Excellent opportunity to own a solid brick multi-unit building conveniently located in the heart of Canton. This well-maintained property features four spacious apartments — two on the main floor and two upstairs — plus a shared basement area with laundry and storage for tenants. Recent updates include a new EPDM rubber roof with fiber board base, extended to cover the roof edges, plus tuckpointing and new front porch steps, decking, and roof — all helping to reduce long-term maintenance costs. The building offers three 1-bedroom/1-bath units and one 1-bedroom (possible 2 bedroom)/1.5-bath unit, each with eat-in kitchens, full-size gas stoves and refrigerators, large living rooms, front and rear entrances, and off-street parking. One main-floor unit includes a handicap ramp for accessibility. All units are served by forced-air gas heat and central air conditioning. Rents currently include gas, electric, water, and trash, with below-market rental rates providing room for upside. This property is a turnkey income producer with strong cash flow and additional value potential through rent increases. Ideal for an investor seeking dependable returns in a stable Central Illinois market.
Pending
$115,000
227 W Pine St, Canton, IL 61520
4beds
5baths
2,624sqft
Est.:
Multi Family
Built in 1906
-- sqft lot
$-- Zestimate®
$44/sqft
$-- HOA
What's special
Solid brick multi-unit buildingFront and rear entrancesEat-in kitchensCentral air conditioningFour spacious apartmentsHandicap rampOff-street parking
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