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105-109 NE 5th Avenue, Aledo, IL 61231

Sqft
2,816

View property features, location on map, relevant school information and overview from seller's agent.

Listed byAdam Merrick Real Estate
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Overview

Prime Investment Opportunity: 105-109 Northeast 5th Street, Aledo! Unlock incredible income potential in the heart of Aledo with this well-maintained four-unit building. This property represents a premier opportunity for investors seeking immediate cash flow and long-term stability. The strategic layout features two spacious two-bedroom units alongside two efficient studio units, ensuring a diverse appeal that caters to a wide range of local rental needs. What truly sets this investment apart is the perfect balance of stability and immediate growth. The building is currently anchored by reliable, long-term tenants, providing a solid foundation for your portfolio from day one. Additionally, one unit is currently vacant and move-in ready, offering the immediate upside of placing a new tenant at current market rates or even pursuing an owner-occupied financing strategy. Located within easy reach of local Aledo schools, parks, and downtown amenities, this turnkey multi-family property is built to perform. Whether you are expanding an existing portfolio or looking for a strong entry into the market, this is an income-producer you don't want to miss.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,816
Lot size (acres)
0.17
Year built
1938

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Baseboard, Electric, Forced air, Natural gas
Cooling
Window unit(s)
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$2,712

Taxes

Tax Annual Amount (2024)
$3,817

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: RMLS Alliance MLS®#: PA1263753 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.