Shelly Phares
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
For the buyer looking for a nice investment property consisting of 2 rental units. Live in the updated lower unit & rent out the upper unit for income or enjoy incomes from both units. Improvements to property include recent new roof (2026), gutters & downspouts. Other: Unit #1 furnace replaced 2023, Unit #2 furnace replaced 2021 / water heater replaced in 2022. All new replacement windows both units in 2015 as part of a lead base paint mitigation. Property was retested for lead & then certified as lead free on 10/28/15 lower unit & 11/17/15 upper unit. There are records showing the certifications available. Also, several updates completed in lower unit: fresh paint throughout, new floor coverings plus more. Recent appraisal is $143,000.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 3
Bathrooms: 2
County: Kankakee
Listed By:
Village Realty Inc
708-478-1212
MRED MLS
MLS ID: 12782746
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811 S Elm Avenue, Kankakee, IL 60901.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $143,000 | $143,000 | $143,000 |
| Down Payment | $28,600 | $5,005 | $35,750 |
| Monthly Mortgage Amount | $761 | $934 | $927 |
| Taxes | $199 | $199 | $199 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $63 | $0 |
| Monthly Estimated Total | $1,060 | $1,296 | $1,226 |
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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