Residential Income for Sale: 516 S Rosewood, Kankakee, IL 60901

4 beds
$159,000
$159,000
516 S Rosewood, Kankakee, IL 60901
4 beds
$159,000
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Price:
$159,000
Est. payment: Skip to Mortgage Calculator

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Type Residential Income
Beds 4
City Kankakee
County Kankakee
School District 111
MLS 12272401
Status Active Under Contract
Great investment opportunity you won't want to miss! This well-maintained, side-by-side townhome-style duplex features a classic brick exterior and is fully turnkey with separate utilities for each unit. Both units have been recently updated, including two spacious bedrooms and one and a half baths. The south unit brings in 1200/month in rent, while the north unit brings in 1175/month with tenants who are responsible for all utilities. Each unit is secured 1-year lease, with subsidized rental payments, ensuring steady income. Recently passing city inspections and fully licensed, this property promises both immediate cash flow and long-term stability. Schedule your Private showing today!

Room Features

Basement Description Unfinished

Lot & Building Features

Heating Natural Gas
Parking Description Space/s
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 50X150 ft

Community and Schools

Elementary School 111

Price History of 516 Rosewood, Kankakee, IL

Date Name Price Difference
12/31/1969 Listing Price $159,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Tom OConnor
Tom OConnor
Broker
Direct: 708-237-7790
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Exclusive Realtors, Paul Kirkpatrick
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516 Rosewood (MLS #12272401) is a residential income listing located in Kankakee, IL. This property was listed on 01/16/2025 and has been priced for sale at $159,000.

Nearby zip codes are 60481, 60914, 60915, 60927 and 60940. This property neighbors other cities such as Bourbonnais, Bradley, Clifton, Grant Park and Wilmington.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Exclusive Realtors