26045 S Oak Road Monee, IL $ 895,900
26045 S Oak Road
$ 895,900
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26045 S Oak Road

Monee, IL, 60449
$ 895,900
Bedrooms2 Baths0.0 Sq 6,984

Monthly Estimate*

$ 5,516

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Multi-Family Home for sale in Monee, IL

for $895,900 with 2 bedrooms. This 6,984 square foot home was built in 1980 on a lot size of 0.29.

Very low operating expenses due to all electric building (tenants pay their own heat and hot water) & low Monee taxes! Excellent 6 unit investment opportunity featuring six 2 bedroom, 1 bath units. This well maintained building has seen many recent updates, with several units rehabbed with newer cabinets, countertops, appliances, flooring, windows and more. New roof in 2018. The property is all electric with heat and hot water paid by tenants, keeping operating expenses low and predictable. There are 7 water heaters, 2 sump pumps, and a fire alarm system connected directly to the fire department. Additional income is generated from the coin operated washer and dryer. Parking is available in both the front and rear of the building, and the property sits on a large yard in a residential neighborhood. Conveniently located near restaurants, shopping, a dollar store, and approximately 2 miles from Amazon within the booming Monee community (new Starbucks and Tractor Supply among other new developments). Strong cash flow potential with low expenses. Owner is a licensed real estate agent.

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Multi-Family Active

Price

$ 895,900

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 9,164

Style

Multi-Family

Lot Size

0.29

Year Built

1980

Town/City

Monee

County/Region

Will

MLS | Web ID

12604702

Features
General
Cooling Window Unit(s)
Utilities Sewer Connected Cable Available
Possession Closing
Zoning MULTI
Construction Materials Brick Wood
Year Built 1980
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Hot Water
Stories Count 2
Township Monee
Tax Year 2024
Current Use Multi-Family
Gross Income 92100
County Will
Net Operating Income 72847
Operating Expense 19852
Insurance Expense 3600
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 3600
Status Active
Directions COURT ST TO OAK-SOUTH TO ADDRESS-EAST SIDE OF STREET
City Monee
Number Of Units Total 6
MLS Area Monee / Unicorporated Monee
Lot Size Square Feet 12500
Tax Annual Amount 9164.58
Electric Expense 655
Fuel Expense 0
Trash Expense 1125
Water Sewer Expense 1047
Additional Parcels Y/N N
Standard Status Active
Cap Rate 8.2
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Exterior
Water Source Municipal Water
Building Area Total 6984
Lot Dimensions 40 X 160
Lot Size Acres 0.29
Frontage Type Public Road Alley Access Paved
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* Excluded Features
List By
Landmark Property Management, Inc.

Broker

jason@landmarkrgc.com

Email

Affordability Calculator

$6,280
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,516
Monthly Property Taxes
$764
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2026$895,900 Listed Price

Map


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26045 S Oak Road, Monee, IL, 60449 is a Multi-Family Home for sale at $895,900 with 6,984 sqft and a lot size of 0.29. 26045 S Oak Road has 2 bedrooms, 0.0 baths, and was built in 1980. The property's zip code is 60449 which is in Monee, IL