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520 Main Street Pecatonica, IL 61063

$500,000
New / MLS# 12767631 / Multi Unit - Multiple / Pecatonica
0 Beds
8000 SqFt

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 has separately metered gas and electric, 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.

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Baird & Warner Ivan Markov Agent Cell: 630.370.5550 Email

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Estimated Payment

$ 1,887.06 per month $1,286.56 Principal & Interest $454.67 Property Tax $145.83 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.14 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $5,456
Year Built: 1915

Feature Descriptions

Frontage Type: City Street
HVAC: Central Heat/Indiv Controls
Lot Dimensions: 50x50x90x90x
Parcel#: 0928154005
Units: 7

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX of Rock Valley

Listing Office Phone: 815-732-9100



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