This well-maintained property features four spacious apartments — two on the main floor and two upstairs — plus a shared basement area with laundry and storage for tenants. Recent updates include a new EPDM rubber roof with fiber board base, extended to cover the roof edges, plus tuckpointing and new front porch steps, decking, and roof — all helping to reduce long-term maintenance costs. The building offers three 1-bedroom/1-bath units and one 1-bedroom (possible 2 bedroom)/1.5-bath unit, each with eat-in kitchens, full-size gas stoves and refrigerators, large living rooms, front and rear entrances, and off-street parking. One main-floor unit includes a handicap ramp for accessibility. All units are served by forced-air gas heat and central air conditioning. Rents currently include gas, electric, water, and trash, with below-market rental rates providing room for upside. This property is a turnkey income producer with strong cash flow and additional value potential through rent increases. Ideal for an investor seeking dependable returns in a stable Central Illinois market.
Listing information is provided by RMLS Alliance LLC courtesy of Rhoades Real Estate & Land Auc, Jed Rhoades, as of 10/15/2025 15:15pm 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 renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
