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$300,000
Est. payment /mo
1.75 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12684690
Year Built 1910
Annual Tax Amount $8,890
Tax Year 2025
Lot Size 1.750 Acres
Lot Dimensions 164.3 x 463.2
Property Sub-Type Mixed Use
Property Description
Fantastic opportunity to own a commercial site on the frontage road off of the high traffic of IL Rt 17. This is yards from north or south entrance to Illinois Route 57. The property includes one large home with 3 units, 2 single-family houses, a 2 car garage and a trailer. If all 7 units are rented it could bring in about $66,600 per year. The north house is gutted and if fixed could bring $1200, the middle house could be rented for $1200. The trailer is rented for $900 per month. The south home is right along the frontage rd off Rt 17 and includes 3 apartments could rent for $700 per unit x 3 units=$2100, and the 2 car garage could bring $150 per month. Total rent could be $2000. The property measures 164.3' x 463.2'. Address for the house with a two car attached garage is 165 S Krause and house with no garage is 185 S Krause. Call today for more information.
Location
State IL
County Kankakee
Area Kankakee
Zoning COMMR
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Water Available
Building
Dwelling Type Mixed Use
Water Municipal Water
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lisa Sanford of Berkshire Hathaway HomeServices Speckman Realty
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Crosstown Realtors
Owner | License ID: 471019341