BEDS0
BATHS
SQUARE FEET8,000
MLS#202606020
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPecatonica 321
Property Description
Prime mixed-use investment opportunity in downtown Pecatonica! This 7-unit property features two storefronts and five residential apartments, including three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one 3-bedroom/1-bath unit. Currently generating approximately $6,000 per month in income, this property offers great cash flow and is an excellent addition to any investment portfolio. Many recent improvements have already been completed, including cosmetic updates throughout several of the apartments with updated flooring, paint, and more. A new furnace and water heater have also been recently installed. The building is entirely separately metered, helping keep owner expenses low and operations efficient. Located right in downtown Pecatonica, this is a great opportunity to own an income-producing property with a mix of residential and commercial space. Financials available to qualified buyers.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit
Heating: Electric, Natural Gas
Home Style: 5+ Units
Roof Type: Shingle
Taxes: $5,456
Appliances
Dryer
Refrigerator
Oven
Washer
Feature Descriptions
Exterior: Stucco
General Features: Additional Parking, Laundry in Building, Laundry in Unit
Separate Utilities: Yes
Sewer: City
Water: City
Local Schools
School District: Pecatonica 321
Listed By / Shown By
Listed By
Agency Name: Re/Max of Rock Valley
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimate Your Payment
Estimated Payment
$ 2,871.66 per month $2,271.16 Principal & Interest $454.67 Property Tax $145.83 Homeowner's Insurance
520 Main Street | MLS# 202606020
This multi-family property located at 520 Main Street, Pecatonica, IL 61063 is currently listed for sale with an asking price of $500,000. Main Street is located within the Pecatonica 321 school district. Search Pecatonica real estate on www.gogambino.com today.