Estimated payment $1,878/month
About This Home
Limited only by your imagination - this Multi Use building has 5 fully rented apartments plus large commercial space on the main level - too many updates to list, including commercial grade electrical throughout the whole building, also 6 newer hot water heaters. Many updates including most kitchens & bathrooms. The majority of them is residential flooring, lighting, deck, and outside staircase. On the main level there are 2 large bathrooms, one men/one women perfect for commerical use. Also an extra kitchen & reception area with cash register. There are 2 separate basements; Unit # 4 is a 3 bedroom, one bath with an outside exit and newer deck. Units #1,& #2 are one bedrooms 1 bath; unit #3 #5 are 2 bedrooms 1 bath. Whole building has a lot of closets and lots of egress throughout - tenants responsible for electric on 4 units and 1 apartment is metered with commercial space - this has GREAT rental history-- Cap rate of 16% without any income from main level. This is a must see. Call listing broker for more information.
Listing Agent
Starved Rock Realty Brokerage Email: starvedrockrealty@comcast.net Listed on: 11/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,582
Year Built
- Built in 1896
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 125.88x35x60.03x25.01x29.26x41.28.42.42
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
- Rubber Roof
Interior Spaces
- 2-Story Property
- Exterior Basement Entry
Utilities
- Window Unit Cooling System
- Baseboard Heating
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $2,423
- Insurance Expense $3,334
- Maintenance Expense $500
- Trash Expense $1,581
- Water Sewer Expense $559
- Operating Expense $8,397
- Gross Income $56,280
- Net Operating Income $47,883
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,582 | $45,930 | $7,116 | $38,814 |
| 2023 | $3,635 | $45,930 | $7,116 | $38,814 |
| 2022 | $3,450 | $43,330 | $6,713 | $36,617 |
| 2021 | $3,492 | $43,330 | $6,713 | $36,617 |
| 2020 | $3,463 | $43,330 | $6,713 | $36,617 |
| 2019 | $3,467 | $43,330 | $6,713 | $36,617 |
| 2018 | $3,466 | $43,330 | $6,713 | $36,617 |
| 2017 | $3,435 | $43,330 | $6,713 | $36,617 |
| 2016 | $3,456 | $43,330 | $6,713 | $36,617 |
| 2015 | $3,207 | $43,330 | $6,713 | $36,617 |
| 2012 | -- | $43,330 | $6,713 | $36,617 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2025 11/24/25 | For Sale | $299,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $134,000 | None Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12521562
APN: 17-17-436003
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