Kankakee, IL 60901 946 S Schuyler Avenue
$149,900



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Presented By: Exclusive Realtors
Home Details
This exceptional investment property in desirable Kankakee, Illinois, strategically positioned just off Schuyler near the local farmers market and within walking distance to the river, presents a compelling opportunity for local investors. The well-maintained three-unit building features two spacious one-bedroom apartments, one on the main floor and one on the upper level, alongside an efficient studio unit with charming loft space, all currently occupied by reliable long-term tenants providing steady, consistent income at 550 dollars monthly for the efficiency unit, 600 dollars for the upper one-bedroom, and 900 dollars for the main floor one-bedroom, with tenants responsible for gas and electric while the landlord maintains water, sewer, and garbage services. The property boasts superior curb appeal with updated Dutch lap vinyl siding and a durable architectural roof, featuring wrapped windows and soffits ensuring the new owner will not have to paint the windows or soffits during the rental relicensing process upon sale, while the practical basement exterior access ensures convenient maintenance without disrupting tenant occupancy, and the property offers street parking with additional parking spaces in the back for tenants. Schedule your showing today. 24hr notice needed.
Presented By: Exclusive Realtors
Interior Features for 946 S Schuyler Avenue
Bedrooms
Bedrooms Possible3
Total Bedrooms3
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementUnfinished, Exterior Entry, Full
Total Number of Units3
General for 946 S Schuyler Avenue
Additional Parcels Y/NNo
Architectural StyleTraditional
CityKankakee
Community FeaturesPark, Curbs, Sidewalks, Street Lights, Street Paved
Construction MaterialsVinyl Siding
CountyKankakee
DirectionsCourt St to Schuyler Ave; South on Schuyler to property. Located 2 1/2 blocks south of the Kankakee River/Schuyler bridge.
Elementary SchoolTaft Primary School
Elementary School District111
HeatingNatural Gas, Electric, Forced Air
High SchoolKankakee High School
High School District111
MLS AreaKankakee
MaintenanceExpense
Middle/Junior High SchoolJohn Kennedy Middle Grade School
Middle/Junior School District111
Net Operating Income11066
New ConstructionNo
Other StructuresNone
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount3025
Tax Year2024
Total Rooms7
TownshipKankakee
Year Built1905
ZoningMULTI
Exterior for 946 S Schuyler Avenue
Exterior AmenitiesBalcony
Foundation DetailsBlock, Stone
Lot Dimensions50X150
Lot Size Acres0.17
Parking FeaturesOff Alley, Off Street, Yes, Owned
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Kankakee High School
Elementary School
Taft Primary School Elementary School
Middle School
John Kennedy Middle Grade School
