$249,900 Price Analysis    ♡   Loda, IL 60948 10 bed 4 bath 1,904 SqFt ($131/SqFt) 0.29 acre lot. Built 1981 Listed 2024-05-22 | ✓ USDA Eligible near Loda, IL |
Discover an exceptional investment opportunity with this versatile 4-unit residential building
Conveniently located close to Route 45 in Loda. This property features two roomy 3-bedroom, 1-bathroom units and two comfortable 2-bedroom, 1-bathroom units. Recent updates include new paint and flooring throughout three of the units, providing a modern and inviting atmosphere for tenants. Each unit offers well-appointed living spaces with ample natural light and functional layouts.
The common areas are designed for convenience, featuring a coin-operated washer and dryer and shared storage space in back, adding valuable utility for tenants. The exterior of the property is well-maintained, with a recently replaced roof ensuring long-term durability and reduced maintenance costs. One tenant acts as a live-in property manager, handling mowing, snow removal and some minor repairs. Don't miss this chance to add a high-quality, income-generating property to your portfolio. Schedule a viewing today to see the potential fo r yourself!
Presented by Joe Reinhart at
Kief Realty.
Property MLS #12060456 from MRED
Bedrooms Possible: 10
Basement Features: Partial
Basement Description: Cellar
Full Bathrooms: 4
Lot Size Dimensions: 80 X 160
Lot Size Square Feet: 12632
Parking Total: 6
Calculated Total Monthly Association Fees: 0
Elementary School District: 10
High School: Pbl High School
High School District: 10
Map directions Map directions Map directionsBedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Total Rooms in Unit-4: 4
Unit-1 Description: Unit 1
Unit-2 Description: Unit 2
Unit-3 Description: Unit 3
Unit-4 Description: Unit 4
Unit-2 Square Feet: 864
Unit-3 Square Feet: 468
Unit-4 Square Feet: 572
Unit 1 Total Actual Rent: 650
Unit 2 Total Actual Rent: 750
Unit 3 Total Actual Rent: 850
Unit 4 Total Actual Rent: 600
Source Listing Status: Active
County: Iroquois
Directions: RT 45 to Loda, cross northernmost RR tracks and turn left onto Chestnut
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 36213800080000
Township: Loda
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C
$249,900
MRED
Property Age: 43
Roof: Asphalt
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.