800 N EVERGREEN, KANKAKEE, IL
Others for Sale - $55,000
Agent Info
Front Seat |
Property Info
CIMLS# | 1158110 |
Location 800 N EVERGREEN KANKAKEE IL 60901 | |
Updated | April 16th, 2024 |
Type | Others |
Price | $55,000 |
Attached Documents
Property Description
TENANT RECENTLY MOVED OUT WAS PAYING $900 PER MONTH. MARKET RENTS PER APARTMENT.COM AND ZILLOW HAS RENTS IN THE AREA FROM $1350-$1650. NEEDS ONLY MINOR COSMETICS AND IS READY TO RENT.
RENT IT BELOW MARKET AT $1200 PER MONTH. AFTER THE EXPENSES YOU WILL HAVE A NET OPERATING INCOME (NOI) OF $9926, NOW THAT’S GOOD INCOME.