Great investment opportunity! ~$32,400k annual rent and close to $14,200 net operating income! Unit 1 currently occupied but will be empty soon. Unit 2 currently leased for $950/mo (utilities included) , unit 3 currently leased for $950/mo (utilities included). There is on site coin laundry, large open lot and each unit has its own entrance. Units 1 and 3 are handicap accessible and the laundry area has access to the basement in case of bad weather.
SHOWINGS can start 4/27
Sold
$125,000
240 E State St, Lovington, IL 61937
9beds
3baths
--sqft
Triplex, Multi Family
Built in 1975
-- sqft lot
$174,500 Zestimate®
$--/sqft
$778 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 15, 2023 at 12:43pm
Listed by:
Tony Piraino 217-875-0555,
Brinkoetter REALTORS®,
Tosha Fair 217-493-8006,
Brinkoetter REALTORS®
Bought with:
Kristina Frost, 475200529
Glenda Williamson Realty
Source: CIBR,MLS#: 6226772
Originating MLS: Central Illinois Board Of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Oven, Refrigerator
Features
- Basement: Finished,Partial
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Handicap Accessible
Lot
- Size: 0.71 Acres
Details
- Parcel number: 020227406006
- Zoning: COM
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Triplex, Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Basement
- Roof: Shingle
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lovington
- Subdivision: N Cheevers Add
Other
Other facts
- Road surface type: Gravel
Services availability

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