302 S John St, Thomasboro, IL 61878

I'm presenting an opportunity to buy a multi-family facility in a quaint little farming community called Thomasboro, which is just 11 miles north of Champaign, IL. Each building is a 4-plex for a total of 8 units (Please see the separate listing for 300 S. John as well). The exterior of both buildings appear to be in solid shape at a cursory glance. The flooring of most of the units have been replaced as units have turned over. Unit #3 has lived there prior to the owner purchasing it so there have been no upgrades to that unit. Each unit is 1,000 square feet and offers two bedrooms, one bathroom, kitchen & living room. Each unit also offers washer/dryer hookups. Many of the water heaters are newer. Several refrigerators and AC units have also been replaced since the owners purchased the portfolio. Stoves & refrigerators convey with the property. Washer/Dryer's are owned by the tenants. Tenants pay their own water, garbage, electric/gas, cable, internet, etc. RENT HAS NOT BEEN RAISED IN 8 YEARS!!! Here is an opportunity to immediately capture some value-add.