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1813 Locust Street, Sterling, IL 61081

$183,500

  • Sold
  • Closed
  • Commercial
  • 22 Parking Spaces
  • Updated 4 days ago
1813 Locust Street, Sterling, IL 61081View this property at 1813 Locust Street, Sterling, IL 61081
1813 Locust StreetSterlingIL61081

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Property Description

7.5% Cap Rate! Fully Occupied, a Great Investment Opportunity! Close to downtown, close to many area amenities, lots of parking! Co-listed with Re-Max Sauk Valley. This property contains 2 efficiencies, 6 one bedroom, and 2 two bedroom apartments (one of which is 2 story with 1.5 baths). Also, a freestanding retail building generating $600 per month rent. NOI $22,530

Full Property Detailsfor 1813 Locust Street

General

  • Sold For: $183,500
  • Taxes: $8,367 (2013)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 08659592
  • Added: 1, 394 day(s) ago

Property History

  • 1813 Locust Street, Sterling, IL
  • Sold at $183,500 on 4/19/18
  • Reduced to $199,000 on 6/1/15
  • Reduced to $209,900 on 4/14/15
  • Listed at $239,000 on 7/1/14

Parking

  • Parking: 19 to 30 Spaces

Location

  • County: Whiteside
  • Driving Directions: Route 40 (Locust) to address

Heating & Cooling

  • Heating Type: Gas, Hot Water

Structural Information

  • Year Built: 1950

Lot Features

  • Lot Dimensions: 100 x 246
  • Zoning: MULTI

Financial Considerations

  • Tax Amount: $8,367
  • Tax Year: 2013

Listed by RVG Commercial Real Estate
Sold by RVG Commercial Real Estate

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Schools

Schoolsserving 1813 Locust Street

School District:Sterling Community Unit School District 5
School Name
Grades
Distance
Sterling High School
1608 4th Ave, Sterling, IL 61081
9-12
0.4 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Community Info

Community Infofor 1813 Locust Street

Listed by RVG Commercial Real Estate
Sold by RVG Commercial Real Estate

1813 Locust Street, Sterling, IL 61081 (MLS# 08659592) is a Commercial property that was sold at $183,500 on April 19, 2018. Want to learn more about 1813 Locust Street? Do you have questions about finding other Commercial real estate for sale in Sterling? You can browse all Sterling real estate or contact a Coldwell Banker agent to request more information.