Bourbonnais, IL 60914 261 Mohawk Drive
$525,000
8 more
Presented By: Horvath & Tremblay IL, LLC
Beds • 2
Full/Half Baths • 2 / 1
Home Details
Excellent investment opportunity with this fully electric 4-unit multifamily building, featuring spacious 2-bedroom, 1.5-bath units in a desirable and high-demand rental area. Tenants pay all there own utilities which is a great addition to this deal. The building has well below market rent so you would have the ability to increase rents to market rents immediately. NEW Parking lot was done in 2024 with 8 total parking spots. Building sits on a big parcel in which you have the ability to development an additional 4 units.
Presented By: Horvath & Tremblay IL, LLC
Interior Features for 261 Mohawk Drive
Bedrooms
Bedrooms Possible2
Total Bedrooms2
Bathrooms
Full Baths Building1
Half Baths Building1
Total Baths2
Other Interior Features
BasementNone
Total Number of Units4
General for 261 Mohawk Drive
CityBourbonnais
Construction MaterialsVinyl Siding
ContingencyAttorney/Inspection
CountyKankakee
DirectionsGet onto I94/I90 (the Dan Ryan Expressway) heading south. Merge onto I57 south toward Champaign. Continue on I57 south for many miles, passing through the south suburbs. Take Exit 327 for IL50 / Conv
Electric Expense
Elementary School District53
Fuel Expense
HeatingElectric
High School District111
Insurance Expense2750
MLS AreaBourbonnais
MaintenanceExpense2500
Middle/Junior School District307
ModificationTimestamp2025-10-20T14:59:02.045Z
Net Operating Income31592
New ConstructionNo
OwnershipFee Simple
PossessionOther
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer, Other
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount9112
Tax Year2024
Total Rooms7
TownshipBourbonnais
Trash Expense1200
Water Sewer Expense0
Year Built1985
Exterior for 261 Mohawk Drive
Lot Dimensions15675
Parking FeaturesOn Site
Total Parking8
Water SourcePrivate
Waterfront Y/NNo
Additional Details
Price History
