Attention investors: This 2-flat property is a textbook fixer-upper being sold strictly AS-IS and needs a significant amount of work. Bring your tools, budget, and construction crew to unlock the full potential of this 1,952 sq. ft. asset. The major draw is the immediate ROI - Monthly Income: $1,425. Currently occupied by long-term mo-to-mo tenants who may be willing to stay. Each unit is 2 BR/1 BA and is highly desirable due to the inclusion of a full appliance package, including an in-unit washer and dryer. 1st Floor ($725/mo): Provides current stability with a newer furnace, new appliances, new water heater, and updated flooring. 2nd Floor ($700/mo): Needs considerable attention and features electric heat. The exterior includes vinyl siding and a large shared backyard. Also incls 976 sq. ft. unfinished basement Tenants are responsible for all utilities except garbage. This is a solid path to substantial equity for the motivated investor prepared for a full-scale renovation.
Listed By
Agency Name: Berkshire Hathaway HomeServices Starck Real Estate
Agency Phone: 815-459-5900
Shown By
Agent Name: Linda Dunn
Agent Phone: (815) 397-4040
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Estimated Payment
$ 775.52 per month $422.64 Principal & Interest $297.50 Property Tax $55.39 Homeowner's Insurance
11220 Us Route 20 Highway | MLS# 12384017
This multi-family property located at 11220 Us Route 20 Highway , Garden Prairie, IL 61038 is currently listed for sale with an asking price of $189,900. Us Route 20 Highway is located within the District 100 school district. Search Garden Prairie real estate on lindadunn.bhhscrosby.com today.