BRAND NEW ROOF!!! River's Edge is an apartment community featuring 36 units along the Kankakee River in Kankakee, Illinois. The unit mix includes twenty (20) one-bedroom, four (4) two bedroom/one bath and twelve (12) two-bedroom/two bath apartments. The three story building contains 36 apartments. Monthly income does not include vacant units. Proof of funds or pre approval must be provided before all showings. Adjacent buildable lot included in this 2.3 acre lot. Subject to zoning & permit ordinances of the City & Kankakee County.
Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Hydrants On Site
Gas, Hot Water, Baseboard, Zoned
Sanitary Sewer to Site, Water-Community
Gross Rental Income
Gross Rental Multiplier
Total Annual Expenses
Annual Net Operating Income
Total Monthly Income
Total Annual Income
$67, 981 (2016)
This listing 941 North River Drive Kankakee, Il 60901
is a multi family 5+ listing
on a lot of 100,188 sqft (or 2.3 acres). 941 North River Drive was built in 1976. 941 North River Drive is located in Kankakee and in ZIP Code 60901.
It has been listed on our site since 10/18/17.
All information provided is deemed reliable but is not guaranteed and should be independently verified. School assignments are subject to change. Please consult with the appropriate school system for student assignment.
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The City of Kankakee is the center of the county and the nightlife and entertainment capital of the area. Click here to read more.
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*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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