211 Main Street, Farmer City, Illinois 61842
$215,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 2004 |
| Property Taxes: | $7,336 |
| Days On Market: | 1539 |
| Lot Size: | 0,00 |
Description
High quality townhome complex. Desirable 3 unit building. With 2 single story units and 1 two story units. Both 3 bedrooms are ranch style and handicap accessible. The 2 bedroom home is upstairs. Each unit has their own 1 car attached garage, and elevated balcony style decks with views of the common area. Built new in 2004, these units are always rented with a waitlist. These rentals are the best show in town. They are high quality and cash flow beautifully. Each unit consistently brings in $725-$775/month. Tenant pays utilities. Over $26,000 in gross revenue, with an annual N.O.I of over 17k. Cap Rate is an attractive 7.74% Other quality units can be purchased in a much larger bundle. Lots of common space behind the home. Cheap interests rates make it a great time to buy investments. These are conveniently located near downtown and the square.
Property Specifics
| Multi-unit | |
| — | |
| Traditional | |
| 2004 | |
| None | |
| — | |
| No | |
| 0 |
| De Witt | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer | |
| 11206587 | |
| 0528189003 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Schneider Elementary School |
18 | — | |
|
Middle School
Blue Ridge Junior High School |
18 | Not in DB | |
|
High School
Blue Ridge High School |
18 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 14 Dec, 2021 | Sold | $215,000 | MRED MLS |
| 4 Nov, 2021 | Under contract | $225,000 | MRED MLS |
| 1 Sep, 2021 | Listed for sale | $225,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: None
Other Specifics
| 3 | |
| Block,Concrete Perimeter | |
| — | |
| Balcony, Deck | |
| Common Grounds | |
| 61.3 X 120 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Curbs, Sidewalks, Street Lights, Street Paved | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $7,336 |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
eXp Realty,LLC-Maho
