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Four-Unit Apartment Building

383 Lynn Drive, Manteno, IL 60950

For Sale
New
$475,000

Residential Income, Manteno, IL

Property SizeContact for details
Lot Size0.56 Acres
Days on Market5

Property Features for 383 Lynn Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 2
Parking 8
Parking features Owned, Garage, Off Street
Basement Crawl Space
Elementary school Manteno Elementary School
Middle school Manteno Middle School
High school Manteno High School
Elementary school district 5
Middle school district 5
High school district 5
Directions N Birch St, Right on Jan Dr, Right on Lynn Dr to properties on Right.
Subdivision Manteno
Standard status Active
APN 030215404016
Lot size 0.56 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8624

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Amenities

coin-operated laundry

Building Details

Year built 1973
Building materials Vinyl Siding, Brick
Roof type Asphalt
Buildings 2
Listing Agency: Sancken Sole Realty
Listed By: William Sole · License IL #471000241
Added: Nov 9 Changed: Nov 11 Last Checked: Nov 13 at 11:06PM
MLS# 12804478

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

At 383 Lynn Drive, this two-story apartment property contains four residences, each with two bedrooms, one bathroom, a living room, and an eat-in kitchen. The building has brick and vinyl exterior materials, individual garages, rear off-street parking, and shared coin-operated laundry. Updates include a roof and gutters completed in 2022, vinyl windows, fresh paint, LVP flooring, select appliances, and updated lighting inside, at the entrance, and outside.

The property encompasses 0.56 acres. Additional land lies behind the building; any future rental development there would require city approval, zoning compliance, and applicable permits. This four-unit property is offered only as part of a package with the neighboring four-unit building at 391 Lynn Drive, for a combined total of eight residential units.

Key Highlights

  • Four apartments, each with two bedrooms and one bathroom
  • Offered with the neighboring four‑unit building at 391 Lynn Drive; eight residential units total
  • Individual garage for each apartment, plus rear off‑street parking

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby

Demographics for 60950, IL

11,996
Population
5,243
Households
2.3
Avg Household Size
44
Median Age
22%
College-Educated
94%
High-School Grad
76.6 sq mi
ZIP Area
157
Density / Sq Mi
$87,848
Median Household Income
$54,034
Median Earnings
$1,008
Median Rent
$244,000
Median Home Value
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Market

Properties on Market for Multifamily properties in Kankakee County

Jul
Aug
Sep
Oct

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?
Multifamily property - Four apartments are arranged across two floors, with a garage assigned to each residence and shared coin-operated laundry.
Where is this multifamily property located?
The property is located at 383 Lynn Drive Manteno, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four apartments, each with two bedrooms and one bathroom; Offered with the neighboring four‑unit building at 391 Lynn Drive; eight residential units total; Individual garage for each apartment, plus rear off‑street parking
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