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$425,000

  • Sold
  • Closed
  • Multi-Family
  • 2 Total Beds
  • Updated 4 days ago
See This Home
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Excellent investment opportunity with this fully electric 4-unit multifamily building, featuring spacious 2-bedroom, 1.5-bath units in a desirable and high-demand rental area. Tenants pay all there own utilities which is a great addition to this deal. The building has well below market rent so you would have the ability to increase rents to market rents immediately. NEW Parking lot was done in 2024 with 8 total parking spots. Building sits on a big parcel in which you have the ability to development an additional 4 units.

Full Property Details for 261 Mohawk Dr

General

  • Sold For: $425,000
  • Taxes: $9,112 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12488812
  • Added to Site: 180 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Parking

  • Total Spaces: 8
  • Parking Features: Yes

Location

  • Area: Bourbonnais
  • County: Kankakee
  • Driving Directions: Get onto I94/I90 (the Dan Ryan Expressway) heading south. Merge onto I57 south toward Champaign. Continue on I57 south for many miles, passing through the south suburbs. Take Exit 327 for IL50 / Convent Street toward Kankakee / Bourbonnais. Turn left (east) onto IL50 N / Convent Street. Continue east or northeast on IL50 / Convent to reach local Bourbonnais roads. Turn onto a local street toward Mohawk Drive. Arrive at 261 Mohawk Drive, Bourbonnais.

School Information

  • School District: 53
  • Midd School District: 307

Heating & Cooling

  • Heating Type: Electric

Utilities

  • Water: Private

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: None
  • Year Built: 1985
  • Remodeled/Updated: 1992

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 15675

Financial Considerations

  • Assessment Year: 1985
  • Tax Amount: $9,112
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 17091730300800

Listed by Horvath & Tremblay IL, LLC

Meet the selling agent

Meet the selling agent
— 261 Mohawk Dr —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 261 Mohawk Dr

School Districts:Bradley-Bourbonnais Consolidated High School District 307, Bourbonnais School District 53
NameGradesDistance
Shabbona Elementary School, Bourbonnais, IL
321 North Convent Street, Bourbonnais, IL 60914
1-40.6 mi
Liberty Intermediate School, Bourbonnais, IL
1690 Career Center Road, Bourbonnais, IL 60914
5-61.6 mi
Bourbonnais Upper Grade Center
200 West John Casey Road, Bourbonnais, IL 60914
7-80.5 mi
Bradley-Bourbonnais C High School
700 West North Street, Bradley, IL 60915
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 261 Mohawk Dr

Date
Details
Price
Change
Source
3/30/2026
Sold
$425,000
-10.53%
MLS
12/17/2025
Price Reduced
$475,000
-9.52%
MLS
10/06/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Horvath & Tremblay IL, LLC

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Price Reduced near 261 Mohawk Dr

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Recent Sales near 261 Mohawk Dr

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Listed and Sold by Michelle Arseneau Group

261 Mohawk Drive, Bourbonnais, IL 60914 (MLS# 12488812) is a Multi-Family property that was sold at $425,000 on March 30, 2026. Want to learn more about 261 Mohawk Drive? Do you have questions about finding other Multi-Family real estate for sale in Bourbonnais? You can browse all Bourbonnais real estate or contact a Coldwell Banker agent to request more information.