
Excellent income property opportunity in Bartelso, Illinois - 205 & 207 Walnut Street offers a well-maintained duplex with two occupied units generating $2,600/month in current gross rent. Unit 205 is a spacious 3-bedroom, 3-bathroom unit with a full unfinished basement, currently rented at $1,600/month. Unit 207 is a 2-bedroom, 2-bathroom unit with a full unfinished basement, currently rented at $1,000/month. Net Operating Income of approximately $26,694/year at a 6.86% cap rate. Both units are tenant-occupied with below-market rents, providing immediate upside at lease renewal. Parcel No. (PIN): 13-12-17-101-008. Offered at $389,000. Tenant-occupied - do not disturb. Contact listing agent for showing instructions.
| Type | School name | District name |
|---|---|---|
| High | Breese | Not available |
| Not available | Not available | Not available |
| Elementary | BARTELSO DIST 57 | Not available |
| Not available | Not available | Not available |
| Middle | BARTELSO DIST 57 | Not available |
| Not available | Not available | Not available |
| Juniorhigh | BARTELSO DIST 57 | Not available |
| Not available | Not available | Not available |
| Year | Tax amount | |
|---|---|---|
| 2024 | USD $5375 | AUD $7,728* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.
Email enquiry to Real Broker LLC
Property ID: 110119637361
Original Property ID: 3yd-MARISMO-26054005