26045 S Oak Rd, Monee, IL, 60449

USD 895,900
For Sale MLS: 12604702

Property Details

Bedrooms

12

Bathrooms

8

Property Type

multi family

Description

Multi Family in Monee, IL - Bedrooms: 12 - Bathrooms: 8 - Area: N/A - Year Built: 1980 - Lot: 12632 sqft

Listing Agent: Jason Marcordes Brokerage: Landmark Property Management, Inc.

Very low operating expenses due to all electric building (tenants pay their own heat and hot water) & low Monee taxes! Excellent 6 unit investment opportunity featuring six 2 bedroom, 1 bath units. This well maintained building has seen many recent updates, with several units rehabbed with newer cabinets, countertops, appliances, flooring, windows and more. New roof in 2018. The property is all electric with heat and hot water paid by tenants, keeping operating expenses low and predictable. There are 7 water heaters, 2 sump pumps, and a fire alarm system connected directly to the fire department. Additional income is generated from the coin operated washer and dryer. Parking is available in both the front and rear of the building, and the property sits on a large yard in a residential neighborhood. Conveniently located near restaurants, shopping, a dollar store, and approximately 2 miles from Amazon within the booming Monee community (new Starbucks and Tractor Supply among other new developments). Strong cash flow potential with low expenses. Owner is a licensed real estate agent.

Location

Address

26045 S Oak Rd, Monee, IL, 60449

City

Monee

Features and Finishes

Bedrooms: 12, Cooling Features: Window Unit(s), Full Bathrooms: 8, Additional Parcels: No, Lot Size Acres: 0.29, Lot Size Dimensions: 40 X 160, Lot Size Square Feet: 12500, Frontage Type: Public Road, Alley Access, Paved, Gross Income: 92100, Gross Scheduled Income: 92700, Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water, Number of Units: 6, Bedrooms in Unit-1: 2, Bedrooms in Unit-2: 2, Bedrooms in Unit-3: 2, Bedrooms in Unit-4: 2, Bedrooms in Unit-5: 2, Bedrooms in Unit-6: 2, Bedrooms in Unit-7: 0, Bedrooms in Unit-8: 0, Total Bathrooms in Unit-1: 1, Total Bathrooms in Unit-2: 1, Total Bathrooms in Unit-3: 1, Total Bathrooms in Unit-4: 1, Total Bathrooms in Unit-5: 1, Total Bathrooms in Unit-6: 1, Total Bathrooms in Unit-7: 1, Total Bathrooms in Unit-8: 1, Full Bathrooms in Unit-1: 1, Full Bathrooms in Unit-2: 1, Full Bathrooms in Unit-3: 1, Full Bathrooms in Unit-4: 1, Full Bathrooms in Unit-5: 1, Full Bathrooms in Unit-6: 1, Full Bathrooms in Unit-7: 1, Full Bathrooms in

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