BEDS0
BATHS
MLS#12673136
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
Investment Opportunity - Well-Maintained 5-Unit Brick Apartment Building! Excellent income-producing opportunity with a strong long-term rental history. This solid brick 5-unit apartment building features three spacious 2-bedroom units and two 1-bedroom units, providing a desirable unit mix for tenants. All apartments are currently rented. The property includes 6 garage spaces, with each tenant having access to a garage, plus an additional garage and storage area that can be utilized by the owner or rented for additional income. Tenants enjoy a large shared courtyard, on-site coin-operated laundry, and ample outdoor space on this 1.5 acre property. Utilities are tenant-friendly, with electricity paid by tenants, while the owner covers water, sewer, and garbage expenses. The roof was replaced approximately 10 years ago, adding to the property's overall appeal and value. Whether you're expanding your investment portfolio or seeking a stable, income-generating property, this well-maintained apartment building offers consistent rental demand and excellent upside potential.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 1.50 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $8,134
Feature Descriptions
Current Use: Multi-Family
Drains: Courtyard, Storms and Screens (as exist)
Electric: Circuit Breakers
Exterior: Brick
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Electric, Baseboard
Lot Dimensions: 230x301x230x301
Miscellaneous Indoor: Storage Inside, Laundry Room
Miscellaneous Outdoor: Courtyard, Storms and Screens (as exist)
Parcel#: 14151010050000
Parking: 6-12 Spaces
Potential Use: Multi-Family
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 5
Utilities: Sewer Connected
Listed By / Shown By
Listed By
Agency Name: Heartland Realty 11 LLC
Agency Phone: 815-288-4648
Shown By
Agent Name: Lyle McKinney
Agent Phone: (815) 543-2008
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 2,413.23 per month $1,630.69 Principal & Interest $677.83 Property Tax $104.71 Homeowner's InsuranceChange Payment Information
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707 E Dixon Street | MLS# 12673136
This multi-family property located at 707 E Dixon Street , Polo, IL 61064 is currently listed for sale with an asking price of $359,000. Search Polo real estate on lmckinney.gogambino.com today.