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106 N Oak Street Arcola, IL 61910
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Key Details
Sold Price $130,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 2,996 sqft
Price per Sqft $43
MLS Listing ID 11674400
Sold Date 01/27/23
Year Built 1895
Annual Tax Amount $1,380
Tax Year 2021
Lot Size 3,049 Sqft
Lot Dimensions 20X96, 20X56
Property Description
Great investment opportunity with $3100/month in income! All 5 units have recently been remodeled which makes for an even better investment. This 5 unit building has a great set up, three of the units are 1 bedroom, 1 bathroom with open living room and kitchen floor plans and then the other two units are studio set ups! Unit 5 has a separate shower room that allows for mobility access. New lighting has been added throughout all units to lower operating expenses. New rubber roof coating added on the lower section. New tankless water heater added May 2021. Unit 2 has a private roof deck area! At nearly 3000 square feet, these units offer lots of space and comfortable open floor plans! Convenient parking in the lot behind the building. Call today to schedule your showing!
Location
State IL
County Douglas
Zoning COMMR
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
View Y/N true
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Bought with Nicholas Ward • JOEL WARD HOMES, INC