$960,000
$1,050,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
0.94 Acres Lot
SOLD DATE : 04/18/2022
Key Details
Sold Price $960,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11357117
Sold Date 04/18/22
Maintenance Fees $2,340
Year Built 1960
Annual Tax Amount $15,663
Tax Year 2020
Lot Size 0.940 Acres
Lot Dimensions 205X200X200X205
Property Sub-Type Multi Family 5+
Property Description
Great Investment Opportunity in Loves Park. This 16 Unit Complex consists of 4-4 family buildings. All units are Ranch style 2 Bedroom, 1Bath, with patio and private basement with washer and dryer hook ups and plenty of storage. Buildings bring in $10,340 a month with room to increase rents. 2of the roofs were replaced in the last 2 years. The other two are middle of life. 1 block east of Martin Park, gives you quick access to river bike path, park, river access and bus routes. Harlem Schools and Loves Park taxes. Building has some long term tenants, rents easily. Great opportunity to get a number of units in one location.
Location
State IL
County Winnebago
Area Loves Park
Interior
Cooling Window Unit(s)
Fireplace N
Building
Level or Stories 1
Structure Type Wood Frame
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Bought with Amela Ahmetovic • Keller Williams Realty Signature
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "