1945 South Schuyler Avenue

Kankakee, IL 60901

$849,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Don't miss your opportunity. A mobile home park up with tons of income potential. 20 Mobile homes sitting on approximately 3 acres of land. Property is all vacant awaiting renovation and new tenants. Sellers is wanting to sell as-is at current price point. If units are renovated and occupied, price will reflect new updates. See broker private remarks.Don't miss your opportunity. A mobile home park up with tons of income potential. 20 Mobile homes sitting on approximately 3 acres of land. Property is all vacant awaiting renovation and new tenants. Sellers is wanting to sell as-is at current price point. If units are renovated and occupied, price will reflect new updates. See broker private remarks.
  1. Listed by Norman Gaskin • McColly Bennett Real Estate

Property Details for 1945 South Schuyler Avenue

Area
Kankakee
LISTING UPDATED: 10/25/2024 12:29 AM

Property Details for 1945 South Schuyler Avenue

StatusActive
MLS #12108178
Days on Market167
Taxes$9,816 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1985
Lot Size2.67 AC / 116,314 SF
CountyKankakee County

Building Information for 1945 South Schuyler Avenue

Stories-Residences20Year Built1985Lot Size2.67 AC / 116,314 SF

Property Information for 1945 South Schuyler Avenue

General Information
Location and General Information
  • Geographic Locale: Central Illinois
  • Information: Short Notice OK,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Service - 0 to 100 Amps
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 20
Property/Lot Information
  • Built Before 1978: No
  • Approximate Age: Older
  • Lot Dimensions: 128X1320
  • Lot Size Square Feet: 116314.0
  • Fire Protection: None
  • # Of Offices: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 7
Miscellaneous
  • Location: Public Transport Avail,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 20
Income & Expenses
  • Electric Expense: $2,200.00
  • Fuel Expense: $1,000.00
  • Gross Income: $180,000.00
  • Gross Scheduled Income: $180,000.00
  • Insurance Expense: $6,000.00
  • Electric Expense Source: Broker Projection
  • Total Annual Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Other Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 15000
  • Water Expense Source: Broker Projection
  • Net Operating Income: $138,185.00
  • Operating Expense: $9,500.00
  • Other Expense: $11,000.00
  • Trash Expense: $9,600.00
  • Water Sewer Expense: $1,000.00

Property History for 1945 South Schuyler Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1945 South Schuyler Avenue

Taxable ValueLand$53,851Additions-Total$53,851
Tax Record2023$6,891 ($574 / month)
Home Facts
Lot Size67,369 SqFtStyleMiscellaneous CommercialCountyKANKAKEEAPN16-17-07-401-009

Schools near 1945 South Schuyler Avenue

This home is within Kankakee School District 111.
Rating
School
Type
Grades
Distance
Public - 2 to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
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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1945 South Schuyler Avenue is a mixed use property for sale in Kankakee, IL 60901. This property was listed for sale on August 7, 2024 by McColly Bennett Real Estate, it's currently listed at $849,000. This listing's school district is Kankakee School District 111. Nearby schools include John Kennedy Middle Grade School, Kankakee Junior High School and Kankakee High School. 1945 South Schuyler Avenue is a 0-bed, 0-bath, mixed use property built in 1985.

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 10/25/2024 12:29 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.