A great investment opportunity to own 2 4 unit buildings for a total of 8 units. There is also a maintenance and coin operated laundry building. On 2 acres North of town. 1 well, with softener system, 4 septics, 2 units on each. Tenants pay their own electric, gas, phone. Owner pays gas/electric for laundry, and atrium lighting, garbage, etc. All units are 2 bedrooms, 2 full baths. Units approx. 1,000 each. Each unit has its own water heater, furnace and air. One tenant that pays $675 mows the lawn. 1 @ $675, 1 @ $700,2 @ $750,1 @ $775, 3 @ $800.All units have fridge, stove, and microwave, some have dishwashers. Bedrooms are carpet, rest hard surface flooring. 4 Washers and 6 dryers in laundry facilities all coin operated bringing in $350-$500 per month.
Multi-familyProperty Type
1994Year Built
2 acresLot Size
$53Price/Sq.Ft.
24 spacesParking
Listed by Joseph Frieders• Swanson Real Estate
Bought with Chris Czarnowski• Earned Run Real Estate Group
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
LaSalle County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 11, 2023.
A-1
Agriculture District
The A-1 Agriculture District is designed to encourage farming practices and related agricultural uses on those lands which are uniquely situated for farming uses due to type of soils, location and/or topography.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Housing-Single unit
Property details
Parking
Parking Information
# of Parking Spaces: 24
19-30 Outdoor Parking Spaces
Interior
Equipment
# of Refrigerators: 8
# of Ranges: 8
# of Washers: 4
# of Dryers: 6
Heating & Cooling
Forced Air Heating, Gas Heating
Central Air Conditioning
Multi-Family Information
# of Units: 8
Tenant Pays Air Conditioning, Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Other Expenses
Unit 1 Information
# of Units of Type: 8
# of Rooms: 4
# of Beds: 2
# of Baths: 2
Monthly Income: $675
Maximum Monthly Income: $800
Exterior
Building Information
Age: 16-25 Years
Vinyl Siding
Wood Frame Construction
Concrete Foundation
Shingle Composition Roof, Metal Roof
Pitched Roof
Lot Information
Dimensions: 186X467
County Road Access
Zoning: MULTI
Property Information
Conversion (Y/N): N
Deconversion (Y/N): N
Ownership Type: Land Trust
Current Use: Residential (Multi-Family)
Parcel Identification Number: 1525415000
Financial
Financial Information
Tax: $8,793.84
Tax Year: 2018
Total Monthly Income: $6,525
Total Annual Income: $78,300
Gross Rental Income: $78,300
Gross Rent Multiplier: 6.37
Net Operating Income: $72,200
Net Operating Income Year: 2018
Finance Code: Conventional
Utilities
Utility Information
Circuit Breakers
Location
Location Information
Township: Rutland
Unincorporated
Directions: E24th Rd North of Marseilles
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: LaSalle County
APN: —
Home facts updated by county records on Apr 11, 2023
Other
Expense Information
Total Annual: $6,100
Total Annual Year: 2018
Electricity: $800
Listing Information
Seller Concessions: No
Around this home
Schools
Milton Pope Elementary School
Public K-8 • Assigned • 3.8mi
5/10
Ottawa Township High School
Public 9-12 • Assigned • 7.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Marseilles, IL • 61341
Average low and high temperatures (°F)
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69
47
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22
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Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.6 hours in December, placing it below the
U.S. average for solar exposure.