For more information on this property, contact Maria Eilers, Broker at 217-259-2218 or MariaRealtyPro@gmail.com

700 W Ferdon Street
Litchfield, Illinois IL 62056-1463
Price: $899,000
Listing ID 22037288
Status Active
Acres 0.890
Year Built 2011

Property Description:

Investment Opportunity Awaits! 10 unit apartment complex available for purchase. Conveniently located close to shopping areas and easy access to Interstate 55. Units 1-4 were built in 2011 and Units 5-10 were built in 2016. New roof was installed 2021. Interiors have 9 ft walls, 36" doors, 5' turn radius per room, and no steps. Units 1-4 have small detached storage buildings and concrete patios. Units 5 and 10 have storage rooms off patio. Units 5-10 have covered patios. Each unit includes refrigerator, stove, and dishwasher. Washer dryer hookups available. For tenants ages 55+. Owners expenses: trash, mowing, and snow removal. Ask your agent for more information.
Maria Eilers, Broker
Cell Phone: 217-259-2218

Primary Features

County: Montgomery-IL
Price/SqFt: 102.38
Property Sub Type: Multi-Family 5+
Property Type: Commercial Sale
Subdivision: Beeler 4th Add
Year Built: 2011

Interior

Above Grade Finished Area: 8781
Above Grade Finished Area Source: Owner
Cooling: Electric
Heat Source: Gas
Heating: Forced Air
Laundry Features: Lndry Connect all Un
One Bed Unit Includes: Dishwasher,Refrigerator,Range/Oven
Two Bed Unit Baths: 1 Per Unit
Two Bed Unit Includes: Dishwasher,Refrigerator,Range/Oven
Two Bed Unit Rent: 695

External

1 Bedroom Units: 2
Construction Materials: Vinyl Siding
Lot Size Dimensions: 116' x 168' & 116' x 168'
Lot Size Source: County Records
Lot Size Square Feet: 38768
Number Of Units Total: 10
Parking Features: Accessible Parking, Parking Lot
Sewer: Public Sewer
Two Bed Unit Units: 8
Water Source: Public

Location

Elementary School: LITCHFIELD DIST 12
High School: Litchfield Community High Scho
High School District: LITCHFIELD DIST 12
Location: Corner Location,Rural
Middle Or Junior School: LITCHFIELD DIST 12

Additional

Age: 11
Cable Available: 1
Documents Count: 2

Financial

Current Financing: Cash Only, Conventional, Other
Disclosures: Unknown, Sellers Discl. Avail
Lease Term: Leases
Possession: Close Of Escrow
Special Listing Conditions: No Exemptions, None
Tax Annual Amount: 20135
Tax Year: 2021
Tenant Pays: Electricity, Gas, Water
Transaction Type: Sale

Zoning Info


Listing Courtesy of Montgomery County Realty, Inc.

Based on information submitted to the MLS GRID as of Monday, August 15th, 2022 at 06:55:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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