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110 W Jones Street

Milford, IL 60953
  • $645,000
  • STATUS: Active
  • ON SITE: 266 days
  • MLS #: 10929087
UPDATED: 232 min ago
$645,000
  • 0
    BEDS
  • 0.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,616
    SQFT
  • $56
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1968
County:
Area:

School Ratings & Info

Description

LOW TAXES make for even better cash flow on this BEAUTIFULLY kept, updated, and well-maintained 15-unit apartment building on Milford's west side! There are 8 two-bedroom units and 7 one-bedroom units. Tenants pay electric, and landlord pays water/sewer/scavenger. FULLY LEASED. Coin-operated laundry facility in building for additional income (approx $300/mo). Units are updated as tenants move out: New paint, blinds, carpet, refrigerators, and other items as needed. 2 units had a full remodel just last year. Backs to park & close to schools. A SUPERB investment opportunity - come and see! *For out of town investors, we have someone who can manage this property for you.* (c)2021

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-02T23:52:03.547 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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110 W Jones Street Milford, IL 60953

  • Price: $645,000
  • Status: Active
  • Updated: 232 min ago
  • MLS #: 10929087
0
Beds
0
Baths
0
½ Baths
0.63
Acres
11,616
SQFT
$56
$/SQFT
1968
Built
Neighborhood:
Milford
County:
Iroquois
Area:
Milford
Property Description
LOW TAXES make for even better cash flow on this BEAUTIFULLY kept, updated, and well-maintained 15-unit apartment building on Milford's west side! There are 8 two-bedroom units and 7 one-bedroom units. Tenants pay electric, and landlord pays water/sewer/scavenger. FULLY LEASED. Coin-operated laundry facility in building for additional income (approx $300/mo). Units are updated as tenants move out: New paint, blinds, carpet, refrigerators, and other items as needed. 2 units had a full remodel just last year. Backs to park & close to schools. A SUPERB investment opportunity - come and see! *For out of town investors, we have someone who can manage this property for you.* (c)2021
Exterior Features

Construction Materials Brick Foundation Details Concrete Perimeter Frontage Type City Street Land Amenities Children's Play YardCurbs And GuttersSidewalks Location Mixed Use AreaPark Adjacent Miscellaneous Outside Security Lighting Outdoor Parking 13-18 Spaces Parking Total 17 Roof Composition Roof Structure Pitched

Interior Features

Cooling Wall Sleeve Electric Circuit Breakers Fire Protection Fire Extinguisher/S Heat Ventilation Electric Miscellaneous Inside Inside Corridor/SLaundry Room Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dryers 4 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Ranges 15 Number Of Refrigs 15 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 4 Number Of Rooms Unit2 3 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 8 Number Of Units Apt Type2 7 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 4 Number Of Window Ac 15

Property Features

Additional Parcels YN No Association Fee Includes WaterParkingExterior MaintenanceLawn CareScavenger Built Before1978 YN Yes Cap Rate 7.64 Current Use Multi-Family Electric Expense 2190 Expense Year 2020 Exterior Building Type Brick Fuel Expense 0 Gross Income 90600 Gross Scheduled Income 90600 Insurance Expense 3041 Janitor Expense 0 Lot Size Dimensions 175X159 Maintenance Expense 2582 Monthly Income Max1 550 Monthly Income Max2 450 Net Operating Income Year 2020 Operating Expense 21625 Other Expense 383 Owners Assoc YN No Possible Use Multi-Family Tax Annual Amount 7320.26 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 7550 Trash Expense 1890 Type Multi Family Corridor-Interior Entrance Unincorporated YN No Utilities Sanitary SewerWater-Municipal Water Sewer Expense 4219 Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-02T23:52:03.547 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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