Shelly Phares
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Exceptional investment opportunity! This 4-unit apartment building was completely rehabbed and effectively rebuilt in 2025. Every major component has been replaced, offering the benefits of new construction with the charm of an established property. The building features all new plumbing, mechanical systems, and electrical throughout. Each unit has been fully updated with brand-new wood flooring, modern finishes, and completely renovated interiors. All appliances are new as of 2025. No detail was overlooked - everything was redone in 2025 , providing peace of mind for both investors and owner-occupants. A true turnkey property with nothing left to do. Roof done in 2026. Close to shops and school.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 7
Bathrooms: 4
County: Kankakee
Listed By:
The Joudeh Group
708-441-9769
MRED MLS
MLS ID: 12785343
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241 S Small Avenue, Kankakee, IL 60901.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $499,999 | $499,999 | $499,999 |
| Down Payment | $100,000 | $17,500 | $125,000 |
| Monthly Mortgage Amount | $2,661 | $3,266 | $3,241 |
| Taxes | $696 | $696 | $696 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $220 | $0 |
| Monthly Estimated Total | $3,503 | $4,328 | $4,083 |
Shelly Phares
REALTOR®
Cell: (309) 269-2669
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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