Listing Courtesy of: Midwest Real Estate Data / Mccolly Bennett Commercial Advantage / Jay Tamblyn
$1,350,000
3
BED
2
BATH
40,000
SQFT
  4067 South Wheeler Road Pembroke Twp, IL 60958
Active (153 Days)

Comments

PEMBROKE TOWNSHIP - 40 UNIT SENIOR HOUSING COMPLEX - All under one roof, these 40 units are fully occupied and there is a waiting list of for new residents. Listed at an 8 CAP equal to $33,750/unit. Currently owned with an assumable Rural Development Loan. The majority of income is backed by government rental assistance. To maintain occupancy and rental assistance, certain guidelines apply for purchase and for the existing loan structure to transfer. Property in "Good" condition. On site laundry facility, community room and large outside sitting area on site. Building sits on 5 acres! Management in place could possibly stay on after sale.

MLS #
10766933
Taxes
$22,746
Lot Size
5 acres
Type
Multifamily
Year Built
1990
County
Kankakee County
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Inside Corridor/S
  • Laundry Room
  • Handicapped Access
  • Common Exercise Room/S
  • Handicapped Equip Washroom/S
Property Features
  • Fireplace: 0
  • Foundation: Concrete
Heating and Cooling
  • Central Bldg Heat
  • Wall Sleeve
Exterior Features
  • Roof: Fiberglass
Stories
  • 1
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Based on information submitted to the MLS GRID as of 12/1/20 12:43. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.
Lori Pangburn
Lori Pangburn