205 Walnut St, Bartelso, IL 62218

$379,000
2,886
SqFt

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List Price
$379,000
Days on Market
11
MLS#
26054005
Status
ACTIVE
Living Sq. Ft
2,886
Lot Size
11,661
Acres
0.27
Year Built
2002
Subdivision
Green Valley Estates
County
Clinton
Listing Type
Multifamily

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.

Additional Information

School District
BARTELSO DIST 57
Elementary School
BARTELSO DIST 57
Jr. High School
BARTELSO DIST 57
Sr. High School
Breese
Cooling
Central Air
Heating
Forced Air, Natural Gas
Water
Public
Selling Terms
Cash, Conventional, FHA, VA Loan

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Listing courtesy of Real Broker LLC.

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