A fantastic investment opportunity is now available in Rochelle, IL-a 5-unit commercial/multifamily brick building located in a prime downtown location, just minutes from I-39. This property offers excellent cash flow with minimal expenses for the landlord, making it an ideal low-maintenance asset. All units feature separate utilities, and the units are recently updated with all kitchen appliances staying. The building boasts a strong rental history with consistent occupancy. With very little upkeep required, this is a turnkey opportunity perfect for investors seeking reliable income in a growing market.
Property Details
Price:
$339,000
MLS #:
MRD12345164
Status:
Active
Beds:
1
Baths:
2
Type:
Commercial
Neighborhood:
flaggcenterhillcrestkingsrochelle
Listed Date:
Apr 24, 2025
Total Sq Ft:
6,984
Year Built:
1940
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Roof
Rubber
Financial
Tax Year
2023
Taxes
$3,302
Listing Agent & Office
Carla Benesh
RE/MAX of Rock Valley
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