Views
Address
211 N Main Street Farmer City, IL
Price
$ 225,000
Property Attributes
  • MLS#11206587
  • TypeContingent
  • CountyDE WITT
  • CityFarmer City
  • AreaFarmer City
  • Zip61842
  • StyleTraditional
  • Year Built2004
  • Taxes$ 7336
  • Price$ 225,000
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3416
Listing Provided Courtesy Of:
eXp Realty,LLC-Maho
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

High quality townhome complex. Desirable 3 unit building. With 2 single story units and 1 two story units. Both 3 bedrooms are ranch style and handicap accessible. The 2 bedroom home is upstairs. Each unit has their own 1 car attached garage, and elevated balcony style decks with views of the common area. Built new in 2004, these units are always rented with a waitlist. These rentals are the best show in town. They are high quality and cash flow beautifully. Each unit consistently brings in $725-$775/month. Tenant pays utilities. Over $26,000 in gross revenue, with an annual N.O.I of over 17k. Cap Rate is an attractive 7.74% Other quality units can be purchased in a much larger bundle. Lots of common space behind the home. Cheap interests rates make it a great time to buy investments. These are conveniently located near downtown and the square.

Elementary School Middle School High School
Schneider Elementary School Blue Ridge Junior High School Blue Ridge High School
Price History
9/1/2021 Listed $225,000

General Features

Architectural Style Traditional
Basement None
City Farmer City
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Contingency Financing
County De Witt
Days on Market 65
Directions 74# WEST TO FARMER CITY. SOUTH TO #150. WEST TO MAIN ST. SOUTH ON MAIN TO PROPERTY.
Elementary School Schneider Elementary School
Elementary School District 18
Exterior Features Balcony, Deck
Garage Spaces 3
Grossincome 25980
Heating Natural Gas, Forced Air
High School Blue Ridge High School
High School District 18
MLS Area Farmer City
Middle/Junior High School Blue Ridge Junior High School
Middle/Junior School District 18
Net Operating Income 17944
New Construction No
Ownership Fee Simple
Possession Closing
Property Type Two to Four Units
Property Type Residential Income
Roof Asphalt
Sewer Public Sewer
Standard Status Active Under Contract
Status Contingent
Street Name Main
Tax Annual Amount 7336
Tax Year 2020
Total Rooms 14
Township Farmer City
Year Built 2004
Zoning MULTI

Interior Features

Basement None
Bedrooms Possible 8
Full Baths Building 3
Street Suffix Street
Total Baths 3
Total Bedrooms 8

Exterior Features

Buyerofficefax (217) 356-6116
Exterior Vinyl Siding, Brick
Foundation Details Block, Concrete Perimeter
Garage Onsite Yes
Garage Ownership Owned
Garage Type Attached
Lot Dimensions 61.3 X 120
Lot Features Common Grounds
Other Equipment CO Detectors, Ceiling Fan(s)
Parking Features Driveway
Total Parking 6
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 61842

Price
AVG $130K
$230K
Taxes
AVG $3,051
$7,336
Visits
AVG 116
224
Year Built
AVG 1959
2004
Walkscore
AVG 45
50
Data Provided by Walkscore ® not using MLS data

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