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Listed by Jason Marcordesof Landmark Property Management, Inc.
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Est. payment /mo
New
26045 S Oak RD Monee, IL 60449
6,984 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,984 sqft
MLS Listing ID 12698859
Year Built 1980
Annual Tax Amount $9,164
Tax Year 2024
Lot Size 0.290 Acres
Lot Dimensions 40 X 160
Property Sub-Type Multi Family 5+
Property Description
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
State IL
County Will
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Sewer Connected, Cable Available
View Y/N true
Building
Water Municipal Water
Structure Type Brick,Wood
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