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$837,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12373749
Year Built 1985
Annual Tax Amount $17,232
Tax Year 2024
Lot Dimensions 110X264
Property Sub-Type Multi Family 5+
Property Description
Incredible Investment Portfolio Opportunity in Polo, IL - 3 Fully-Leased, Multi-Unit Properties with 11 units! Now is your chance to purchase an exceptional portfolio of three income-producing properties in Polo, all with excellent rental history, strong tenant bases, and major updates already completed. Whether you're looking to expand your real estate portfolio or enter the multi-family market with confidence, this package delivers instant cash flow and long-term upside. Included Properties: 107 S Franklin Ave- A well-maintained mixed-use commercial building with two thriving storefronts and a gorgeous, fully renovated 2-bedroom apartment above. Stunning woodwork, over 2,000 sq ft of living space, and major updates including HVAC, roof, windows, and tuckpointing. 701 W Oregon St - A quiet 4-unit building on the edge of town with three 1-bedroom units and one 2-bedroom, each with their own garage space. Features beautifully updated tile showers, coin-operated laundry, and peaceful country views. 305 S Prairie Ave - Another solid 4-unit property, offering three 2-bedroom units and one 1-bedroom, also with garage spaces for each. Located close to schools, downtown, and the Polo pool. Includes on-site coin laundry and a consistent rental track record. All units are fully leased with great cash flow from day one. Major mechanicals and cosmetic updates completed and they are all in excellent locations within Polo. Buy individually or as a discounted portfolio package for maximum return and scale. These properties are rarely available in a bundled offering like this - don't miss your opportunity! Contact me today for financials, rent rolls, or to schedule private tours of each property!
Location
State IL
County Ogle
Area Polo
Interior
Fireplace N
Exterior
Roof Type Composition,Rubber
Building
Dwelling Type Multi Family 5+
Level or Stories 2
Structure Type Vinyl Siding,Brick
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Listed by Rebecca Hazzard • RE/MAX of Rock Valley