$2,250,000
$2,500,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/30/2020
Key Details
Sold Price $2,250,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10594174
Sold Date 04/30/20
Year Built 1977
Annual Tax Amount $15,637
Tax Year 2018
Lot Dimensions 175X135
Property Sub-Type Multi Family 5+
Property Description
This 16 unit building features 8 one bedroom, one bath units and 8 two bedroom, one bath units. This multifamily building is offered for sale as a package of 8 rental properties in Byron, IL. Excellent rental history with a total of 9 buildings and 48 total units. Cap rate for this package is just over 10%. Extremely well maintained buildings with long term renters. Amazing investment opportunity in an upscale small town setting. Sold as a package - buildings will not be separated. Includes this listing as well as 10594176, 10594177, 10594178, 10594179, 10594180, 10594181, 10594183.
Location
State IL
County Ogle
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
View Y/N true
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Bought with Douglas Weber • Bird Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "