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4 Flat 1017 Schuyler Kankakee IL Mu

City: KANKAKEE ZIP: 60901

Built In: 1971

Lot Size: Less Than .25 Acre

Lot Dimensions: 50X140

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Unit 3 Floor 2: 2 bedrooms 1 baths $0

Unit 4 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Large 2 Story Brick Apartment building. 4 Units, each has 2 bedrooms, 1 bath, kitchen, large living room. separate utility room with access to a shared common room. Live in one rent out the others. Sold as is

Additional Property Details

Garage & Parking
  • ParkingSpace/s,
  • Number of Parking Spaces4
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric,
  • Tenant Pays Unit 2Electric,
  • Tenant Pays Unit 3Electric,
  • Tenant Pays Unit 4Electric,
Appliances
  • Appliances Unit 1None,
  • Appliances Unit 2None,
  • Appliances Unit 3None,
  • Appliances Unit 4None,
Schools
  • Grade School District111
  • Jr High/Middle School District111
  • High School District111

Comparative Data

Zip Code Comparison: 60901

Listings in this Zip Code average: 4 to 5 units, and are priced at $74,088 to $0
This listing is 33% more than other 4 unit listings in this zipcode.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $2,013 Monthly $168
Rental Income Stabilized : Annual $2,516 Monthly $210
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$49,9004$12,475-31.03%24.795.04%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$168$210
Year Total$2,013$2,516
Expense
Total$17,497$17,497
Net Operating Income$-15,484$-14,981
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $604 $1672 $2276 $190
Total         $604 $1,672 $2,276   $-17,760 $604 $-17,156
Stabilized         $604 $1,672 $2,276   $-17,257 $604 $-16,653
Custom         $604 $1672 $2276   $-17257 $604 $-16653




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
137,4251905014050140190
237,3751905014099281380
337,32619050140150420570
437,27519050140200560760
537,22519050140250700950
637,175190511393018391,140
737,124190511393529781,330
837,073190511394031,1171,520
937,022190511394541,2561,710
1036,971190511395051,3951,900
1136,920190521385571,5332,090
1236,868190521386081,6722,280
1336,817190521386601,8102,470

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Listing Agent: Heather Jones
Listing Office: Speckman Realty Real Living

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