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105-131 S Main

Lacon, IL 61540
  • $649,900
  • STATUS: Active
  • ON SITE: 184 days
  • ID#: PA1221239
UPDATED: 208 min ago
$649,900
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2003
County:
Area:

School Ratings & Info

Description

Excellent Investment Property right in the heart of Lacon! This 14 unit complex, constructed in 2004, offers great rental income and has been well maintained over the years. Tenant pays all electric and owner pays for both garbage and water/sewer. Total monthly expense is just over $600 per month for water/sewer and garbage. Each unit is 2 bed, 1 bath with an open concept design. Appliances are owned and tenants provide their own washer/dryer. No pets are allowed currently. Each tenant has 1 parking spot included in lease. Come take a look today!

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© 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nikki Sailor | RE/MAX River Cities. Data last updated: 2021-06-24T23:44:52.273.
www.nikkisailor.com/homes/112802834
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105-131 S Main Lacon, IL 61540

  • Price: $649,900
  • Status: Active
  • Updated: 208 min ago
  • ID#: PA1221239
0
Beds
0
Baths
0
½ Baths
0.6
Acres
2003
Built
Neighborhood:
Paar Area
County:
Marshall
Area:
Paar Area
Property Description
Excellent Investment Property right in the heart of Lacon! This 14 unit complex, constructed in 2004, offers great rental income and has been well maintained over the years. Tenant pays all electric and owner pays for both garbage and water/sewer. Total monthly expense is just over $600 per month for water/sewer and garbage. Each unit is 2 bed, 1 bath with an open concept design. Appliances are owned and tenants provide their own washer/dryer. No pets are allowed currently. Each tenant has 1 parking spot included in lease. Come take a look today!
Exterior Features

Exterior Finish Vinyl Frontage Access City StreetPaved 2Lane Garages No Irregular Lot 0 Lot Dimensions 201X132 Other Access None Roof Construction Asphalt/Fiberglass Wall Construction Frame

Interior Features

Common Laundry No Cooling Central Air Flooring CarpetedTile/Vinyl Heating ElectricIndividual Units Individual Laundry Yes Insulation RoofSide Walls

Property Features

100 Year Flood Plain No Annual Taxes 17751 Building Description 2 StoryMulti-Tenant Building Name River View Villas Llc Exemptions None For Lease No For Sale Yes Location Downtown Net Operating Income 0 Number Of Buildings 1 Owner Pays TrashWater/Sewer Ownership L.L.C. Property Use Other Property Use Sale Lease Includes Building Sale Rent For Sale Tax Incentive None Tenant Pays Electric Terms Lease Yearly Total Num Units 14 Type Commercial/Cie Type1 Multi-Family Water Supply City AvailableCity On Premises Zoning Residentia

Listing provided courtesy of Adam Merrick of Adam Merrick Real Estate.
© 2021 RMLS Alliance, LLC. All Rights Reserved.


© 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nikki Sailor | RE/MAX River Cities. Data last updated: 2021-06-24T23:44:52.273.
 
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Nikki Sailor | RE/MAX River Cities
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