5,000 SqFt
6,098 Lot Size
- Year Built

Prime Investment Opportunity! Discover this excellent investment property with a strong return. The building features three fully-occupied, two-bedroom apartments, providing consistent rental income. Additionally, the U.S. Postal Service leases part of the building, further enhancing its income potential. With stable tenants and a highly desirable cap rate of 13%, this property is an incredible opportunity for investors looking to add a high-performing asset to their portfolio. Don't miss out on this great opportunity to maximize your returns!

Listed by Danielle Cline of DC Rise Real Estate , Sold By Danielle Cline of DC Rise Real Estate

GALLERY

110 W Railroad Street 110 & 112 Railroad, Apple River, IL 61001

PROPERTY DETAIL

Key Details

Sold Price $100,00049.5%
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5, 000 sqft
Price per Sqft $20
Subdivision Il
MLS Listing ID 202405288
Sold Date 01/16/25
Annual Tax Amount $2,733
Tax Year 2023
Lot Size 6,098 Sqft
Property Sub-Type Mixed Use
Location

State IL
County Jo Daviess County
Zoning commercial
Rooms

Basement Full, Unfinished
Building

Sewer City
Water City