Rare opportunity to own a 4-unit all brick rental property close to downtown. Rental income of $2,705 per month! This building consists of 1 - 2 bedroom, 1 bath apartment, and 3 - 1 bedroom, 1 bath apartments. Full basement, 2 new water heaters, and detached 2 car garage. All units have laundry facilities except apartment 3. Seller to provide Home Warranty.
Closed
$179,000
700 Lincoln Hwy, Rochelle, IL 61068
5beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$213,300 Zestimate®
$--/sqft
$1,357 Estimated rent
Home value
$213,300
$194,000 - $235,000
$1,357/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 13, 2023 at 11:50am
Listing courtesy of:
Jeff Reif 815-766-1071,
Hayden Real Estate, Inc.
Bought with:
Barry Cone
Century 21 Circle
Source: MRED as distributed by MLS GRID,MLS#: 11705802
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 8,928 sqft
- Dimensions: 72 X 124
Details
- Parcel number: 24243270100000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Rochelle
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2023 | Sold | $179,000-5.7% |
Source:  MRED as distributed by MLS GRID #11705802 | ||
| 3/4/2023 | Contingent | $189,900 |
Source: MRED as distributed by MLS GRID #11705802 | ||
| 2/13/2023 | Price change | $189,900-5% |
Source: MRED as distributed by MLS GRID #11705802 | ||
| 1/23/2023 | Listed for sale | $199,900+185.6% |
Source: MRED as distributed by MLS GRID #11705802 | ||
| 10/16/2018 | Sold | $70,000 |
Source: Agent Provided | ||
Public tax history
Tax history is unavailable.
Neighborhood: 61068
Nearby schools
GreatSchools rating
- 2/10Central Elementary SchoolGrades: 2-3Distance: 0.3 mi
- 5/10Rochelle Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Rochelle Twp High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: 231
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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