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$ 250,000
Est. payment | /mo
8 Beds
$ 250,000
Est. payment | /mo
8 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12379726
Bedrooms 8
Year Built 1960
Annual Tax Amount $5,468
Tax Year 2023
Lot Dimensions 50X150
Property Sub-Type Two to Four Units
Property Description
Fully Renovated Multi-Unit Property - Turnkey & Income-Producing! Welcome to 1184 E Merchant, where all units have been extensively updated and are move-in ready. Upgrades include a new roof, new siding, updated insulation, and mostly new electrical and plumbing systems. Enjoy brand new porches, exterior doors, luxury brand LVP flooring, plush carpet, fresh interior paint, and all-new light and plumbing fixtures. Bathrooms feature tile tub surrounds and new vanities, while kitchens have updated cabinets and new countertops. Each unit includes a serviced forced-air furnace, with one unit featuring electric baseboard heat. A partial sewer main replacement and added cleanout provide peace of mind for future maintenance. Most appliances have been updated as well. Ideally located just 1/8 mile from interstate access and close to schools, parks, grocery stores, gas stations, and public transportation. A great opportunity to own a fully updated, cash-flowing property in a convenient location!
Location
State IL
County Kankakee
Rooms
Basement Crawl Space
Interior
Heating Electric
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
School District 111, 111, 111
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Stephen Styck • Styken Real Estate and Property Management
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "