Well-Maintained, Brick 5-Unit Building!

$ 359,000.00

  Details

ID : 764
707 E Dixon St, Polo, 61064, Illinois
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Location: 707 E Dixon St, Polo, 61064, Illinois
Type: for sale
Featured: Yes
Rate: (0/5)
Open for Inspection Times
No inspections are currently scheduled

Base Information

Bed: 8

Building Information

House Style: 1 Story
Exterior Finish: Brick
Roof: Shingles
Number of Floors: 1

Basement & Foundation

Basement & Foundation: None

Land Information

Lot Dimensions: 230x301
Frontpage: 230
Depth: 301
Total acres: 1.5 Acres
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.
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