$134,000
$134,000
For more information regarding the value of a property, please contact us for a free consultation.
502 W MAIN ST Elmwood, IL 61529
2,984 SqFt
Key Details
Sold Price $134,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 2,984 sqft
Price per Sqft $44
Subdivision Wilcox & Cone
MLS Listing ID PA1240704
Sold Date 04/03/23
Year Built 1900
Annual Tax Amount $2,435
Tax Year 2021
Lot Dimensions 99x156
Property Sub-Type Residential Income
Source rmlsa
Property Description
Great investment property right in the town of Elmwood. 3 units, 2 car garage, large corner lot, huge wrap around porch, 3 different entrances. 502 has Kit / LR / 2BD, laundry & rents for $600. 502A has Kit / LR / 1BD & rents for $600. 502B has Kit / LR / 2BD / basement / laundry & rents for $625. Property sold AS IS -- any appliances also AS IS. 502B has new furnace. 502 furnace is 5 years old. 502A doesn't have laundry hookups but there is room to add possible laundry. Owner pays for mowing only. Per City of Elmwood Zoning, this property is zoned R-2 medium density residential. Tenants pay all utilities. Tenants don't have signed leases. One tenant has been there 9 years & 2nd tenant has been there 9 months. Must give 24 hour notice for showings.
Location
State IL
County Peoria
Area Paar Area
Zoning R-2
Direction S on Magnolia & W on Main St
Rooms
Basement Crawl Space, Partial, Unfinished
Interior
Heating Forced Air, Gas, Central Air
Fireplace N
Laundry Units Hook-Ups
Exterior
View true
Roof Type Shingle
Street Surface Paved
Garage 1
Building
Lot Description Corner Lot, Level
Faces S on Magnolia & W on Main St
Unit Features [{UnitTypeBedsTotal=2, UnitTypeType=Unit 1, RMA_FullBaths=1, RMA_HalfBaths=0, UnitTypeActualRent=600, RMA_NumberParking=0, RMA_NumberUncovered=0, RMA_FireplaceYN=N, RMA_NumberCovered=0, UnitTypeKey=RMA1323036Group_1}, {UnitTypeBedsTotal=1, UnitTypeType=Unit 2, RMA_FullBaths=1, RMA_HalfBaths=0, UnitTypeActualRent=600, RMA_NumberParking=0, RMA_NumberUncovered=0, RMA_FireplaceYN=N, RMA_NumberCovered=0, UnitTypeKey=RMA1323036Group_2}, {UnitTypeBedsTotal=2, UnitTypeType=Unit 3, RMA_FullBaths=1, RMA_HalfBaths=0, UnitTypeActualRent=625, RMA_NumberParking=1, RMA_NumberUncovered=1, RMA_FireplaceYN=N, RMA_NumberCovered=1, UnitTypeKey=RMA1323036Group_3}]
Foundation Block, Brick
Water Public Sewer, Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Elmwood
Middle Schools Elmwood
High Schools Elmwood
Others
Tax ID 11-07-403-004
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP