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Listed by LeAnne McKee • Western Illinois Realty LLC
$134,900
Est. payment /mo
6,336 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,336 sqft
Price per Sqft $21
MLS Listing ID CA1041615
Year Built 1990
Annual Tax Amount $2,814
Tax Year 2024
Lot Dimensions 120 x 174
Property Sub-Type Commercial
Source rmlsa
Property Description
Great Investment Opportunity with 8 apartments, 4 finished apartments are typically occupied all the time. Property consists of 2-2 story buildings each with 4 apartments. 1 building has been fully renovated with 2-2 bdrm apts and 2-1 bdrm apts and coin-op laundry. Second building has not yet been finished but when completed will be the same beds and baths as building 1 also with laundry room. Priced at only $134,900 there is tremendous amount of opportunity for the right investor. Tenants pays their own electric. Owner pays water, sewer and trash. Rents range from $460-$550 so plenty of room for growth if needed. Major update, in addition to apartment and building renovations, is Both Shingled Roofs have been Replaced within last 5 years! Seller also has 12 unit for sale in Cuba IL and would be happy to work with a buyer that might want to bundle them up.
Location
State IL
County Mcdonough
Area Paar Area
Zoning 0050
Direction W Spruce Street to 206
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplace N
Exterior
View true
Roof Type Composition Shingle
Garage 1
Building
Faces W Spruce Street to 206
Sewer Public Sewer
Structure Type Vinyl Siding,Frame
Others
Tax ID 12-000-411-00
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