421 N. 3rd Street, Rochelle. Conveniently located near downtown Rochelle in residential/commercial zoned neighborhood in RTHS and May Elementary School districts. Four - 2 bedroom apartments, 875 sq. feet per unit, including living room, dining room, kitchen and full bath plus private back porch and individual storage unit in basement. 7 spaces of off-street parking in gravel lot behind building with individual access to each unit. 3 street parking spaces in front of building. Front shared hallway for access. New steam heat boiler in 2015, new roof in 2009 new back porches in 2006, exterior tuck pointing 2007. Complete occupancy of all units during ownership and current tenant population includes three long term rentals (1,5,6,10 +years) Income 26,720/year (heat included in rent) 2015 Taxes $3819. Lot size 8118 sq. ft.
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