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.
Listed By
Agency Name: Landmark Property Management, Inc.
Agency Phone: 312-313-8553
Shown By
Agent Name: Linda Dunn
Agent Phone: (815) 397-4040
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Estimated Payment
$ 3,018.86 per month $1,993.89 Principal & Interest $763.67 Property Tax $261.30 Homeowner's Insurance
26045 S Oak Road | MLS# 12604702
This multi-family property located at 26045 S Oak Road, Monee, IL 60449 is currently listed for sale with an asking price of $895,900. Search Monee real estate on lindadunn.bhhscrosby.com today.