11810 E 550th Avenue

Active Under Contract

INVESTMENT OPPORTUNITY! Effingham Schools! This five-unit building is located just 10 minutes south of Effingham. Close to Interstate Access! Owner does not have any problems keeping all units occupied. Newer flooring in four units. Newer metal roof, trees trimmed, and newer sewer pipe in 2018. Each unit has a separate electric meter and its own patio in back. Units have baseboard heat and radiant heat in the ceilings in the kitchens. Washer and dryer hook up in each unit. Owner currently pays for trash and charges $30 per unit a month for water. Tenants use satellite internet. There are two sheds on the property, all tenants are able to share. Pets are allowed with monthly fee. There are nine concrete parking spots on the property.

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Price:$$279,900
Address:11810 E 550th Avenue
City:Mason
County:Effingham
State:Illinois
Zip Code:62443
MLS:6218119
Year Built:1967
Acres:0.830
Lot Square Feet:0.830 acres
appliances:Electric Water Heater, Range, Refrigerator
carportyn:no
constructionmaterials:Vinyl Siding
cooling:Window Unit(s), Attic Fan
coolingyn:yes
elementaryschooldistrict:Effingham Dist. 40
exteriorfeatures:Shed
foundationdetails:Slab
garageyn:no
grossscheduledincome:36060
heating:Electric, Radiant, Zoned
heatingyn:yes
highschooldistrict:Effingham Dist. 40
leaseconsideredyn:yes
livingareasource:Public Records
lotsizesquarefeet:36155
middleorjuniorschooldistrict:Effingham Dist. 40
netoperatingincome:32490
numberofunitstotal:5
operatingexpense:3570
ownerpays:Insurance, Taxes, Trash Collection, Water
possession:Closing
postalcity:Mason
roof:Metal
sewer:Septic Tank
speciallistingconditions:None
taxannualamount:3171
taxlegaldescription:PT W 168FT OF E 1149.5FT OF S 226.3FT SE NE AS RECORDED POS #65-B 3446/313 689/24 648/102 644/314 532/255
taxyear:2020
waterfrontyn:no
watersource:Public
yearbuiltsource:Public Records
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