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205 Walnut St, Bartelso, IL 62218

$364,000

—
bed
—
bath
2,886
Sqft ($126/Sqft)

Multi-family for sale 24 days

$15K price drop

About 205 Walnut St

Property type Multi-family

Neighborhood

Year built 2002

HOA fee $0/month

Lot size 0.27 Acre

Parking 1 garage spaces

Property description

Excellent income property opportunity in Bartelso, Illinois — 205 & 207 Walnut Street offers a well-maintained duplex with two occupied units generating $2,600/month in current gross rent. Unit 205 is a spacious 3-bedroom, 3-bathroom unit with a full unfinished basement, currently rented at $1,600/month. Unit 207 is a 2-bedroom, 2-bathroom unit with a full unfinished basement, currently rented at $1,000/month. Net Operating Income of approximately $26,694/year at a 6.86% cap rate. Both units are tenant-occupied with below-market rents, providing immediate upside at lease renewal. Parcel No. (PIN): 13-12-17-101-008. Offered at $389,000. Tenant-occupied — do not disturb. Contact listing agent for showing instructions.

Listed by

Listing Agent - Darin Revermann

Listing Office - Real Broker LLC

Source: MARIS

MLS#26054005 • last updated 1 week ago

Movoto checked MARIS for data 7 minutes ago

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Overview
Cooling/AC	Central Air
Heating	Forced Air, Natural Gas
Levels/Style	Two, Traditional, Duplex
MLS #	26054005
SubType	2-4 Units
Living Area (SqFt)	2886
Status	Active
Lot Size (SqFt)	11661.01
Property Tax	5375
Year Built	2002

Interior
Basement	Full

Exterior
Construction	Frame

Amenities / Utilities
Water Source	Public
Utilities	Electricity Connected, Natural Gas Connected, Sewer Connected
Electricity	Ameren

Location
County	Clinton
Subdivision	Green Valley Estates
Elementary School	BARTELSO DIST 57
Middle School	BARTELSO DIST 57
High School District	BARTELSO DIST 57
High School	Breese
APN	13-12-17-101-008