19478 SPRINGFIELD Road, Groveland, IL, 61535
R & R Realty
$569,000
Request info
Basics
- Date added: Added 1 month ago
- Category: Residential Income
- Type: Residential Income
- Status: Active
- Year built: 1979
- SubdivisionName: Pine Hill
- ListOfficeName: R & R Realty
- LeaseTerm: One Year or Less
- ListAOR: rmlsa
- MLS ID: RMAPA1257871
Description
-
Description:
Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.
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Location
- CountyOrParish: Tazewell
- Directions: Springfield Road to Groveland to 4 way stop signs - sits on corner.
Building Details
- ParkingTotal: 25
- NewConstructionYN: No
- Heating: Forced Air
- Basement: None
- Exterior material: Brick Partial, Wood Siding
- Roof: Shingle
- Parking: Parking Pad
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Zoned, Central Air
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