11220 US Route 20 Highway, Garden Prairie, IL 61038
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11220 US Route 20 Highway, Garden Prairie, IL 61038
11220 US Route 20 Highway, Garden Prairie, IL 61038
11220 US Route 20 Highway, Garden Prairie, IL 61038
11220 US Route 20 Highway, Garden Prairie, IL 61038
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Listed by Dee Gambleof Berkshire Hathaway HomeServices Starck Real Estate
$ 189,900
Est. payment /mo
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Active Under Contract

11220 US Route 20 Highway Garden Prairie, IL 61038

4 Beds

0.29 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12384017

Bedrooms 4

Year Built 1915

Annual Tax Amount $3,570

Tax Year 2024

Lot Size 0.290 Acres

Lot Dimensions 66X188.8X66X192

Property Sub-Type Two to Four Units

Property Description

Attention investors: This 2-flat property is a textbook fixer-upper being sold strictly AS-IS and needs a significant amount of work. Bring your tools, budget, and construction crew to unlock the full potential of this 1,952 sq. ft. asset. The major draw is the immediate ROI - Monthly Income: $1,425. Currently occupied by long-term mo-to-mo tenants who may be willing to stay. Each unit is 2 BR/1 BA and is highly desirable due to the inclusion of a full appliance package, including an in-unit washer and dryer. 1st Floor ($725/mo): Provides current stability with a newer furnace, new appliances, new water heater, and updated flooring. 2nd Floor ($700/mo): Needs considerable attention and features electric heat. The exterior includes vinyl siding and a large shared backyard. Also incls 976 sq. ft. unfinished basement Tenants are responsible for all utilities except garbage. This is a solid path to substantial equity for the motivated investor prepared for a full-scale renovation.

Location

State IL

County Boone

Community Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Unfinished, Cellar, Partial

Interior

Heating Natural Gas, Electric, Forced Air, Baseboard, Sep Heating Systems - 2+

Fireplace N

Exterior

Exterior Feature Fire Pit

View Y/N true

Roof Type Asphalt

Building

Lot Description Common Grounds

Foundation Other

Sewer Septic Tank

Water Well

Structure Type Vinyl Siding

New Construction false

Schools

School District 100, 100, 100

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) VOW
Yuliya Benko

Yuliya Benko

Broker

+1(773) 503-0277

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11220 US Route 20 Highway