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301 E Main Street Ogden, IL 61859
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Key Details
Sold Price $150,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10633507
Sold Date 08/11/20
Bedrooms 4
Full Baths 2
Year Built 1999
Annual Tax Amount $3,668
Tax Year 2018
Lot Size 7,840 Sqft
Lot Dimensions 120 X 66
Property Description
This is a really nice duplex on the east side of Ogden in good shape. The roof has recently been redone. This duplex was built by the owner back in approximately 1999 and has he enjoyed this property and the passive income it has created for him for over the past two decades. 301 is currently renting for $750/month. 303 is currently renting for $750/month. The tenant in 301 was a former construction client for the builder on a large product a number of years ago, so he has taken care of his tenant on his rent as a thank you for previous business. The new owner will probably want to bring the rent in line with current the current marketplace. After the rent adjustment you will be looking at approximately an 8.5 to 9 cap.
Location
State IL
County Champaign
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Attached
Garage Spaces 2.0
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Prairieview-Ogden Elementary Sch
Middle Schools Prairieview-Ogden Junior High Sc
High Schools St. Joseph Junior High School
School District 197, 197, 169
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Jon Fisher • MR. LANDMAN
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