501-504 N Washington Ave

$630,000
Last Sold Price
56
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity with these 4 multi-family buildings (4 units each, with a total of 16 rental units). Priced to sell. Motivated seller. Each unit features 2 bedrooms and 1.5 baths. Laundry hook-up in each individual unit. New roofs on all 4 buildings within the last 6 months. First 4 buildings on the corner of North Street and Washington. No signage on property.Great investment opportunity with these 4 multi-family buildings (4 units each, with a total of 16 rental units). Priced to sell. Motivated seller. Each unit features 2 bedrooms and 1.5 baths. Laundry hook-up in each individual unit. New roofs on all 4 buildings within the last 6 months. First 4 buildings on the corner of North Street and Washington. No signage on property.

Property Details for 501-504 North Washington Avenue

Area
Bradley
Township
Bourbonnais
Zoning
MULTI
LISTING UPDATED: 11/25/2024 04:11 PM

Property Details for 501-504 North Washington Avenue

StatusClosed
MLS #10610583
Days on Market10
Taxes$24,031 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1981
Lot Size-
CountyKankakee County
Add your commute

Building Information for 501-504 North Washington Avenue

Stories2Residences16Year Built1981Building Size-Lot Size-

Payment Calculator

$5,116 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,113

Property Taxes

$2,003

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 501-504 North Washington Avenue

General Information
Location and General Information
  • Information: 48-Hr Notice Required,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • # Of Washers: 0
  • Basement Description: Crawl
  • Heat/Ventilation: Electric
  • # Of Refrigerators: 16
  • # Of Dryers: 0
  • # Of Dishwashers: 0
  • Num of Baths: 28.28
Property/Lot Information
  • Tenant Pays: Electricity, Water, Hot Water
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Other
  • Lot Dimensions: 210X209X230X35X20X205
  • Stories: 2
  • # Of Ranges: 16
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2020-01-16T19:23:18
  • Photos Count: 5
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: 16
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $11,215.00
  • Gross Scheduled Income: $134,580.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 11215
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $610.00
  • Trash Expense: $125.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 3
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 4
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 5
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 6
Unit 7
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 7

Property History for 501-504 North Washington Avenue

DateEvent & SourcePriceAppreciation
Dec 2, 2025

Cancelled

MRED #12513284

$1,800,000
Nov 18, 2025

Contingent

MRED #12513284

Nov 10, 2025

Listed (Active)

MRED #12513284

$1,800,000
Mar 27, 2020

Sold (Public Record)

Public Record #1370206810

$630,000
Mar 16, 2020

Sold

MRED #10610583

$630,000
Jan 23, 2020

Pending

MRED #10610583

Jan 14, 2020

Listed (Active)

MRED #10610583

$790,000
DateEvent & SourcePrice
12/02/2025

Cancelled

MRED #12513284

$1,800,000
11/18/2025

Contingent

MRED #12513284

11/10/2025

Listed (Active)

MRED #12513284

$1,800,000
03/27/2020

Sold (Public Record)

Public Record #1370206810

$630,000
03/16/2020

Sold

MRED #10610583

$630,000
01/23/2020

Pending

MRED #10610583

01/14/2020

Listed (Active)

MRED #10610583

$790,000

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

Schools near 501-504 North Washington Avenue

This home is within Bourbonnais School District 53.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Shabbona Elementary School
PublicK to 3

Liberty Intermediate School
Public4 to 6

Bourbonnais Upper Grade Center
Public7 to 8

Bradley-Bourbonnais Community High School
Public9 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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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 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 Coldwell Banker Realty

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 11/25/2024 04:11 PM. 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.