Contact us: 563.441.1776
Description
Welcome to 383 Lynn Drive in Manteno, Illinois! This all-brick and vinyl four-unit apartment building is part of an excellent investment opportunity, being offered for sale together with the neighboring four-unit property at 391 Lynn Drive. Both properties must be purchased together as one package, totaling eight residential units. The building features four apartments, each offering two bedrooms, one bathroom, a living room, and an eat-in kitchen. Each apartment includes its own garage, with additional off-street parking available in the rear. The building offers two apartments on the first floor and two on the second floor and shared commercial coin-operated laundry facilities. Numerous updates have been completed, including a newer roof/gutters in 2022, vinyl windows, fresh paint, LVP flooring, select appliances, and updated interior, entrance, and exterior light fixtures. Additional land is available at the rear of the property, offering potential for future rental development, subject to city approval, zoning, and applicable permitting requirements. Located in the welcoming community of Manteno, this property offers an opportunity to acquire four rental units as part of a larger eight-unit investment package.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 4
County: Kankakee
High School: Manteno High School
Listed By:
Sancken Sole Realty
815-844-4104
MRED MLS
MLS ID: 12804478
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383 Lynn Drive , Manteno, IL 60950.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $475,000 | $475,000 | $475,000 |
| Down Payment | $95,000 | $16,625 | $118,750 |
| Monthly Mortgage Amount | $2,465 | $3,064 | $3,055 |
| Taxes | $661 | $661 | $661 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $209 | $0 |
| Monthly Estimated Total | $3,265 | $4,073 | $3,855 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/15/2026. The listing information on this page last changed on 11/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 11/15/2026 12:03:21 AM EST) or MRED MLS (last updated Sat 11/14/2026 11:54:59 PM EST) or SCWMLS (last updated Sat 11/14/2026 11:55:44 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 11/14/2026 10:15:31 PM EST) or Cedar Rapids MLS (last updated Sat 11/14/2026 10:45:14 PM EST) or NEIRBR MLS (last updated Sat 11/14/2026 11:58:40 PM EST) or ICAAR MLS (last updated Sat 11/14/2026 11:37:33 PM EST) or ECIMLS (last updated Sat 11/14/2026 8:33:19 AM EST) or RMLSA (last updated Sun 11/15/2026 12:00:57 AM EST) or Muscatine MLS (last updated Sun 11/15/2026 12:00:08 AM EST) or No Coast MLS (last updated Sat 11/14/2026 11:54:19 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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