109 5th Avenue, Sherrard, IL 61281

Back to Website: 1095thAvenue.IsForSale.com

Status:Sold
MLS #:QC4240574
Beds:5
Baths:4 Baths (4 F)
Type:Multi-Family
Size:5,236 ft²
Lot Size:12,610 ft²

Remarks

Don't miss this rare opportunity to own a 4-unit income property in Sherrard. Units 1 & 2 are completed with kitchen appliances and stackable washer/dryer. Unit 3 is completed, and unit 4 just needs doors and floors. The units have never been rented so there are currently no tenants involved. Units 1, 2, and 3 are all 1-bedroom units with an open-concept kitchen and living room. Unit 4 will be a 2 bedroom with 1 bath. HVAC, plumbing and electric work is all new and complete. There are 4 separate gas meters, 4 water heaters, 4 electric meters, and 4 gas furnaces. There is 1 water meter. There are 2 stoves and 2 refrigerators, 2 microwaves plus 1 washer and 1 dryer. This would be an excellent investment opportunity for any buyer. Call for your appointment to see this home today.

General Information

Zoning:
Residential
School District:
Sherrard
APN:
06-06-04-303-019
Annual Property Tax:
$713.32
County:
Mercer
Subdivision:
Coal Valley Mining Co

Building Details

Year Built:
1908
# of Stories:
2
Roof Type:
Shingles
Style:
Four-Plex
Heating/Ventilation:
Forced Air
Air Conditioning:
Central
Sewer:
Public
Water:
Public
Exterior:
Vinyl
Basement:
Partial

Commercial Details

Annual Gross Income:
$31,200
Annual Operating Expense:
$1,070
Annual Net Income:
$29,417
# of Units:
4
Unit Rental Price Range:
$625-$725

Amenities

  • Carpet
  • Central A/C
  • Central Heat
  • Laminate Flooring
  • Lawn
  • Microwave
  • Offstreet Parking
  • Range / Oven
  • Refrigerator
  • Washer/Dryer
  • Sump Pump
  • Handicap Access
Rich Bassford CRS. GRI. Melissa Greer Amanda DuPrey Rob Bermes Tim Holevoet Leann Noack and J.C. Brenny

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