REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 492,000
Est. payment /mo
Price Dropped by $273K
107 S Franklin(2Properties) Polo, IL 61064
10,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $49
MLS Listing ID 202502715
Style 2 Story
Annual Tax Amount $17,232
Tax Year 2024
Property Sub-Type 5+ Units
Property Description
Incredible Investment Portfolio Opportunity in Polo, IL - 2 Multi-Unit Properties with 7 units! Now is your chance to purchase an exceptional portfolio of 2 income-producing properties in Polo, all with excellent rental history, strong tenant bases, and major updates already completed. Whether you're looking to expand your real estate portfolio or enter the multi-family market with confidence, this package delivers instant cash flow and long-term upside. Included Properties: 107 S Franklin Ave- A well-maintained mixed-use commercial building with two thriving storefronts and a gorgeous, fully renovated 2-bedroom apartment above. Stunning woodwork, over 2,000 sq ft of living space, and major updates including HVAC, roof, windows, and tuckpointing. 701 W Oregon St - A quiet 4-unit building on the edge of town with three 1-bedroom units and one 2-bedroom, each with their own garage space. Features beautifully updated tile showers, coin-operated laundry, and peaceful country views. All units have great cash flow from day one. Major mechanicals and cosmetic updates completed, and they are all in excellent locations within Polo. Buy individually or as a discounted portfolio package for maximum return and scale. These properties are rarely available in a bundled offering like this - don't miss your opportunity! Contact me today for financials, rent rolls, or to schedule private tours of each property!
Location
State IL
Rooms
Basement Slab
Interior
Hot Water Gas
Heating Baseboard, Electric, Forced Air, Natural Gas
Cooling Central Air, Wall Unit
Exterior
Exterior Feature Brick/Stone, Siding
Garage Spaces 18.0
Roof Type Shingle,Rubber
Building
Sewer City
Water City
Schools
Elementary Schools Polo
Middle Schools Polo
High Schools Polo Comm High
School District Polo 222
Listed by Re/Max of Rock Valley