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219 N Ford Street

Marengo, IL 60152
  • $644,000
  • STATUS: Active Under Contract
  • ON SITE: 200 Days
  • MLS #: 11116190
Under Contract
UPDATED: 228 min ago
$644,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:

School Ratings & Info

Description

RETIRING OWNERS HAVE OWNED FOR MANY YEARS. ALL UNITS HAVE FIREPLACES, 2BD, 2BATH, LL FR, EAT IN KITCHENS, TENANTS PAY ELECTRIC, WATER NOT SEPERATED OUT YET SO BUILDING PAYS. XLNT OPERTUNITY FOR SAVVY OR NEW INVESTOR. ALL UNITS RENTS BELOW MARKET AND ROOM FOR INCREASES, OR READY TO TURN CONDO GREAT BUILDING AND LOCATION, ALSO AVAILABLE WITH 3UNIT NEXT DOOR OFFERED AT $276000 AGENTS/ BROKERS AND ALL PROSPECTS INSTRUCTED NOT TO DISTURB ANY TENANTS BE PROFESSIONAL.. OFFER VERBALLY ACCEPTED/ PAPERWORK PENDING. MAKE OFFER ON 3 UNIT

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-19T23:57:53.813 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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219 N Ford Street Marengo, IL 60152

  • Price: $644,000
  • Status: Active Under Contract
  • On Site: 200 Days
  • Updated: 228 min ago
  • MLS #: 11116190
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1975
Built
Neighborhood:
Harmony / Marengo
County:
McHenry
Area:
Harmony / Marengo
Property Description
RETIRING OWNERS HAVE OWNED FOR MANY YEARS. ALL UNITS HAVE FIREPLACES, 2BD, 2BATH, LL FR, EAT IN KITCHENS, TENANTS PAY ELECTRIC, WATER NOT SEPERATED OUT YET SO BUILDING PAYS. XLNT OPERTUNITY FOR SAVVY OR NEW INVESTOR. ALL UNITS RENTS BELOW MARKET AND ROOM FOR INCREASES, OR READY TO TURN CONDO GREAT BUILDING AND LOCATION, ALSO AVAILABLE WITH 3UNIT NEXT DOOR OFFERED AT $276000 AGENTS/ BROKERS AND ALL PROSPECTS INSTRUCTED NOT TO DISTURB ANY TENANTS BE PROFESSIONAL.. OFFER VERBALLY ACCEPTED/ PAPERWORK PENDING. MAKE OFFER ON 3 UNIT
Exterior Features

Exterior Building Type BrickFrameBlock Foundation Details Concrete Perimeter Frontage Type City StreetPublic RoadPaved Land Amenities Curbs And GuttersLighting/ExteriorSidewalksCable Ready Outdoor Parking 13-18 Spaces Parking Total 15 Roof CompositionFiberglass Roof Structure HipTruss

Interior Features

Cooling Central Air Fireplaces Total 7 Heat Ventilation Electric Number Of Dryers 7 Number Of Washers 7

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Multi-Family Gross Income 79800 Gross Scheduled Income 79800 Insurance Expense 1000 Maintenance Expense 0 Net Operating Income 64000 Operating Expense 14500 Ownership Types Individual Possible Use CondominiumDevelopmentMulti-FamilySingle Family Seller Needs CashNew OpportunityTax Deferred Exchange Tax Annual Amount 14500 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 6650 Type Multi Family 5+ Utilities Sanitary SewerSewer-Storm AvailableWater-Municipal Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Suburban.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-19T23:57:53.813 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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