IL > East Peoria
East Peoria, IL 61611,523 SANFORD ST #1-10
East Peoria, IL 61611,523 SANFORD ST #1-10
East Peoria, IL 61611,523 SANFORD ST #1-10
East Peoria, IL 61611,523 SANFORD ST #1-10
East Peoria, IL 61611,523 SANFORD ST #1-10
East Peoria, IL 61611,523 SANFORD ST #1-10
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Steven Sutton-Gordon

Steven Sutton-Gordon

+1(563) 343-7679
Listed by Troy Kerrn • Keller Williams Premier Realty
$ 350,000
Est. payment | /mo

3,956 SqFt

Save
$ 350,000
Est. payment | /mo
Save

3,956 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,956 sqft

Price per Sqft $88

MLS Listing ID PA1260290

Year Built 1948

Annual Tax Amount $4,158

Tax Year 2024

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 299x60

Property Sub-Type Commercial

Source rmlsa

Property Description

EXCELLENT INVESTMENT OPPORTUNITY! This 10-unit property generates strong cash flow with the smallest unit renting at $450/month and all others at $650/month. Current net income is approximately $28,000 annually with plenty of upside potential for increased rents. Don't miss your chance to own a solid income-producing property with room to grow! Each of the stand alone units (1,2,3,4,10) have their own gas and electric meters. The block building units 5, 6, 7, 8, 9 all work off one gas, electric meter. Units 5, 6, 7, 8, 9 are serviced off one gas water heater that is in the closet of #7. The stand alone units all have gas water heaters, gas furnaces, gravity type wall , #3 has a gas forced air unit. All units come with working gas range stove and electric fridges. The only exception is #8, seller hasn't replaced it.

Location

State IL

County Tazewell

Area Paar Area

Zoning res

Direction Washington to Edmund Street to Sanford Street

Interior

Heating Electric, Natural Gas, Individual Unit, Other

Cooling Multi Units, Wall/Window Unit(s)

Flooring Other

Fireplace N

Exterior

Utilities Available Water Available

View true

Roof Type Composition Shingle

Garage 1

Building

Faces Washington to Edmund Street to Sanford Street

Sewer Public Sewer

Structure Type Other,Vinyl Siding

Others

Tax ID 01-0132-306-011

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(563) 343-7679

steven@stevensellinghomes.com

5525 Meredith Dr, Des Moines, IA, 50310, USA

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523 SANFORD ST #1-10