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Residential Income Property with City Utilities
For Sale
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1945 S SCHUYLER AVE, Kankakee, IL 60901

City water and city sewer serve the property, with tenants directly billed for all utilities.

Property Size113,256 SF
Price / SF$8.38
Days on Market168

Property Features for 1945 S SCHUYLER AVE

General Information

Standard status Active
Size 113,256 SF
Class C
Property subtype Mobile Home Park
Zoning 0040 (Improved lots)
Occupancy 80%
Net Operating Income $159,394

Building Details

Year Built 1970
Units 21
Listing Agency: Mr. Landman
Listed By: Jon Fisher · License #IL 471.020503
Source: Crexi
Added: May 12 Changed: Oct 26 Last Checked: Oct 24 at 5:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mr. Landman

Rey
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Investment Insights

Based on property information with market context.

This residential income property is serviced by city water and city sewer. The current utility setup is structured so tenants are directly billed for all utilities.

Located at 1945 S Schuyler Ave in Kankakee, Illinois, the property is about 60 miles south of Midway Airport.

It is offered for sale.

Key Highlights

  • City water and city sewer service the property
  • Tenants are directly billed for all utilities
  • Located about 60 miles south of Midway airport

Property Analytics

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Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 60901, IL

33,628
Population
15,357
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
86%
High-School Grad
97.3 sq mi
ZIP Area
346
Density / Sq Mi
$54,557
Median Household Income
$36,244
Median Earnings
$1,020
Median Rent
$143,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - City water and city sewer serve the property, with tenants directly billed for all utilities.
Where is this mobile home & rv park located?
The property is located at 1945 S SCHUYLER AVE Kankakee, IL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: City water and city sewer service the property; Tenants are directly billed for all utilities; Located about 60 miles south of Midway airport
(217) 202-0924 Call to check price and availability
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