700 W Ferdon St, Litchfield, IL 62056

$899,000
8,781
SqFt

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List Price
$899,000
Days on Market
147
MLS#
26010443
Status
ACTIVE
Living Sq. Ft
8,781
Lot Size
38,768
Acres
0.89
Year Built
2011
Subdivision
Beeler 4th Add
County
Montgomery
Listing Type
Multifamily

Property Description

Investment Opportunity Awaits with this 100% Occupied Property! This well maintained 10 unit apartment complex for tenants ages 55+ offers a solid addition to any investment portfolio. Ideally located near shopping, dining, and everyday conveniences, with quick and easy access to Interstate 55. Units 1-4 were built in 2011 and Units 5-10 were built in 2016. Both roofs were installed in 2021 Interiors have 9 ft walls, 36" doors, 5' turn radius per room, and no steps. Units 1-4 have small detached storage buildings and concrete patios. Units 5 and 10 have storage rooms attached to unit just off covered concrete patio. Each unit includes refrigerator, stove, and dishwasher. Washer/Dryer hookups available. Current owners expenses: trash, mowing, and snow removal. Ask your agent for more information.

Additional Information

School District
LITCHFIELD DIST 12
Elementary School
LITCHFIELD DIST 12
Jr. High School
LITCHFIELD DIST 12
Sr. High School
Litchfield Community High Scho
Parking Description
Open, Parking Lot
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of MCR Realty Professionals, Inc.

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