Great investment opportunity! Check out this well-maintained two-unit building near the edge of town in desirable West Kankakee. The Lower unit features 2 beds 1 bath with a large eat-in kitchen. The Lower unit currently rents for 1100 tenant pays gas and electric. The upper unit has updated flooring 1 bedroom, 1 bath with kitchen and living area. This unit is rented for 850 tenant pays electric and gas. This property just passed all city code inspections and is ready to go! It would not only be a great investment opportunity but could be a unique opportunity for a first-time homebuyer to live in one unit and rent out the other unit to supplement the mortgage. Either way, don't miss out on this property schedule your showing today!
Closed
$140,000
368 S Foley Ave, Kankakee, IL 60901
3beds
--sqft
Multi Family
Built in ----
-- sqft lot
$147,100 Zestimate®
$--/sqft
$1,369 Estimated rent
Home value
$147,100
$118,000 - $185,000
$1,369/mo
Zestimate® history
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$1,369/mo
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Rent Zestimate®
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$1,045/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: November 07, 2024 at 11:39am
Listing courtesy of:
Paul Kirkpatrick 815-405-2964,
Exclusive Realtors
Bought with:
Maurice Lynch
Diamond Real Estate Inc
Source: MRED as distributed by MLS GRID,MLS#: 12165968
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Block,Full
Property
Lot
- Size: 3,500 sqft
- Dimensions: 50X70
Details
- Parcel number: 16160120200800
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Kankakee
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2024 | Sold | $140,000-6.6% |
Source:  MRED as distributed by MLS GRID #12165968 Report a problem | ||
| 10/3/2024 | Contingent | $149,900 |
Source: MRED as distributed by MLS GRID #12165968 Report a problem | ||
| 9/17/2024 | Listed for sale | $149,900+53.7% |
Source: MRED as distributed by MLS GRID #12165968 Report a problem | ||
| 6/15/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/30/2024 | Listed for rent | $1,025+41.4% |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,791 +3.8% | $32,064 +12.2% |
| 2023 | $3,653 +7.5% | $28,565 +14.3% |
| 2022 | $3,398 +6% | $25,002 +10.5% |
Find assessor info on the county website
Neighborhood: 60901
Nearby schools
GreatSchools rating
- 1/10John Kennedy Middle Grade SchoolGrades: 2-6Distance: 0.6 mi
- 2/10Kankakee Junior High SchoolGrades: 7-8Distance: 3.3 mi
- 2/10Kankakee High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: 111
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Kankakee County
- Kankakee
- 60901
- 368 S Foley Ave