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302 S Ottawa Street Earlville, IL 60518 Multi Unit - Multiple New

New - 13 Hours Ago
  • 302 S Ottawa Street , Earlville, IL 60518 Main Photo

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Description

Turn-of-the-century three-unit property located adjacent to the city park in Earlville. Situated on a double lot, this property offers solid rental income and value-add potential. All three units are currently occupied. The lower south unit features 1 bedroom, 1 bathroom, new flooring and fresh paint. The lower north unit offers 3 bedrooms and 1 bathroom, new carpet, paint and an updated bathroom. The upper unit includes 2 bedrooms and 1 bathroom. Recent improvements include a newer water heater, gutter and roof repairs, flooring, new paint and updated bathrooms in two of the units. The property also includes a two-car garage with a divider, allowing for potential additional rental income. Owner currently pays approximately $200/month for water, sewer, and garbage. Lawn care and snow removal are approximately $50/month. Current and projected monthly rental income is approximately $2,784. Property is being sold as is. Come check out your new investment property today!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 3
County: LaSalle
High School: Earlville High School
Listed By:
Swanson Real Estate 815-786-9418
MRED MLS
$180,000
Est. $1,190/mo
6beds
3baths
2cars
New to the Market New
BEDS6 BATHS3 full MLS#12618492
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 9

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302 S Ottawa Street , Earlville, IL 60518.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $180,000$180,000$180,000
Down Payment $36,000$6,300$45,000
Monthly Mortgage Amount $840$1,060$1,094
Taxes $251$251$251
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$79$0
Monthly Estimated Total $1,190$1,489$1,444

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