26045 S Oak Rd

Monee, IL 60449

$895,900
Price
12
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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New
New

Description

Very low operating expenses due to all electric building (tenants pay their own heat and hot water) & low Monee taxes! Excellent 6 unit investment opportunity featuring six 2 bedroom, 1 bath units. This well maintained building has seen many recent updates, with several units rehabbed with newer cabinets, countertops, appliances, flooring, windows and more. New roof in 2018. The property is all electric with heat and hot water paid by tenants, keeping operating expenses low and predictable. There...Very low operating expenses due to all electric building (tenants pay their own heat and hot water) & low Monee taxes! Excellent 6 unit investment opportunity featuring six 2 bedroom, 1 bath units. This well maintained building has seen many recent updates, with several units rehabbed with newer cabinets, countertops, appliances, flooring, windows and more. New roof in 2018. The property is all electric with heat and hot water paid by tenants, keeping operating expenses low and predictable. There are 7 water heaters, 2 sump pumps, and a fire alarm system connected directly to the fire department. Additional income is generated from the coin operated washer and dryer. Parking is available in both the front and rear of the building, and the property sits on a large yard in a residential neighborhood. Conveniently located near restaurants, shopping, a dollar store, and approximately 2 miles from Amazon within the booming Monee community (new Starbucks and Tractor Supply among other new developments). Strong cash flow potential with low expenses. Owner is a licensed real estate agent.
  1. Listed by Jason Marcordes • Landmark Property Management, Inc.
    P: (312)-313-8553 jason@landmarkrgc.com

Property Details for 26045 South Oak Road

Area
Monee / Unicorporated Monee
Township
Monee
Air Conditioning Type
Window Unit(s)
Zoning
MULTI
LISTING UPDATED: 03/30/2026 07:05 AM

Property Details for 26045 South Oak Road

StatusNew
MLS #12604702
Days on Market1
Taxes$9,165 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1980
Lot Size0.29 AC / 12,500 SF
CountyWill County
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Location

Listing Courtesy of Landmark Property Management, Inc.
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Building Information for 26045 South Oak Road

Stories2Residences6Year Built1980Building Size-Lot Size0.29 AC / 12,500 SF

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$5,112 per month

30 year fixed, 6.11% Interest

Principal and Interest

$4,348

Property Taxes

$764

HOA Dues

$0

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Property Information for 26045 South Oak Road

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Owner
  • Owner Pays: Snow Removal, Trash Collection, Water
Location and General Information
  • Frontage Type: Public Road, Alley Access, Paved
  • Information: No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Heat/Ventilation: Electric
  • # Of Refrigerators: 6
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • Num of Baths: 6.0
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Sewer Connected, Cable Available
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 40 X 160
  • Lot Size Square Feet: 12500.0
  • Stories: 2
  • Exterior Building Type: Brick, Wood
  • Construction: Brick, Wood
  • Fire Protection: Alarm Monitored,Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Building Area Total: 6984
  • # Of Ranges: 6
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 28
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $655.00
  • Fuel Expense: $.00
  • Gross Income: $92,100.00
  • Gross Scheduled Income: $92,700.00
  • Insurance Expense: $3,600.00
  • Maintenance Expense: $3,600.00
  • Electric Expense Source: Actual
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 660
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 7725
  • Water Expense Source: Actual
  • Net Operating Income: $72,847.00
  • Operating Expense: $19,852.00
  • Other Expense: $.00
  • Trash Expense: $1,125.00
  • Water Sewer Expense: $1,047.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 26045 South Oak Road

DateEvent & SourcePriceAppreciation
Mar 30, 2026

Listed (Active)

MRED #12604702

$895,900—
May 19, 2021

Sold

MRED #10902339

$430,000—
Apr 28, 2021

Sold (Public Record)

Public Record #1467273885

$430,000

+0.4% / yr

Feb 24, 2021

Pending

MRED #10902339

—
Nov 4, 2020

Listed (Active)

MRED #10902339

$450,000—
Oct 1, 2019

Cancelled

MRED #10135718

$475,300—
Nov 12, 2018

Listed (Active)

MRED #10135718

$475,300—
Dec 2, 2004

Sold (Public Record)

Public Record #150257961

$400,000—
DateEvent & SourcePrice
03/30/2026

Listed (Active)

MRED #12604702

$895,900
05/19/2021

Sold

MRED #10902339

$430,000
04/28/2021

Sold (Public Record)

Public Record #1467273885

$430,000

+0.4% / yr

02/24/2021

Pending

MRED #10902339

—
11/04/2020

Listed (Active)

MRED #10902339

$450,000
10/01/2019

Cancelled

MRED #10135718

$475,300
11/12/2018

Listed (Active)

MRED #10135718

$475,300
12/02/2004

Sold (Public Record)

Public Record #150257961

$400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 26045 South Oak Road

Taxable ValueLand$17,791Additions$70,089Total$87,880
Tax Record2023$10,117 ($843 / month)
Home Facts
Baths6Total Finished SqFt5,238 SqFtAbove Grade Finished SqFt5,238 SqFtStories3Lot Size12,632 SqFtStyleMiscellaneous CommercialYear Built1980CountyWILLAPN21-14-21-336-014

Schools near 26045 South Oak Road

This home is within Crete Monee Community Unit School District 201u.
Rating
School
Type
Grades
Distance
Monee Elementary School
Public - K to 5
Crete-Monee Middle School
Public - 6 to 8
Crete-Monee High School
Public - 9 to 12
Monee Education Center
Public - 6 to 12
Rating
School
Distance
Monee Elementary School
PublicK to 5

Crete-Monee Middle School
Public6 to 8

Crete-Monee High School
Public9 to 12

Monee Education Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 26045 South Oak Road, Monee, IL 60449

26045 South Oak Road is a multi-family home for sale in Monee, IL 60449. This property was listed for sale on March 30, 2026 by Landmark Property Management, Inc., it's currently listed at $895,900. It has been on the market for a total of 1 days and was last sold on May 19, 2021. This listing's school district is Crete Monee Community Unit School District 201u. Nearby schools include Monee Elementary School, Crete-Monee Middle School and Crete-Monee High School. 26045 South Oak Road is a 12-bed, 6-bath, multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Landmark Property Management, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/30/2026 07:05 AM. 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.