509 3rd Avenue
Sterling, IL 61081
- 4 beds
- 3 baths
- – sqft
- 6,750 sqft lot
- 1900 build
- – on site
Great cash flow property with a turn key investment. The property is a 2-story triplex is in a great neighborhood with units consisting of a two bedroom, one bedroom, and a studio. The studio was completely renovated in 2019, giving it a modern and updated feel. The property features a new roof installed in 2018 and new windows added in 2021, ensuring good insulation and protection from the elements. It also boasts a large porch at the front and a rear screened-in porch, providing extra space for tenants to enjoy. Additionally, there is a three-car garage that can be rented out for added income. The original woodwork adds charm and character to the units, attracting high-quality tenants who appreciate quality craftsmanship. Tenants are responsible for taking care of the landscaping, which can save on maintenance costs. The property commands impressive rent rates due to its desirable features and excellent condition. Rents are 1000.00, 730.00 and 750.00. Two of the tenants are 60+ yr old sisters that have lived in the two bed and one bed for over 15 yrs. Spacious main floor, 2 bedroom, 1 bathroom. Second floor has 1 bedroom, 1 bathroom apartment and furnished studio apartment. Landlord pays all utilities. Average $500 per month. Current tenants are Month to Month. Don't miss out on this amazing income generating opportunity!
Last checked:
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Last updated Aug 19, 2024
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MLS# 12121158 —
The Building
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Year Built:1900
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:Full
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Foundation Details:Concrete Perimeter
Interior
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Rooms Total:9
Location
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Directions:From East 5th Street turn North on 3rd Avenue
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Location:93115
The Property
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Parcel Number:11214340060000
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Property Type:Residential Income
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Lot Size Dimensions:50X135
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Zoning:MULTI
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (815) 716-7653
- Office phone:
- (815) 625-3722
Taxes
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Tax Year:2023
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Tax Annual Amount:1594
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:3
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Full Baths:3
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:5
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Middle Or Junior School District:5
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High School District:5
The Community
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Community Features:Curbs, Street Lights, Street Paved
Parking
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Parking Total:3
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Garage Type:Detached
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Garage Spaces:3
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Garage Onsite:Yes
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Garage Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/25/24
Jul 25, 2024
|
Listed / Active | MRED | $150,000 |