Situated on a corner lot in Stark County’s central business district, this property offers stable in-place income with additional upside through modest rent increases and improved use of existing space. The building includes five residential units, on-site laundry income, and a basement with potential for an additional revenue stream. Fully occupied, consistent cash flow, attractive low-turnover asset in a limited-inventory rental market. The property is located next to Toulon Tap, a well-known local bar contributing to steady activity and community presence. *The bar and bar building are not included in the sale.* A public park sits directly behind the property, and nearby amenities include Dollar General, City Hall, medical services, Stark County schools (Niche Grade B-), and access to the Rock Island Trail. Conveniently located approximately 18 minutes from Kewanee, IL. Investment Highlights 5 income-producing units Additional laundry revenue Finished basement with income potential Corner Main Street location Stable tenancy with upside opportunity Financial Snapshot Current Monthly Revenue: $2,850 Pro-Forma Monthly Revenue: $3,950 Current NOI: $26,790 Pro-Forma NOI: $39,990 Projected Cap Rate: ~11% with upside Do not disturb tenants! Make an offer!
Listing information is provided by RMLS Alliance LLC courtesy of eXp Realty, Raul Rodriguez, as of 04/06/2026 16:15pm 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.
