

Property Details for 1930 West Station Street

StatusClosed
MLS #12079871
Days on Market90
Taxes$4,335 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1950
Lot Size0.17 AC / 7,500 SF
CountyKankakee County

Building Information for 1930 West Station Street

Stories2Residences7Year Built1950Lot Size0.17 AC / 7,500 SF

Property Information for 1930 West Station Street

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: Signal Intersection
  • Geographic Locale: Out of Area
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Flooring: Carpet, Concrete
  • Heat/Ventilation: Gas
  • Misc Inside: Multi-Tenant
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 5
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 50X150
  • Lot Size Square Feet: 7500.0
  • Stories: 2
  • Fire Protection: Other
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 6164
  • # Of Offices: 2
  • # Of Stores: 2
  • Property Sub Type: Apts/Ofc, Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Multi-Family, Retail
  • Public Document Count: 0
  • Photos Count: 2
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $52,200.00
  • Gross Scheduled Income: $52,200.00
  • Insurance Expense: $2,000.00
  • Known Encumbrances: None Known
  • Expense Year: 2023
  • Total Annual Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Total Monthly Income: 4350
  • Net Operating Income: $31,543.00
  • Operating Expense: $18,568.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1930 West Station Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1930 West Station Street

Taxable ValueLand$4,234Additions$29,676Total$33,910
Tax Record2023$4,336 ($361 / month)
Home Facts
Lot Size6,750 SqFtStyleMiscellaneous CommercialCountyKANKAKEEAPN16-16-01-204-005

Schools near 1930 West Station Street

This home is within Kankakee School District 111.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 2 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Taft Primary School
PublicK to 3

John Kennedy Middle Grade School
Public2 to 6

Kankakee Junior High School
Public7 to 8

Kankakee High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McColly Bennett Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/27/2024 10:50 AM. 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.