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$ 139,900
Est. payment | /mo
4 Beds
2 Baths
$ 139,900
Est. payment | /mo
4 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12727334
Bedrooms 4
Annual Tax Amount $1,974
Tax Year 2024
Lot Dimensions 90x50
Property Sub-Type Two to Four Units
Property Description
This two unit corner lot property at 1179 South Schuyler offers a well maintained investment with updates completed within the last three years to both 2 bedroom, 1 bath units. The bottom unit is leased at 1,000 dollars per month on a year lease, while the top unit currently rents month to month at 800 dollars and will soon turn over, presenting an opportunity to reset terms and add water and sewer responsibility for the incoming tenant. The building features a flat roof just three and a half years old, along with durable vinyl siding and vinyl windows, electric heat upstairs, and forced air heat downstairs, all on separate electric meters. Each unit boasts its own private front porch, offering a shaded and peaceful spot to relax. A single car garage, accessible from both the front and alley, is not currently used by either tenant and offers additional rental income potential as storage space, and an adjacent extra lot is available to bundle with the sale for even more flexibility. Within walking distance to the local farmers market and close to the upcoming river project, this property combines strong cash flow with genuine long term upside, making it a solid addition to any investment portfolio.
Location
State IL
County Kankakee
Area Kankakee
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Electric
Fireplace N
Exterior
Garage Spaces 1.0
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Septic-Mechanical, Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 111 , 111, 111
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Paul Kirkpatrick of Exclusive Realtors