4966 W Doris Drive Kankakee, IL $ 395,000
4966 W Doris Drive
$ 395,000
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4966 W Doris Drive

Kankakee, IL, 60901
$ 395,000
Bedrooms7 Baths4.0 Sq 3,274

Monthly Estimate*

$ 2,759

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Multi-Family Home for sale in Kankakee, IL

for $395,000 with 7 bedrooms and 4 full baths. This 3,274 square foot home was built in 1965 on a lot size of 0.55.

Amazing one of a kind immaculate 4 unit in Limestone area walking distance to school. Exceptionally well maintained, this unit has had long term renters (now on month to month basis) and therefore rents are lower than market value. Owner has taken the building down to the studs over the rehab, replacing plumbing and electrical, new roof was put on 8 years ago, New on demand boilers installed for radiant hot water heat and hot water, newer vinyl siding, newer vinyl window already installed, newer sump pumps and generator to power all sump pumps already in place. Truly nothing left to do, and therefore owner is selling it AS-IS. Only the vacant one bedroom unit is available for showing. But finishes and floor plan exactly like the other three 2 bdr units with the exception that there is one more bedroom. (Owner converted one of the bedrooms that was in the original unit#1 to the laundry room, thus making it a 1 bdr unit). Income from washer dryers offsets any minimal cost to seller of laundry room. All other utilities, water and trash are paid by each unit - separate metering.

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Multi-Family Contingent

Price

$ 395,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,017

Style

Lot Size

0.55

Year Built

1965

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12037048

Features
General
Sewer Septic-Private
Heating Steam
Possession Closing
Roof Asphalt
Garage Spaces 4
Year Built 1965
Township Limestone
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 33600
Community Features Park Street Paved
County Kankakee
Net Operating Income 25704
Insurance Expense 1879
New Construction N
Property Type Residential Income Two to Four Units
Contingency Financing
Total Rooms 19
Status Contingent
Directions WEST ON IL-17 W 5 MILES TURN R ONTO 5000W RD R ON DORIS
City Kankakee
High School District 2
MLS Area Kankakee
Waterfront Y/N N
Street Name Doris
Elementary School Herscher Elementary School
Tax Annual Amount 6017
Additional Parcels Y/N N
Days on Market 12
Standard Status Active Under Contract
Middle/Junior School District 2
Elementary School District 2
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Interior
Basement None None
Street Suffix Drive
Total Bedrooms 7
Total Baths 4
Bedrooms Possible 7
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Driveway
Lot Features Corner Lot
Water Source Public
Total Parking 16
Foundation Details Block
Lot Dimensions 175.8X135.46
Lot Size Acres 0.55
Other Equipment Ceiling Fan(s)
Garage Onsite Yes
Garage Type Attached
Exterior Brick
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* Excluded Features
List By
Coldwell Banker Realty

Broker

susan.fisher@cbexchange.com;susan@fisherpowersgroup.com

Email

Affordability Calculator

$3,261
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,759
Monthly Property Taxes
$501
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1540664 Elementary School
565591 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2024$395,000 Listed Price

Map


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4966 W Doris Drive, Kankakee, IL, 60901 is a Multi-Family Home for sale at $395,000 with 3,274 sqft and a lot size of 0.55. 4966 W Doris Drive has 7 bedrooms, 4.0 baths, and was built in 1965. The property's zip code is 60901 which is in Kankakee, IL