Lynn Randazzo
Berkshire Hathaway HomeServices Speckman Realty
(815) 524-0198
115 Total Sales
32 in Bourbonnais
$73K - $440K Price Range
261 Mohawk Dr Bourbonnais, IL 60914
Bourbonnais Area
2
Beds
2
Baths
--
Sq Ft
1985
Built
About This Home
As of March 2026Excellent investment opportunity with this fully electric 4-unit multifamily building, featuring spacious 2-bedroom, 1.5-bath units in a desirable and high-demand rental area. Tenants pay all there own utilities which is a great addition to this deal. The building has well below market rent so you would have the ability to increase rents to market rents immediately. NEW Parking lot was done in 2024 with 8 total parking spots. Building sits on a big parcel in which you have the ability to development an additional 4 units.
Last Agent to Sell the Property
Horvath & Tremblay IL, LLC License #475207055 Listed on: 10/06/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,112
Year Built
- Built in 1985 | Remodeled in 1992
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Bathrooms
Parking
- 8 Parking Spaces
- Parking Available
Utilities
- Heating Available
- Private Water Source
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $2,750
- Maintenance Expense $2,500
- Trash Expense $1,200
- Net Operating Income $31,592
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bourbonnais, IL
-
Lynn Randazzo
-
Israel Hernandez
Israel Hernandez
Epique Realty Inc
(219) 351-6354
94 Total Sales
2 in Bourbonnais
$205K - $295K Price Range
-
Dawn Olson
Dawn Olson
McColly Real Estate
(815) 620-5017
165 Total Sales
39 in Bourbonnais
$49K - $480K Price Range
-
Monica Pizano
Monica Pizano
RE/MAX Prestige Homes
(815) 524-0237
188 Total Sales
9 in Bourbonnais
$40K - $335K Price Range
-
Gina LaMore
Gina LaMore
LaMore Realty
(779) 252-7513
200 Total Sales
30 in Bourbonnais
$110K - $635K Price Range
-
Berry McCracken
Berry McCracken
Coldwell Banker Realty
(815) 907-1857
217 Total Sales
29 in Bourbonnais
$135K - $425K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | Sold | $425,000 | -10.5% | -- |
| 02/24/2026 02/24/26 | Pending | -- | -- | -- |
| 02/04/2026 02/04/26 | For Sale | $475,000 | +11.8% | -- |
| 02/02/2026 02/02/26 | Off Market | $425,000 | -- | -- |
| 01/26/2026 01/26/26 | For Sale | $475,000 | 0.0% | -- |
| 01/06/2026 01/06/26 | Pending | -- | -- | -- |
| 12/17/2025 12/17/25 | Price Changed | $475,000 | -9.5% | -- |
| 11/18/2025 11/18/25 | For Sale | $525,000 | 0.0% | -- |
| 10/17/2025 10/17/25 | Pending | -- | -- | -- |
| 10/06/2025 10/06/25 | For Sale | $525,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Agents Affiliated with this Home
-
Thomas Shanley
Seller's Agent in 2026
Thomas Shanley
Horvath & Tremblay IL, LLC
(724) 650-6085
5 Total Sales
-
Maggie Rees
Buyer's Agent in 2026
Maggie Rees
Coldwell Banker Realty
(708) 417-6451
39 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12488812
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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