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Sold on 10/20/2021
Susan Fisher of Coldwell Banker Realty

232 W Oak St, Kankakee, IL 60901

  • $39,900

    Last sold 10/20/2021 after 107 Days

  • 3

    bed

  • 2

    bath

  • 1,508

    Sqft ($26/Sqft)

Multi-family not for sale
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About 232 W Oak St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 1,742 Sqft
Property description
~BACK ON MARKET!~ STEADY INCOME two-flat in the Opportunity Zone! Main level apartment has 2BR, 1 bath + access to laundry area in basement; upstairs is a studio apartment. *Reliable long-term tenants, always current. MTM leases now, in anticipation of sale. Rents are below market value, but still profitable.* Tenants have separate meters for gas & electric; owner pays water, sewer & scavenger. GREAT location - only 3 blocks to downtown; close to all commuter access points (Amtrak, bus, interstate), and near markets, churches, restaurants, parks, etc. *Estate - sold as is.* See broker remarks about OZ financing benefits, or call co-list agent for more info.
Listed by
Listing Agent - Susan Fisher
Listing Office - Coldwell Banker Realty
Source: MRED mls logo
MLS#11146269 • last updated 4 years ago
Movoto checked MRED for data 5 minutes ago
Overview
Levels/Style Traditional
MLS # 11146269
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.04
Property Tax $ 2123.9
Year Built 1900
Interior
Basement Full, Unfinished
Total # of Rooms 7
Exterior
Roof Asphalt
Exterior Vinyl Siding
Parking Desc None
Other Structures Shed(s)
Lot Desc Less Than 0.25 Acre, Fenced Yard
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 2
Location
Area Kankakee
County Kankakee
Elementary School District 111
High School Kankakee High School
Middle School District 111
Middle School Kankakee Junior High School
High School District 111
APN 16093232401900
Zoning MULTI
Directions Brookmont Blvd To South On Schuyler Ave; Right On Chestnut; Left On Washington; Right On Oak. Property On Left.
Multifamily Details
Unit 2: # Full Bath 1
Unit 1: # Full Bath 1
Unit 1: SqFt 858
Unit 2: SqFt 650
Unit 1: Total # of Rooms 4
Unit 2: Total # of Rooms 3
Unit 1: Lease Expiration Date MTM
Unit 2: Lease Expiration Date MTM
Unit 1: Security Deposit 520
Unit 2: Security Deposit 450
Unit 1: # of Bedrooms 2
Unit 2: # of Bedrooms 1
Expense: Trash 2020, 1627
Expense: Insurance 864
Expense: Other 279
Net Operating Income 5931
Gross Income 11640
Expense: Water/ Sewer 814
Unit 2: Rent 450
Unit 1: Rent 520
Total Rental Income 11640
We are not permitted to show value estimates for this property.
  • Nov 2021
    mls logo MLS # 11146269
  • Nov 2, 2021 Sold
    $39,900
  • Oct 20, 2021 Pending
    —
  • Sep 23, 2021 Listed
    —
  • Sep 10, 2021 Active
    —
  • Aug 24, 2021 Price Change
    $39,900 (-13.1%)
  • Jul 16, 2021 Price Change
    $45,900 (-8.0%)
  • Jul 5, 2021 Listed
    $49,900
  • Apr 2021
    mls logo MLS # 10779127
  • Apr 23, 2021 Price Change
    $49,900 (-9.3%)
  • Jan 4, 2021 Re-Activated
    —
  • Jan 3, 2021 Expired
    —
  • Oct 12, 2020 Price Change
    $55,000 (-6.8%)
  • Jul 12, 2020 Listed
    $59,000 (+114.5%)
  • Oct 2012
    mls logo MLS # 08186119
  • Oct 3, 2012 Sold
    $27,500 (-49.9%)
  • Feb 23, 1995 Listed
    $29,900
  • Sep 2009
    mls logo MLS # 07157652
  • Sep 11, 2009 Expired
    —
  • Mar 10, 2009 Listed
    $54,900 (+83.6%)
  • 232 W Oak St
    $39.9K
  • Kankakee
    —
  • 60901
    $189K +5% y/y
  • Kankakee
    $189K +5% y/y
No chart available
Statistics calculated by Movoto

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3/10
John Kennedy Middle Grade School
public Grades 2-6
Kankakee School District 111
2/10
Kankakee Junior High School
public Grades 7-8
Kankakee School District 111
1/10
Kankakee High School
public Grades 9-12
Kankakee School District 111
Source: GreatSchools.org © 2026. All rights reserved.

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