Estimated payment $1,087/month
Highlights
- Wainscoting
- Patio
- 1-Story Property
- Window Unit Cooling System
- Forced Air Heating System
About This Home
Investor Special – Multifamily Opportunity
Five-unit single-story brick apartment building featuring three 2-bedroom units and two 1-bedroom units. Tenants pay their own utilities. Full sized refrigerators and ranges remain but are not warranted.
Some units have updated flooring, however the property overall requires repairs and maintenance and is being sold as-is. Downtown location with strong rental demand.
Estimated gross potential income of $31,000. This is a project for an investor looking to improve and stabilize a small multifamily property.
One unit is currently empty while undergoing some updates (bathroom sink & water heater install). This unit is not pictured in photos and will be rented once repairs are completed.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,492
Year Built
- Built in 1900
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,948 Sq Ft Home
- 1-Story Property
- Wainscoting
- Range
- Laundry on main level
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Propane
- Gas Water Heater
Additional Features
- Patio
- 17,663 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 03-11-19-16-402-047
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2026 03/06/26 | For Sale | $150,000 | -- | $38 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | Attorney | |
| Warranty Deed | $55,000 | Attorney | |
| Deed | $29,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $52,250 | Future Advance Clause Open End Mortgage |
Source: Central Illinois Board of REALTORS®
MLS Number: 6257424
APN: 03-11-19-16-402-047
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- 0 Highway 40 W
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Ask me questions while you tour the home.