$435,000
$424,500
2.5%For more information regarding the value of a property, please contact us for a free consultation.
1 Acres Lot
SOLD DATE : 03/01/2019
Key Details
Sold Price $435,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10155636
Sold Date 03/01/19
Year Built 1971
Annual Tax Amount $10,803
Tax Year 2017
Lot Size 1.000 Acres
Lot Dimensions C-100 X 72 X C-50X87X36X10
Property Description
PERFECT 12-unit apartment building desirable for students or community! All brick WELL-MAINTAINED building with ample parking. All apartments on ground level...so very quiet, with no one above to make noise. These 1-bedroom apartments are 1 mile to ISU, 2 miles to Heartland, Lincoln, or Illinois Wesleyan Colleges, 4 blocks to the community Aquatic Park, near shopping, tennis courts, in desirable residential neighborhood with mature trees. Very competitively-priced. 100% occupancy...never a problem to rent! Great consistent rent income; coin laundry rooms in building provide additional revenue. New rental rate is $555/month. Owner is always conservative in rental rates, so could easily raise rental amounts. Broker owned.
Location
State IL
County Mc Lean
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
View Y/N true
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Bought with Janice Vidovic
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "