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    505-545 Schuyler Avenue

    Kankakee, IL 60901
    • $550,000
    • STATUS: Active
    • ON SITE: 118 days
    • MLS #: 10729059
    UPDATED: 226 min ago
    $550,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 26,633
      SQFT
    • $21
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    Income Potential, for Sale or Lease. 2 Units are currently leased. 2 Units are available for rent, former Laundry Basket and another unit with 8224 sq. ft. Near Downtown Kankakee $8.00 per square foot annually. Occupied Units consist of 9900 sq. ft. and 4436 sq. ft. Both units are leased on a gross basis; the owner pays for Taxes and Insurance and maintenance. Tenants pay their own utilities.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-09-24T23:51:20.633 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    505-545 Schuyler Avenue Kankakee, IL 60901

    • Price: $550,000
    • Status: Active
    • Updated: 226 min ago
    • MLS #: 10729059
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    26,633
    SQFT
    $21
    $/SQFT
    1954
    Built
    Neighborhood:
    Kankakee
    County:
    Kankakee
    Area:
    Kankakee
    Property Description
    Income Potential, for Sale or Lease. 2 Units are currently leased. 2 Units are available for rent, former Laundry Basket and another unit with 8224 sq. ft. Near Downtown Kankakee $8.00 per square foot annually. Occupied Units consist of 9900 sq. ft. and 4436 sq. ft. Both units are leased on a gross basis; the owner pays for Taxes and Insurance and maintenance. Tenants pay their own utilities.
    Exterior Features

    Construction Concrete BlockSteel Frontage Access City Street Location Central Business DistrictCorner Lot Dimensions 145X187 Lot Sq Ft 27115 Number Of Parking Spaces 50 Roof Coverings Membrane Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Partially SprinkleredSprinklers-Wet Floor Finish CarpetConcreteOther Indoor Parking 1-5 Spaces Miscellaneous Inside Handicapped Equip Washroom/SMulti-TenantOverhead Door/S Number Of Apts 0 Number Of Offices 40 Number Of Stores 1 Number Of Stories 1 Outdoor Parking 51-100 Spaces

    Property Features

    Age Older Built Before1978 YN Yes Current Use Commercial Electrical Service Circuit Breakers Electricity Expense 0 Estimated Cam SF 0 Exterior Building Type Steel Siding Fuel Expense 0 Geographic Locale South Suburban Gross Rental Income Amount 69036 Heat Ventilation Ceiling UnitsForced AirGas Insurance Expense 0 Lease Type Modified Gross Net Oper Income Amount 20036 Number Of Tenants 2 Other Expenses 0 Possession Closing Potential Use CommercialOffice And Research Rental Price 8 Sale Terms ConventionalLease/Purchase Tax Year 2019 Taxes 33778 Tenant Pays ElectricHeatWater/Sewer Total Annual Exp 49000 Total Annual Expense Source Broker Projection Total Annual Income 69036 Total Monthly Income 0 Township Kankakee Unincorporated YN No Water Expense 0 Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Speckman Realty Real Living.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-09-24T23:51:20.633 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647