261 Mohawk Dr - Apartments FOR SALE


Bourbonnais, IL 60914
$525,000 USD
312-957-7189
261 Mohawk Dr, Bourbonnais, IL for Sale
$525,000 USD
Apartments - FOR SALE
1/8
null | 6.02% Cap Rate

261 Mohawk Dr
Bourbonnais, IL 60914


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities
  • Value-Add Potential
  • Separately Metered Utilities
  • Off-Street Parking
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 261 Mohawk Drive in Bourbonnais, IL (the “Property”). The two-story building contains four (4) 2-Bedroom/1.5-Bathroom units with 4,400 square feet of gross living area and 4,500 square feet of gross area. The Property is situated upon a 0.36-acre parcel and offers ample parking with eight (8) spaces available in a paved lot in front of the Property. 261 Mohawk Drive is well-positioned within Bourbonnais, offering strong neighborhood visibility and convenient access to local residential and commercial corridors. The property benefits from proximity to Illinois Route 50 and Interstate 57, ensuring efficient regional connectivity to Kankakee, Joliet, and the Greater Chicago area. Nearby retail, dining, educational, and recreational amenities enhance livability and support long-term tenant appeal.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

4

PRICE/UNIT

$131,250

CAP RATE

6.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

261 Mohawk Drive

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

-

APN/PARCEL ID

17-09-17-303-008

ASK ABOUT THIS PROPERTY

Thomas ShanleyHorvath & TremblayMore Info
312-957-7189

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Thomas ShanleyHorvath & TremblayMore Info
312-957-7189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.