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Listed by Jennifer Daringof Coldwell Banker Realty
$ 249,900
Est. payment /mo
Active
820 Lincoln Highway Rochelle, IL 61068
4 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12578295
Bedrooms 4
Year Built 1920
Annual Tax Amount $4,679
Tax Year 2024
Lot Dimensions 66X124
Property Sub-Type Two to Four Units
Property Description
Fantastic investment opportunity with strong income history. This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units. The lower unit is a long-term rental with a reliable tenant who has been in place for multiple years. This unit features generously sized rooms, beautiful hardwood floors in the living room, and both front and back entrances for added convenience. The upper unit is currently operating as a successful short-term rental and comes fully furnished - completely turnkey for the next owner to seamlessly continue short-term rental operations. Just like the lower level, it offers 2 bedrooms, 1 bathroom, a large living room with hardwood floors, and both front and back entrances. Each unit includes two exterior parking spaces accessible from the alley behind the home, providing ample off-street parking. Both units also have access to the basement, where a shared laundry facility is available. Owner currently pays gas, water, sewer, garbage, internet and upstairs electricity.
Location
State IL
County Ogle
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
High Schools Rochelle Township High School
School District 231, 231, 212
Others
Ownership Fee Simple
Special Listing Condition None
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