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360 S Elm Avenue Kankakee, IL 60901 Residential - Single Family Active

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Description

Opportunity awaits with this affordable 2-bedroom, 1-bath home offered through the Kankakee Regional Land Bank! Major improvements have already been completed, including a new roof and new block foundation, providing a solid starting point for your renovation vision. Inside, you'll find a spacious kitchen and dining area, generous room sizes, and a full basement with ample ceiling height, offering the potential to create additional living space, bedrooms, a family room, bathroom, home office, or recreation area. Situated on a large lot, the expansive backyard provides plenty of room to add a garage, workshop, outdoor entertaining area, or simply enjoy the extra green space. Whether you're an investor searching for your next rental property, a flipper looking for a value-add opportunity, or an owner-occupant interested in building equity through renovations, this property offers tremendous potential. Rehabilitation loan programs may be available for qualified buyers, making it easier than ever to transform this house into your dream home or investment property. Don't miss this chance to bring new life to a property with strong fundamentals and unlimited possibilities. Sold as-is. Buyer must comply with all Kankakee Regional Land Bank purchase requirements.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,072
Built in 1915
School District: District 111

General Information

Bedrooms: 2
Bathrooms: 1
Sqft: 1,072
County: Kankakee
Listed By:
RE/MAX Prestige Homes 815-937-3629
MRED MLS

Room Information

Bedroom 2: 12X10
Dining Room: 14X9
Kitchen: 18X12
Living Room: 17X12
Primary Bedroom: 12X10
$59,000
Est. $469/mo
2beds
1baths
1,072sqft
Active
BEDS2 BATHS1 full SQUARE FEET1,072 MLS#12582426
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLDistrict 111

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360 S Elm Avenue, Kankakee, IL 60901.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $59,000$59,000$59,000
Down Payment $11,800$2,065$14,750
Monthly Mortgage Amount $287$352$365
Taxes $82$82$82
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$26$0
Monthly Estimated Total $469$560$546

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