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261 Mohawk Drive Bourbonnais, IL $ 525,000
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$ 525,000 Get more info
261 Mohawk Drive
$ 525,000
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Share Save

261 Mohawk Drive

Bourbonnais, IL, 60914
$ 525,000
Bedrooms2 Baths2.1

Monthly Estimate*

$ 3,275

261 Mohawk Drive, Bourbonnais, IL 60914 - Image 1
261 Mohawk Drive, Bourbonnais, IL 60914 - Image 2
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261 Mohawk Drive, Bourbonnais, IL 60914 - Image 7
261 Mohawk Drive, Bourbonnais, IL 60914 - Image 8
261 Mohawk Drive, Bourbonnais, IL 60914 - Image 9
261 Mohawk Drive, Bourbonnais, IL 60914 - Image 10
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261 Mohawk Drive, Bourbonnais, IL 60914 - Image 12
261 Mohawk Drive, Bourbonnais, IL 60914 - Image 13

Multi-Family Home for sale in Bourbonnais, IL

for $525,000 with 2 bedrooms and 2 full baths, 1 half bath. This home was built in 1985.

Excellent investment opportunity with this fully electric 4-unit multifamily building, featuring spacious 2-bedroom, 1.5-bath units in a desirable and high-demand rental area. Tenants pay all there own utilities which is a great addition to this deal. The building has well below market rent so you would have the ability to increase rents to market rents immediately. NEW Parking lot was done in 2024 with 8 total parking spots. Building sits on a big parcel in which you have the ability to development an additional 4 units.

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Multi-Family Active

Price

$ 525,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 9,112

Style

Year Built

1985

Town/City

Bourbonnais

County/Region

Kankakee

MLS | Web ID

12488812
Features
General
Sewer Public Sewer Other
Heating Electric
Possession Other
Construction Materials Vinyl Siding
Year Built 1985
Township Bourbonnais
Tax Year 2024
Ownership Fee Simple
County Kankakee
Net Operating Income 31592
Insurance Expense 2750
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 2500
Total Rooms 7
Status Active
Directions Get onto I94/I90 (the Dan Ryan Expressway) heading south. Merge onto I57 south toward Champaign. Continue on I57 south for many miles passing through the south suburbs. Take Exit 327 for IL50 / Conv
City Bourbonnais
High School District 111
MLS Area Bourbonnais
Tax Annual Amount 9112
Electric Expense 0
Fuel Expense 0
Trash Expense 1200
Water Sewer Expense 0
Standard Status Active
Middle/Junior School District 307
Elementary School District 53
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Interior
Basement None
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Full Baths Building 1
Half Baths Building 1
Total Number of Units 4
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Exterior
Parking Features Yes
Water Source Private
Total Parking 8
Lot Dimensions 15675
Waterfront Y/N N
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* Excluded Features
List By
Horvath & Tremblay Il, Llc

Broker

tshanley@htapartments.com

Email

Affordability Calculator

$4,035
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$759
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
566955 Elementary School
566932 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2025$525,000 Listed Price

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261 Mohawk Drive, Bourbonnais, IL, 60914 is a Multi-Family Home for sale at $525,000. 261 Mohawk Drive has 2 bedrooms, 2.1 baths, and was built in 1985. The property's zip code is 60914 which is in Bourbonnais, IL

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