Bought with Danielle Cline • DC Rise Real Estate
$100,000
$198,000
49.5%For more information regarding the value of a property, please contact us for a free consultation.
5,000 SqFt
SOLD DATE : 01/16/2025
Key Details
Sold Price $100,000
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
Property Description
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!
Location
State IL
County Jo Daviess County
Zoning commercial
Rooms
Basement Full, Unfinished
Interior
Hot Water Electric
Heating Electric
Flooring Laminate, Tile
Exterior
Exterior Feature Brick, Vinyl
Roof Type Metal
Building
Sewer City
Water City
Schools
School District Warren
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