Bought with Jennifer Rybicki • Re/Max of Rock Valley
$65,000
$82,500
21.2%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3,400 SqFt
SOLD DATE : 08/18/2025
Key Details
Sold Price $65,000
Property Type Multi-Family
Sub Type 2 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $19
Subdivision Il
MLS Listing ID 202503354
Sold Date 08/18/25
Style 2 Story
Bedrooms 3
Annual Tax Amount $2,392
Tax Year 2025
Property Sub-Type 2 Units
Property Description
Don't miss this unique chance to own a fully leased, income-generating property in the heart of Chana. Anchored by a long-term tenant—the U.S. Postal Service—this versatile building also features a spacious 3-bedroom apartment upstairs and a massive 1,500 sq ft garage space below. The apartment offers generous living space and rental income potential, while the garage provides flexibility—use it for personal storage or convert it into additional revenue as storage rentals. Updates include: new roof , gutters and north side of building siding in 2024. With tenants covering their own utilities and stable cash flow in place, this is a smart investment for both seasoned and first-time investors. Whether you're looking to expand your portfolio or start strong with a dependable asset, this property delivers on location, functionality, and income potential. Schedule your showing today!
Location
State IL
County Ogle County
Area O5
Rooms
Basement Partial
Interior
Hot Water Gas
Heating Propane
Cooling None
Exterior
Exterior Feature Siding
Garage Spaces 3.0
Roof Type Shingle
Building
Sewer Septic
Water Shared
Schools
Elementary Schools Oregon Elementary
Middle Schools Oregon
High Schools Oregon High
School District Oregon 220
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