26045 S Oak Road Monee, IL 60449

$895,900

New / MLS# 12604702 / Multi Unit - Multiple / Monee

0 Beds

6984 SqFt

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.

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Property Details

Property Type: Multi Unit - Multiple

Cooling: Window Unit(s)

Lot Size: 0.29 Acres

Stories: 2.0

Taxes: $9,164

Year Built: 1980

Feature Descriptions

Current Use: Multi-Family

Electric: Circuit Breakers

Exterior: Brick, Wood

Fire Protection: Alarm Monitored, Fire Extinguisher/s, Carbon Monoxide Detector(s)

Frontage Type: Public Road, Alley Access, Paved

HVAC: Electric

Lot Dimensions: 40 X 160

Miscellaneous Indoor: Laundry Room

Parcel#: 2114213360140000

Parking: 6-12 Spaces

Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water

Units: 6

Utilities: Sewer Connected, Cable Available

Location

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Listing Office Phone: 312-313-8553