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494-496 South Street Burlington, IL 60109
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Key Details
Sold Price $394,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12139245
Sold Date 10/01/24
Bedrooms 4
Year Built 1978
Annual Tax Amount $11,836
Tax Year 2023
Lot Size 0.500 Acres
Lot Dimensions 132.2'X164.7'X132.7'X165'
Property Description
Great opportunity to get a piece of the Fox Valley rental market. This brick building is turn key, and ready for a new owner. It features 2, two-bedroom apartments, garage and driveway parking. Unit 494 has a 1 car attached garage and Unit 496 has an attached 2 car garage. The roof is 12 years old. Both units rent very easy and 496 tenant has been in the unit for the last 5 years. Tenants are responsible for gas and electric plus cable if wanted. Building is on city water and owner pays. Home is mostly brick with some stucco. 496 unit has an enclosed deck with access from patio door in kitchen. 496 also has a fireplace in the basement. Unit 494 has a deck with access from patio door in kitchen. Property backs to pond. This is a great rental property in downtown Burlington. Property Being Sold "AS IS". Tenant in 494 is month to month. Tenant in 496 will be vacating 9/30/24.
Location
State IL
County Kane
Rooms
Basement Full
Interior
Heating Natural Gas, Electric
Fireplace N
Exterior
Exterior Feature Deck
Parking Features Attached
Garage Spaces 3.0
View Y/N true
Roof Type Asphalt
Building
Sewer Septic-Private
Water Public
New Construction false
Schools
School District 301, 301, 301
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Irma Sifuentes • Executive Realty Group LLC