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$260,000
Est. payment /mo
1,288 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,288 sqft
Price per Sqft $201
Subdivision Il
MLS Listing ID 202605933
Style 1 Story
Annual Tax Amount $5,693
Tax Year 2025
Property Sub-Type 2 Units
Property Description
Incredible opportunity to own a well-maintained riverfront ranch in an absolutely amazing location! Situated high and dry on a massive lot, this versatile 2-unit property offers an exciting opportunity for investors and owner-occupants alike. With one unit currently rented and the second unit vacant and available for immediate showings, investors can benefit from an existing income stream while having the flexibility to establish new rental terms for the vacant unit, subject to applicable requirements. The vacant unit features an updated kitchen with stainless steel appliances, attractive cabinetry, and modern flooring, along with a clean and comfortable bathroom. The property's ranch-style layout, detached garage, and expansive riverfront lot provide additional appeal for prospective tenants and future resale. For buyers looking to offset their housing expenses, the opportunity to occupy one unit while collecting rental income from the other makes this an especially attractive option! Alternatively, the property offers the potential to be converted back into a spacious single-family residence, subject to applicable approvals, creating an opportunity for those seeking additional living space or a multigenerational living arrangement. Whether you're looking to expand your rental portfolio, explore an owner-occupied investment, or create your own riverfront retreat, this property offers flexibility and possibilities for a variety of buyers. With its desirable location, existing tenancy, vacant second unit, and generous lot size, this is an opportunity you won't want to miss! Schedule your showing today and discover everything this unique property has to offer!
Location
State IL
Area Winnebago County
Rooms
Basement Full
Interior
Hot Water Gas
Heating Forced Air
Cooling Central Air
Exterior
Exterior Feature Vinyl
Garage Spaces 2.0
Roof Type Shingle
Building
Sewer Septic
Water Well
Schools
Elementary Schools Ralston Elementary
Middle Schools Harlem Jr
High Schools Harlem High School
School District Harlem 122
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Listed by DICKERSON & NIEMAN
NEARBY SCHOOL & BUSINESS
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Joanna Lewkowicz
Designated Managing Broker | Owner 471.018027471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com