Note for sale
Discounted Performing Note — Single Family · Kankakee, IL
630 East Oak, Kankakee, IL · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units3
Beds / baths4 / 2
Living area2,197 sqft
Lot0.37 acres
Year built2010
About this deal
First-position performing note on a single-family home in Kankakee, IL. Balance approximately $355,000. Payments current; 1,936 sq ft of collateral built in 1936. Full due diligence package — payment history, title docs — available upon NDA.
The numbers
- Cap rate
- 4.5%
- Net operating income
- $19,140/yr
- Cash flow
- +$1,595/mo
- Occupancy
- 2 of 3 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.