2345 East Maple Street, Kankakee, IL

$474,900

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About 2345 East Maple Street

***6 UNITS*** Nestled in a prime Kankakee, Illinois, location near Interstate 57, this offering includes two buildings with a total of six CONDO-style units, all updated and currently occupied by month-to-month renters. Each two-bedroom, one-bath unit has been refreshed with new flooring, fresh paint, modern light fixtures, updated countertops, and refinished cabinets. The exterior includes durable vinyl siding with vinyl windows, and both buildings share a convenient parking lot. In terms of utilities, tenants cover their own electric, gas, and water, while the landlord handles sewer and garbage expenses. The rental mix is diverse, with four long-term tenants paying between 800/1200, and two additional units renting at 1,100 and 1,180. Notably, the property consists of a four-unit building and a separate two-unit building, which must be sold together. Altogether, this well-maintained multi-unit package offers a fantastic investment opportunity with a strong rental history and a prime location.

Features of 2345 East Maple Street

MLS® # 12479287
Price $474,900
Bathrooms 0.00
Acres 0.00
Year Built 1950
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 2345 East Maple Street
Area Kankakee
City Kankakee
County Kankakee
State IL
Zip Code 60901

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement Yes
Basement Crawl Space

Additional Information

Days on Market 26
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeExclusive Realtors
Contact Infokody.lathus@gmail.com

Listing Map

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