383 Lynn Drive Manteno, IL $ 475,000
383 Lynn Drive
$ 475,000
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383 Lynn Drive

Manteno, IL, 60950
$ 475,000
Bedrooms8 Baths4.0 Sq 3,200

Monthly Estimate*

$ 3,281

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Multi-Family Home for sale in Manteno, IL

for $475,000 with 8 bedrooms and 4 full baths. This 3,200 square foot home was built in 1973 on a lot size of 0.56.

Welcome to 383 Lynn Drive in Manteno, Illinois! This all-brick and vinyl four-unit apartment building is part of an excellent investment opportunity, being offered for sale together with the neighboring four-unit property at 391 Lynn Drive. Both properties must be purchased together as one package, totaling eight residential units. The building features four apartments, each offering two bedrooms, one bathroom, a living room, and an eat-in kitchen. Each apartment includes its own garage, with additional off-street parking available in the rear. The building offers two apartments on the first floor and two on the second floor and shared commercial coin-operated laundry facilities. Numerous updates have been completed, including a newer roof/gutters in 2022, vinyl windows, fresh paint, LVP flooring, select appliances, and updated interior, entrance, and exterior light fixtures. Additional land is available at the rear of the property, offering potential for future rental development, subject to city approval, zoning, and applicable permitting requirements. Located in the welcoming community of Manteno, this property offers an opportunity to acquire four rental units as part of a larger eight-unit investment package.

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Multi-Family Active

Price

$ 475,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,624

Style

Lot Size

0.56

Year Built

1973

Town/City

Manteno

County/Region

Kankakee

MLS | Web ID

12804478

Features
General
Sewer Public Sewer
Heating Electric
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 4
Construction Materials Vinyl Siding Brick
Year Built 1973
Township Manteno
Tax Year 2025
Ownership Fee Simple
Gross Income 48721
County Kankakee
Net Operating Income 11654
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status New
Directions N Birch St Right on Jan Dr Right on Lynn Dr to properties on Right.
High School Manteno High School
City Manteno
High School District 5
MLS Area Manteno
Elementary School Manteno Elementary School
Tax Annual Amount 8624
Middle/Junior High School Manteno Middle School
Standard Status Active
Middle/Junior School District 5
Elementary School District 5
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Interior
Basement Crawl Space
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Yes Garage Owned Detached Off Street Owned Garage
Water Source Public
Total Parking 8
Lot Dimensions 266x75x250.8x115
Lot Size Acres 0.56
Waterfront Y/N N
Other Equipment CO Detectors Sump Pump
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* Excluded Features
List By
Sancken Sole Realty

Broker

billsole@sanckensolerealty.com

Email

Affordability Calculator

$3,999
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,281
Monthly Property Taxes
$719
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1540260 Elementary School
1539437 Middle School
Manteno High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2026$475,000 Listed Price

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383 Lynn Drive, Manteno, IL, 60950 is a Multi-Family Home for sale at $475,000 with 3,200 sqft and a lot size of 0.56. 383 Lynn Drive has 8 bedrooms, 4.0 baths, and was built in 1973. The property's zip code is 60950 which is in Manteno, IL