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32625378
32625379

221 S Small Avenue, Kankakee, IL 60901

Realty of America
eXp Realty, LLC - Chicago
Listed by Realty of America, eXp Realty, LLC - Chicago
$390,000
23 days on market
Updated 1 day ago

221 S Small Avenue

Details
APN 16093130800700
Property Type Multifamily
Sub Type Apartment Building
NOI $18,197
Year Built 1972
Parking Spaces spaces

Multifamily

Marketing description

Spacious 4-unit investment opportunity featuring three 2-bedroom units and one 1-bedroom unit. All tenants are currently on month-to-month leases, offering flexibility for investors or owner-occupants! Perfect for a seasoned investor looking to add to their portfolio or a starter investor wanting to live in one unit while renting out the other three. Property is conveniently located near shopping, dining, and everyday amenities. Recent improvements include a brand-new parking lot and driveway completed in 2024.
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Listing Contacts

Realty of America
eXp Realty, LLC - Chicago
Listed by Realty of America, eXp Realty, LLC - Chicago

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$18,197.00
$1,516.42/mo

Valuation Metrics

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DSCR
4.67%
Cap Rate
4.67%
ROI

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