Active
12 beds

26045 S Oak Rd, Monee, IL 60449

Est: $5,301/moGet pre-approved
Multi FamilyProperty Type
0.29 acresLot Size
1980Year Built

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.
91 days on Market
  • Listed by: Jason Marcordes 312.313.8553 jason@landmarkrgc.com • Landmark Property Management, Inc.
Last updated: 07/27/2026 12:06 AM • Source: MRED as distributed by MLS GRID, MLS#: 12698859
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Listing Courtesy of Landmark Property Management, Inc.
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$5,301 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,538

Property Taxes

$764

HOA Dues

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Property Information for 26045 South Oak Road

Property Details

  • Taxes: $9,165 / year
  • MLS Type: Multi Family 5+ / Corridor-Interior Entrance
  • County: Will County
  • Area: Monee / Unicorporated Monee
  • Township: Monee
  • Air Conditioning Type: Window Unit(s)
  • Zoning: MULTI

Building Information

  • Stories: 2
  • Residences: 6
  • Year Built: 1980
  • Lot Size: 0.29 AC / 12,500 SF

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: $100,800.00
  • Gross Scheduled Income: $100,800.00
  • 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: 8350
  • Water Expense Source: Actual
  • Net Operating Income: $80,948.00
  • 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
Jul 21, 2026

Listed (Active)

MRED #12698859

$849,995—
Jul 16, 2026

Contingent

MRED #12698859

—
Jul 8, 2026

Listed (Active)

MRED #12698859

$849,995—
DateEvent & SourcePrice
07/21/2026

Listed (Active)

MRED #12698859

$849,995
07/16/2026

Contingent

MRED #12698859

—
07/08/2026

Listed (Active)

MRED #12698859

$849,995

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

Public Records for 26045 South Oak Road

Taxable Value

Land

$17,791

Additions

$70,089
Total$87,880

Tax Record

2025

$8,835 ($736 / month)

Home Facts

Baths

6

Total Finished SqFt

6,984 SqFt

Above Grade Finished SqFt

6,984 SqFt

Unfinished Basement SqFt

1,746 SqFt

Stories

3

Lot Size

12,500 SqFt

Style

Miscellaneous Commercial

Year Built

1980

Year Renovated

1980

County

WILL

APN

21-14-21-336-014

Schools near 26045 South Oak Road

This home is within Crete Monee Community Unit School District 201u.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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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26045 South Oak Road is a multi-family home for sale in Monee, IL 60449. This property was listed for sale on July 8, 2026 by Landmark Property Management, Inc., it's currently listed at $849,995. It has been on the market for a total of 91 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 07/27/2026 12:06 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.