11220 US Route 20 Highway, Garden Prairie IL 61038 (Off Market)

For Sale, USD 189,900


11220 US Route 20 Highway, Garden Prairie IL 61038,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 4

Bathroom : 2

Half Bathroom : 0

MLS#: N/A


Property Description

Attention investors: This 2-flat property is a textbook fixer-upper being sold strictly AS-IS and needs a significant amount of work. Bring your tools, budget, and construction crew to unlock the full potential of this 1,952 sq. ft. asset. The major draw is the immediate ROI - Monthly Income: $1,425. Currently occupied by long-term mo-to-mo tenants who may be willing to stay. Each unit is 2 BR/1 BA and is highly desirable due to the inclusion of a full appliance package, including an in-unit washer and dryer. 1st Floor ($725/mo): Provides current stability with a newer furnace, new appliances, new water heater, and updated flooring. 2nd Floor ($700/mo): Needs considerable attention and features electric heat. The exterior includes vinyl siding and a large shared backyard. Also incls 976 sq. ft. unfinished basement Tenants are responsible for all utilities except garbage. This is a solid path to substantial equity for the motivated investor prepared for a full-scale renovation.
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11220 US Route 20 Highway, Garden Prairie IL 61038, United States,Illinois,Garden Prairie is a Garden Prairie luxury Multi-Family Home listed for sale USD 189,900. This high end Garden Prairie Multi-Family Home is comprised of 4 bedrooms and 2 baths. Find more luxury properties in Garden Prairie or search for luxury properties for sale in Garden Prairie.