

Listed by Landmark Property Management
$875,900
26045 S Oak Road
Details
APN 2114213360140000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
Cap Rate 8.20%
NOI $72,847
Class B
Year Built 1980
Stories 2
Acreage 0.290
Zoning MULTI
Low Will County taxes and low operating expenses with all-electric heat and appliances.
Marketing 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.
Listing Contacts


Listed by Landmark Property Management
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,847.00
$6,070.58/mo
Valuation Metrics
0
DSCR
8.32%
Cap Rate
8.32%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?





























