111 North Main Street

Leaf River, IL 61047

$142,500
Price
16
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This 6 unit building in Leaf River offers a mix of large 2 and 3 bedroom units. Currently 2 units are rented. The other 4 units are nearly ready for new tenants with a just few finishing touches needed. Each unit has it's own electric service and meter. The building owner pays for water, sewer and gas. The units are all electric, including heat. There is a private laundry area in each unit. The building offers some vinyl replacement windows, one completely remodeled unit, fresh paint and other updates...This 6 unit building in Leaf River offers a mix of large 2 and 3 bedroom units. Currently 2 units are rented. The other 4 units are nearly ready for new tenants with a just few finishing touches needed. Each unit has it's own electric service and meter. The building owner pays for water, sewer and gas. The units are all electric, including heat. There is a private laundry area in each unit. The building offers some vinyl replacement windows, one completely remodeled unit, fresh paint and other updates done in many units, a 2 car garage, metal roof, alley access, a secured storage room, a partial basement and excellent income potential. The 22'x112' lot north of the building is also included in this offering to provide off street parking for the tenants. The parcel number for the additional lot is 03-36-204-005. Building sold as-is. Buyer to verify all information.
  1. Listed by Eric Bird • Bird Realty

Property Details for 111 North Main Street

Area
Leaf River
Township
Leaf River
LISTING UPDATED: 09/24/2024 12:53 AM

Property Details for 111 North Main Street

StatusActive
MLS #12166630
Days on Market61
Taxes$2,880 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1900
Lot Size0.25 AC / 10,752 SF
CountyOgle County

Building Information for 111 North Main Street

Stories2Residences6Year Built1900Building Size-Lot Size0.25 AC / 10,752 SF

Property Information for 111 North Main Street

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: Short Notice OK
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Heat/Ventilation: Electric
  • Washer/Dryer Lsd: No
  • Num of Baths: 6.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 96X112
  • Stories: 2
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 29
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $1,300.00
  • Gross Scheduled Income: $15,600.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 1300
  • Water Expense Source: Owner Projection
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $264.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 111 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 111 North Main Street

Taxable ValueLand$6,516Additions$28,248Total$34,764
Tax Record2023$2,632 ($219 / month)
Home Facts
Beds0Total Finished SqFt8,180 SqFtAbove Grade Finished SqFt8,180 SqFtStories2Lot Size8,288 SqFtStyleSingle Family ResidenceCountyOGLEAPN03-36-204-006

Schools near 111 North Main Street

This home is within Forrestville Valley Community Unit School District 221.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 12
Rating
School
Distance
Forreston Grade School
Public1 to 5

Forreston Jr/Sr High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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111 North Main Street is a multi-family home for sale in Leaf River, IL 61047. This property was listed for sale on September 17, 2024 by Bird Realty, it's currently listed at $142,500. It has been on the market for a total of 61 days and was last sold on May 3, 2017. This listing's school district is Forrestville Valley Community Unit School District 221. Nearby schools include Forreston Grade School and Forreston Jr/Sr High School. 111 North Main Street is a 16-bed, 6-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bird Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/24/2024 12:53 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.