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203 Newman Street, Durand, IL 61024

$300,000

  • For Sale
  • Active
  • Commercial
  • 5 Parking Spaces
  • 1-5 Car Garage
203 Newman Street, Durand, IL 61024 View this property at 203 Newman Street, Durand, IL 61024
203 Newman Street Durand IL 61024

Property Description

Great investment opportunity! Five one-bedroom units with long term tenants. Each unit is 600 square feet with stackable washer/dryer in each unit. Very well maintained and clean. Rent is $2,650 a month. 1.5 car garage with separate openers for each tenant. Garage has concrete floor and shelves for extra storage. Roof replaced in 2013, windows in 2006. Wheelchair accessible, doors are 36-inch wide. All electric.

Full Property Details for 203 Newman Street

  • Price: $300,000
  • Taxes: $6,285 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 09370105
  • Updated: 10/24/2016
  • Added: 47 day(s) ago

Property History

  • 203 Newman Street, Durand, IL
  • Listed at $300,000 on 10/18/16

Interior

  • Interior Features: Handicapped Access

Parking

  • Garage: Yes
  • Garage Description: 1-5 Spaces
  • Garage Spaces: 1-5
  • Total Spaces: 5
  • Garage Description: 1-5 Spaces

Location

  • Area: Confidential Commercial Listings
  • County: Winnebago
  • Township: WINNEBAGO
  • Driving Directions: I-70W, turn right on Leech Road. Turn left onto Fritz road, then left on Newman St.

Heating & Cooling

  • Cooling Type: Wall Sleeve
  • Heating Type: Electric

Structural Information

  • Structure Type: Flats
  • Exterior Const.: Vinyl Siding, Brick
  • Basement Desc.: None
  • Stories/Levels: 1
  • Current Bldg. Use: Residential (Multifamily)
  • Year Built: 1977
  • Built Before 1978: Yes
  • Remodeled/Updated: 2016

Unit Information

  • Units w/Refrigerators: 5
  • Units w/Range/Oven: 5
  • Units w/Disposals: 5
  • # Washers: 5
  • # Dryers: 5

Unit 1

  • Number of Units: 5
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.47
  • Lot Dimensions: 155, 129.96, 155, 130.32
  • Potential Use: Residential (Multifamily)
  • Zoning: MULTI

Financial Considerations

  • Tax Amount: $6,285.5
  • Tax Year: 2015
  • Tenant Pays: Electric

Disclosures and Reports

  • APN: 515229003

Listed by RE/MAX Property Source

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Estimate the Cost

203 Newman Street will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

203 Newman Street, Durand, IL 61024 (MLS# 09370105) is a Commercial property. 203 Newman Street is currently listed for $300,000 and was received on October 18, 2016. Want to learn more about 203 Newman Street? Do you have questions about finding other Commercial real estate for sale in Durand? You can browse all Durand real estate or contact a Coldwell Banker agent to request more information.

Listed by RE/MAX Property Source

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