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$ 197,500
Est. payment /mo
New
302 S Vermillion ST Streator, IL 61364
5 Beds
3 Baths
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12677729
Bedrooms 5
Year Built 1885
Annual Tax Amount $2,920
Tax Year 2025
Lot Size 6,534 Sqft
Lot Dimensions 61x105
Property Sub-Type Two to Four Units
Property Description
Impressive 3-Unit with Strong Cash Flow! Current income and expenses indicate a cap rate above 10! Add this well-kept triplex to your portfolio or start building one with a property that offers solid rental income & attractive returns. Features include separate 100-amp electrical services, gas forced-air furnaces, some hardwood flooring, replacement windows, updated water lines, gas lines, water heaters, and addition of composite deck/porches. The spacious upper unit offers 3 bedrooms, while the lower north-side apartment enjoys its own covered porch-favored by the current tenant. A solid addition to an existing portfolio or an excellent opportunity for investors looking to enter the multifamily market. Interior photos are not provided to respect tenants' privacy. Each unit is clean & tidy!
Location
State IL
County Lasalle
Area Kangley / Streator
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Lot Description Corner Lot
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 44 , 44, 40
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Ellen Credi of Blackhawk Brokerage LLC