Kankakee, IL 60901 357-359 E Hickory Street

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Presented By: First Midwest Realty LLC
  • MLS# 12321500
  • 03/26/2025
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  • Beds • 4
  • Baths • 3

Home Details

**Unleash Investment Potential with a 3 unit CASH FLOW property** This well maintained 3-unit property is primed for immediate returns. Boasting a fully remodeled 2-bedroom unit and individual utilities for each of the three units (separate central air, furnace, and water heater), this is a hassle-free investment opportunity. Enjoy peace of mind with a new roof installed in 2017 and AC units upgraded in 2014. The location is unmatched, directly adjacent to a free city lot with ample parking and nestled in a sought-after neighborhood near restaurants, shopping, and vibrant downtown events. Capitalize on the future with its proximity (15 minutes!) to the new Gotion electric vehicle battery facility in Manteno, projected to employ over 2,500 people! Too many upgrades to list - details available in the attached documents. **This is a must-see for serious investors seeking a performing property!**
Presented By: First Midwest Realty LLC

Interior Features for 357-359 E Hickory Street

Bedrooms

Bedrooms Possible4
Total Bedrooms4

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementUnfinished, Full
Total Number of Units3

General for 357-359 E Hickory Street

Architectural StyleTraditional
CityKankakee
Construction MaterialsVinyl Siding
ContingencyAttorney/Inspection
CountyKankakee
DirectionsRt 17(Court St), south on S. Schuyler, 3 blocks to left on E. Hickory, 1.5 blocks to property on the left
Elementary School District111
Gross Income26700
HeatingNatural Gas, Forced Air
High School District111
Insurance Expense2177
MLS AreaKankakee
Middle/Junior School District111
ModificationTimestamp2025-05-30T13:21:01.906Z
Net Operating Income26700
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount2937.98
Tax Year2023
Total Rooms10
TownshipKankakee
Trash Expense1895
Water Sewer Expense1208
Year Built1900
ZoningMULTI

Exterior for 357-359 E Hickory Street

Foundation DetailsBlock
Lot Dimensions42X55
Total Parking0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Client Care

Price $163,000
MLS#12321500
List Date 03/26/2025
Property Type Contingent
Phone 847.485.2500
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