$837,000

107 S Franklin(3properties) Polo, IL 61064

Estimated payment $5,895/month

Total Views 8,881
-- Bed
-- Bath
10,000 Sq Ft
$84 Price per Sq Ft

Highlights

  • Deck
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Balcony
  • Storage
  • Baseboard Heating

About This Home

Incredible Investment Portfolio Opportunity in Polo, IL – 3 Fully-Leased, Multi-Unit Properties with 11 units! Now is your chance to purchase an exceptional portfolio of three income-producing properties in Polo, all with excellent rental history, strong tenant bases, and major updates already completed. Whether you’re looking to expand your real estate portfolio or enter the multi-family market with confidence, this package delivers instant cash flow and long-term upside. Included Properties: 107 S Franklin Ave– A well-maintained mixed-use commercial building with two thriving storefronts and a gorgeous, fully renovated 2-bedroom apartment above. Stunning woodwork, over 2,000 sq ft of living space, and major updates including HVAC, roof, windows, and tuckpointing. 701 W Oregon St – A quiet 4-unit building on the edge of town with three 1-bedroom units and one 2-bedroom, each with their own garage space. Features beautifully updated tile showers, coin-operated laundry, and peaceful country views. 305 S Prairie Ave – Another solid 4-unit property, offering three 2-bedroom units and one 1-bedroom, also with garage spaces for each. Located close to schools, downtown, and the Polo pool. Includes on-site coin laundry and a consistent rental track record. All units are fully leased with great cash flow from day one. Major mechanicals and cosmetic updates completed and they are all in excellent locations within Polo. Buy individually or as a discounted portfolio package for maximum return and scale. These properties are rarely available in a bundled offering like this – don’t miss your opportunity! Contact me today for financials, rent rolls, or to schedule private tours of each property!

Listing Agent

Rebecca Hazzard

Re/Max of Rock Valley License #471019445 Listed on: 05/23/2025

Re/Max of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,232

Year Built

  • Built in 1985

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Rubber Roof
  • Siding

Interior Spaces

  • 10,000 Sq Ft Home
  • 2-Story Property
  • Storage

Kitchen

  • Range
  • Microwave

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 18 Car Parking Spaces
  • Additional Parking

Outdoor Features

  • Balcony
  • Deck

Schools

  • Polo Elementary And Middle School
  • Polo Comm High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

Overview

  • 11 Units
  • 2-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,232

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Microwave, Refrigerator, Washer
  • Class: MULTIFAMILY
  • General Features: Additional Parking, Balcony, Deck, Laundry in Building, Laundry in Unit, Main Floor Primary, Storage Area
  • Grid: O4
  • Legal Description: Per Title
  • Lvt Date: 05/24/2025
  • Style: 2 Story
  • Type: 5+ Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 11
  • Number Of Units In Bldg: 11
  • Agent Only_ L A1 User Code: 10340
  • Elementary School: Polo
  • Estimated Total Finished Sq Ft: 10000
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Incredible Investment Portfolio Opportunity in Polo, IL – 3 Fully-Leased, Multi-Unit Properties with 11 units! Now is your chance to purchase an exceptional portfolio of three income-producing properties in Polo, all with excellent rental history, strong tenant bases, and major updates already completed. Whether you’re looking to expand your real estate portfolio or enter the multi-family market with confidence, this package delivers instant cash flow and long-term upside. Included Properties: 107 S Franklin Ave– A well-maintained mixed-use commercial building with two thriving storefronts and a gorgeous, fully renovated 2-bedroom apartment above. Stunning woodwork, over 2,000 sq ft of living space, and major updates including HVAC, roof, windows, and tuckpointing. 701 W Oregon St – A quiet 4-unit building on the edge of town with three 1-bedroom units and one 2-bedroom, each with their own garage space. Features beautifully updated tile showers, coin-operated laundry, and peaceful country views. 305 S Prairie Ave – Another solid 4-unit property, offering three 2-bedroom units and one 1-bedroom, also with garage spaces for each. Located close to schools, downtown, and the Polo pool. Includes on-site coin laundry and a consistent rental track record. All units are fully leased with great cash flow from day one. Major mechanicals and cosmetic updates completed and they are all in excellent locations within Polo. Buy individually or as a discounted portfolio package for maximum return and scale. These properties are rarely available in a bundled offering like this – don’t miss your opportunity! Contact me today for financials, rent rolls, or to schedule private tours of each property!
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 10000
  • L O1 Brokerage Number: 478026891
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Slab
  • Price Per Sq Ft: 83.7

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle, Rubber

Garage/Parking

  • Total Numberof Parking Spaces: 18

Utilities

  • Cooling: Central Air, Wall Unit
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Polo 222
  • Elementary School: Polo
  • Middle School: Polo
  • High School: Polo Comm High

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2024
  • Taxes: 17232

MLS Schools

  • HighSchool: Polo Comm High
  • School District: Polo 222
  • Middle School: Polo

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $837,000 -- $84 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202502715

NorthWest Illinois Alliance of REALTORS®