450 S Dearborn Ave

Kankakee, IL 60901
  • $1,260,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing 25688 - 219400,940493

19 Units - 3 buildings, Located less than 2 blocks from Phase 1 of the Kankakee Riverfront Revitalization project, close to shopping, expressway, downtown area, 2 1/2 blocks to Kankakee Farmers Market, plus plenty of restaurants, this Investment Opportunity consists of 3 buildings totaling 19 units. 2024 Real Estate taxes $ 19,055.84 for all 3 buildings. All tenants have access to laundry room facilities located in building 450 (washers/dryers are leased). In addition there is a 5 car garage for additional income/owner use. Tenants responsible their own electric. Owner pays electric for common areas of Building 450, Water & refuse & Gas for all 3 buildings. 450 Dearborn is a brick 12 unit building consisting of 10-2 bedroom units, 2 - 1 bedroom units, roof replaced approx 2017-2018. Building 440 (16-17-05-114-004), windows 2024-2025, Vinyl siding 8/25 and consists of 3 units. Building 466 (16-17-05-114-022) is a brick/stone & siding 4 unit consisting of all 1 bedroom units. Roof & Siding replaced in 2018. Tenants in building 466 have central air. See feature sheet / rent roll for full details. Building Ages of 440 & 466 is unknown. Units in building 440 & 450 have wall or window a/c units (many newer units). 12 unit is serviced by hot water heat (included in rent), 440 & 466 have forced air heat.

Listing Highlights for 450 S Dearborn Ave

Status Pending
Days on Site 29
Property Type Multi-Family
MLS ® 12446043
Year Built 1966
Total Square Footage 0
Lot/Acreage 150 X 145
County Kankakee

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air,Wall Sleeve,Window Unit(s)
  • Heating: Forced Air,Gas,Hot Water,Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished
  • Other:
  • Water: Municipal Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 150 X 145
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 19-30 Spaces

Financial Details

  • Tax Amount: $19,056
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16170511400500
  • Tax Year: 2024

Payment Calculator

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450 S Dearborn Ave Kankakee, IL 60901

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Originating MLS: mred

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