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.
Details
MLS #
12698859
Listing Type
For Sale
Style
Multi Family 5+
Sub-Type
Resale
Status
Active
Year
1980
Days On Site
121
Listing Provided By
Landmark Property Management, Inc. | Jason Marcordes
Features
SQ Feet
6,984
Story(s)
2
Units
6
Zoning
MULTI
Acreage
0.29
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick, Wood
Utilities
Utilities
Sewer Connected, Cable Available
Electric
Circuit Breakers
Taxes
Tax Year
2024
Tax Annual Amount
9164.58
Area Information
State
IL
County
Will
City
Monee
Zip Code
60449
Area
Monee | Unicorporated Monee
Listing VS Median (in 60449)
Price: $849,995
low | high
Med: $366,000
100% of Average
sqft: 6,984
low | high
Med: 2,148
100% of Average
$ / sqft: $122
low | high
Med: $174
7.215685201002% of Average
On site: 121
low | high
Med: 106
100% of Average
Sourced by Back At You
Market Activity 60449
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 2
Avg $ Per SqFt: $228.93
Min Sale Price: $69,900
Max Sale Price: $690,000
Med Sale Price: $379,950
Date: Aug 2026
Sales: 6
Avg $ Per SqFt: $164.88
Min Sale Price: $255,000
Max Sale Price: $950,000
Med Sale Price: $444,500
Date: Jul 2026
Sales: 15
Avg $ Per SqFt: $159.97
Min Sale Price: $30,000
Max Sale Price: $680,000
Med Sale Price: $302,000
Date: Jun 2026
Sales: 11
Avg $ Per SqFt: $181.53
Min Sale Price: $55,000
Max Sale Price: $1,070,000
Med Sale Price: $337,000
Date: May 2026
Sales: 13
Avg $ Per SqFt: $182.88
Min Sale Price: $49,900
Max Sale Price: $495,900
Med Sale Price: $259,995
Date: Apr 2026
Sales: 10
Avg $ Per SqFt: $164.91
Min Sale Price: $75,000
Max Sale Price: $850,000
Med Sale Price: $252,500
Date: Mar 2026
Sales: 13
Avg $ Per SqFt: $196.51
Min Sale Price: $54,900
Max Sale Price: $850,000
Med Sale Price: $180,000
Date: Feb 2026
Sales: 6
Avg $ Per SqFt: $150.85
Min Sale Price: $252,400
Max Sale Price: $670,000
Med Sale Price: $316,000
Date: Jan 2026
Sales: 5
Avg $ Per SqFt: $138.51
Min Sale Price: $244,000
Max Sale Price: $406,000
Med Sale Price: $307,000
Date: Dec 2025
Sales: 6
Avg $ Per SqFt: $180.91
Min Sale Price: $32,500
Max Sale Price: $670,000
Med Sale Price: $161,000
Date: Nov 2025
Sales: 5
Avg $ Per SqFt: $167.61
Min Sale Price: $65,772
Max Sale Price: $352,500
Med Sale Price: $303,000
Sourced by Back At You
Sep 2026
Sales:
2
Avg $ Per SqFt:
$228.93
Min Sale Price:
$69,900
Max Sale Price:
$690,000
Med Sale Price:
$379,950
Aug 2026
Sales:
6
Avg $ Per SqFt:
$164.88
Min Sale Price:
$255,000
Max Sale Price:
$950,000
Med Sale Price:
$444,500
Jul 2026
Sales:
15
Avg $ Per SqFt:
$159.97
Min Sale Price:
$30,000
Max Sale Price:
$680,000
Med Sale Price:
$302,000
Jun 2026
Sales:
11
Avg $ Per SqFt:
$181.53
Min Sale Price:
$55,000
Max Sale Price:
$1,070,000
Med Sale Price:
$337,000
May 2026
Sales:
13
Avg $ Per SqFt:
$182.88
Min Sale Price:
$49,900
Max Sale Price:
$495,900
Med Sale Price:
$259,995
Apr 2026
Sales:
10
Avg $ Per SqFt:
$164.91
Min Sale Price:
$75,000
Max Sale Price:
$850,000
Med Sale Price:
$252,500
Mar 2026
Sales:
13
Avg $ Per SqFt:
$196.51
Min Sale Price:
$54,900
Max Sale Price:
$850,000
Med Sale Price:
$180,000
Feb 2026
Sales:
6
Avg $ Per SqFt:
$150.85
Min Sale Price:
$252,400
Max Sale Price:
$670,000
Med Sale Price:
$316,000
Jan 2026
Sales:
5
Avg $ Per SqFt:
$138.51
Min Sale Price:
$244,000
Max Sale Price:
$406,000
Med Sale Price:
$307,000
Dec 2025
Sales:
6
Avg $ Per SqFt:
$180.91
Min Sale Price:
$32,500
Max Sale Price:
$670,000
Med Sale Price:
$161,000
Nov 2025
Sales:
5
Avg $ Per SqFt:
$167.61
Min Sale Price:
$65,772
Max Sale Price:
$352,500
Med Sale Price:
$303,000
MLS Number: 12698859
Jason Marcordes – (312) 313-8553 – jason@landmarkrgc.com
Landmark Property Management, Inc. – (312) 313-8553 – jason@landmarkrgc.com
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MLS Number: 12698859
Jason Marcordes – (312) 313-8553 – jason@landmarkrgc.com
Landmark Property Management, Inc. – (312) 313-8553 – jason@landmarkrgc.com