DESCRIPTION

Five unit building (13 bedrooms) a block from campus with some of the most competitive rents around. All units fully rented. The 3 & 4 bedroom units have been recently remodeled with new kitchens, bathrooms and some new flooring and these 2 units can be rented together as one large unit. Exterior recently painted. The units have 4, 3, 2, 2 and 2 bedrooms. Each unit has one bathroom. Laundry room on site. 10 parking spaces.

KEY DETAILS
  • Price:
  • $259,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 0.20
  • Year Built:
  • 1962
  • MLS #:
  • MRD10920572
  • Street Address:
  • 106 W Locust St
  • City:
  • Normal
  • State:
  • IL
  • Postal Code:
  • 61761
  • County:
  • Mc Lean
  • Area:
  • Normal
  • Listing Status:
  • For Sale - Active

Building

  • Basement Description:
  • Finished
  • Exterior Description:
  • Vinyl Siding
  • Number Of Units:
  • 5
  • Stories:
  • 2
  • Year Built:
  • 1962

Business

  • Annual Electric Expenses:
  • 580
  • Annual Insurance Expenses:
  • 2900
  • Annual Maintenance Expenses:
  • 2900
  • Annual Trash Expenses:
  • 875
  • Annual Water/Sewer Expenses:
  • 790
  • Gross Income:
  • 50000
  • Net Operating Income:
  • 18000
  • Operating Expense:
  • 32000

Land

  • Conforms To Zoning:
  • Multi
  • Lot Square Footage:
  • 8712

Listing

  • Days On Market:
  • 40
  • Originating Mls:
  • Mred

Money

  • Hoa Fee Includes:
  • Heat, Water, Electricity, Gas, Parking, Exterior Maintenance, Lawn Care, Snow Removal
  • Property Taxes:
  • $8,464
  • Tax Year:
  • 2019
  • Tenant Pays:
  • Electricity

Structures

  • Parking Spaces:
  • 10

Systems

  • Cooling System:
  • Window Unit(s)

Source

  • Listing Provided By RE/MAX Rising

    ILMRED
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NOTES

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