Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 150 Meadows Road N in Bourbonnais, Illinois (the “Property”). 150 Meadows Road N is improved by a two-story brick building with eight (8) residential units comprised of one (1), 1-Bedroom/1-Bathroom unit and seven (7), 2-Bedroom/1-Bathroom units with 6,300 square feet of living area in 7,500 total square feet on a 0.51 acre parcel of land. The Property is separately metered for electricity, heat (electric) and hot water (electric), which the tenants pay directly. The landlord is responsible for common area electric and domestic water and sewer. The Property offers an on-site laundry facility, ample green space and sixteen (16) on-site parking spaces.
The Property is well-located in a quiet residential neighborhood, seconds from N Convent Street (US Route 52), the area’s primary commercial and commuter corridor. The Property is within walking distance from the municipal bus line and is close to major area roadways including US Route 52, IL-102, IL-50, and Interstate 57. 150 Meadows Road N offers convenient access to national and local retailers and restaurants, area schools, Olivet Nazarene University, the Kankakee Amtrak Station and two hospitals. Bourbonnais is centrally located in Kankakee County and is roughly 50 miles south of Chicago.