1422-1426 5th Street, Lasalle, Illinois 61301
$122,000
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 3 |
| Baths: | 0 |
| Year Built: | 1873 |
| Property Taxes: | $2,535 |
| Days On Market: | 151 |
| Lot Size: | 0,27 |
Description
INVESTOR OPPORTUNITY - TWO HOMES, TWO INCOME STREAMS! Why buy one property when you can acquire TWO homes on one parcel with established rental income? Conveniently located on Route 6 with quick access to I-39, this unique investment property offers immediate cash-flow potential and long-term flexibility. The larger home features 3 bedrooms and 1 bathroom and is currently rented for $1,150/month. It received updates in 2026, including new flooring and fresh paint throughout much of the home, providing a move-in-ready rental for the current tenant. The second home offers 1 bedroom and 1 bathroom and is also currently occupied, generating $750/month in rental income. Tenants currently pay their own utilities, helping keep operating expenses lower for the owner. Current combined rental income: $1,900/month, or $22,800 annually. With two separate homes, established tenants, and $1,900/month in current rental income, this is an excellent opportunity for investors looking to add multiple income-producing units to their portfolio in one purchase. Whether you're a seasoned investor or looking for your next cash-flowing property, this setup offers immediate income potential with room for future upside.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1873 | |
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| No | |
| 0.27 |
| — | |
| — | |
| — / — | |
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| — | |
| 12454942 | |
| 1814108002 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| — | Last price change | $128,000 | MRED MLS |
| 22 May, 2026 | Listed for sale | $140,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
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| — | |
| 73.8 X 161 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| — | $2,535 |
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Listing Provided By
Landmark Realty of Illinois LLC
