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    105-131 S Main Street

    Lacon, IL 61540
    • $625,000
    • STATUS: Active
    • ON SITE: 277 days
    • ID#: PA1221239
    UPDATED: 14 min ago
    $625,000
    • 0
      BEDS
    • 0.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2003
    County:
    Area:

    School Ratings & Info

    Description

    Excellent Investment Property right in the heart of Lacon! This 14 unit complex, constructed in 2004, offers great rental income and has been well maintained over the years. Tenant pays all electric and owner pays for both garbage and water/sewer. Total monthly expense is just over $600 per month for water/sewer and garbage. Each unit is 2 bed, 1 bath with an open concept design. Appliances are owned and tenants provide their own washer/dryer. No pets are allowed currently. Each tenant has 1 parking spot included in lease. Come take a look today!

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    © 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2021-09-26T13:44:53.387.
    www.brysonsmithteam.com/homes/112802834
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    105-131 S Main Street Lacon, IL 61540

    • Price: $625,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: PA1221239
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.6
    Acres
    2003
    Built
    Neighborhood:
    Paar Area
    County:
    Marshall
    Area:
    Paar Area
    Property Description
    Excellent Investment Property right in the heart of Lacon! This 14 unit complex, constructed in 2004, offers great rental income and has been well maintained over the years. Tenant pays all electric and owner pays for both garbage and water/sewer. Total monthly expense is just over $600 per month for water/sewer and garbage. Each unit is 2 bed, 1 bath with an open concept design. Appliances are owned and tenants provide their own washer/dryer. No pets are allowed currently. Each tenant has 1 parking spot included in lease. Come take a look today!
    Exterior Features

    Exterior Finish Vinyl Frontage Access City StreetPaved 2Lane Garages No Irregular Lot 0 Lot Dimensions 201X132 Other Access None Roof Construction Asphalt/Fiberglass Wall Construction Frame

    Interior Features

    Common Laundry No Cooling Central Air Flooring CarpetedTile/Vinyl Heating ElectricIndividual Units Individual Laundry Yes Insulation RoofSide Walls

    Property Features

    100 Year Flood Plain No Annual Taxes 17751 Building Description 2 StoryMulti-Tenant Building Name River View Villas Llc Exemptions None For Lease No For Sale Yes Location Downtown Net Operating Income 0 Number Of Buildings 1 Owner Pays TrashWater/Sewer Ownership L.L.C. Possible Financing CashConventional Property Use Other Property Use Sale Lease Includes Building Sale Rent For Sale Sewer Source Public Sewer Tax Incentive None Tenant Pays Electric Terms Lease Yearly Total Num Units 14 Type Commercial/Cie Type1 Multi-Family Water Supply City AvailableCity On Premises Zoning Residentia

    Listing provided courtesy of Adam Merrick of Adam Merrick Real Estate.
    © 2021 RMLS Alliance, LLC. All Rights Reserved.


    © 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2021-09-26T13:44:53.387.
     
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