$159,000
$159,000
For more information regarding the value of a property, please contact us for a free consultation.
516 S Rosewood Avenue Kankakee, IL 60901
4 Beds
Key Details
Sold Price $159,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12272401
Sold Date 02/27/25
Bedrooms 4
Annual Tax Amount $3,547
Tax Year 2023
Lot Dimensions 50X150
Property Sub-Type Two to Four Units
Property Description
Great investment opportunity you won't want to miss! This well-maintained, side-by-side townhome-style duplex features a classic brick exterior and is fully turnkey with separate utilities for each unit. Both units have been recently updated, including two spacious bedrooms and one and a half baths. The south unit brings in 1200/month in rent, while the north unit brings in 1175/month with tenants who are responsible for all utilities. Each unit is secured 1-year lease, with subsidized rental payments, ensuring steady income. Recently passing city inspections and fully licensed, this property promises both immediate cash flow and long-term stability. Schedule your Private showing today!
Location
State IL
County Kankakee
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 111, 111, 111
Others
Ownership Fee Simple
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Melissa Giacomara • Coldwell Banker Realty