6478 S Route 45 52 Chebanse, IL $ 1,600,000
6478 S Route 45 52
$ 1,600,000
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6478 S Route 45 52

Chebanse, IL, 60922
$ 1,600,000
Bedrooms11 Baths0.0

Monthly Estimate*

$ 10,634

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Multi-Family Home for sale in Chebanse, IL

for $1,600,000 with 11 bedrooms. This home was built in 1948 on a lot size of 20.

This unique mobile home park is ideally located 60 miles directly South of Chicago and only minutes from I-57. This 22 pad community sits on 7.12 acres plus an additional 10 acres. The package also includes a single family home on 2.88 acres for a total of 20 acres. 20 of the lots are filled-16 owned by the seller and 4 owned by the tenants-Security system stays-Water lines changed to copper approximately 10 years ago-90% have PVC replacing clay tile to septic-91% occupancy-Seller owns refrigerator, stove, washer, and dryer in each unit. The property presents as an add-value opportunity through occupancy growth and rent increase.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

11

Property Type

Multi-Family

Taxes

$ 8,844

Style

Lot Size

20

Year Built

1948

Town/City

Chebanse

County/Region

Iroquois

MLS | Web ID

11711865

Features
General
Cooling Central Air
Zoning OTHER
Year Built 1948
Tenant Pays Air Conditioning Electricity Heat Sewer
Stories 1
Township Chebanse
Tax Year 2021
Gross Income 141580
County Kankakee
Net Operating Income 118502
Operating Expense 21478
Insurance Expense 6657
Property Type Commercial Sale Multi Family 5+
Status Active
Directions I- 57 South to Exit 308. Turn Right onto S Route 45-52. The property is located on the right about 3.5 miles.
City Chebanse
NumberOfUnitsTotal 18
MLS Area Chebanse
Street Name Route 45 52
Tax Annual Amount 8844.78
Electric Expense 927
Fuel Expense 0
Trash Expense 5060
Water Sewer Expense 652
Additional Parcels Y/N Y
Days on Market 446
Standard Status Active
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Exterior
Lot Dimensions 1284.6X235.5X259.9X418.1X1024.7X657.9 & 259.9X418.2
Lot Size Acres 20
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* Excluded Features
List By
Coldwell Banker Realty

Broker

michelle@michellearseneaugroup.com

Email

Affordability Calculator

$11,371
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,634
Monthly Property Taxes
$737
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2023$1,300,000 Listed Price

Map


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6478 S Route 45 52, Chebanse, IL, 60922 is a Multi-Family Home for sale at $1,600,000 with a lot size of 20. 6478 S Route 45 52 has 11 bedrooms, 0.0 baths, and was built in 1948. The property's zip code is 60922 which is in Chebanse, IL