998 Second Street

Lomax, IL 61454

$250,000
Price
Beds
4,200 Sq. Ft.
$60 / Sq. Ft.
4,200
Sq. Ft.
$60
per Sq. Ft.

Description

Low maintenance 4 unit apartment building with additional office rental space in the rear of the building. Stop by today a see all of the recent updates. This one is ready to produce a return on your investment on day one.Low maintenance 4 unit apartment building with additional office rental space in the rear of the building. Stop by today a see all of the recent updates. This one is ready to produce a return on your investment on day one.
  1. Listed by Eric Little • Crossroads Real Estate • Phone: 309-333-3588

Property Details for 998 Second Street

Parking Total
8.0
Subdivision Name
None
LISTING UPDATED: 10/14/2024 03:01 PM

Property Details for 998 Second Street

StatusActive
MLS #PA1215978
Days on Market1580
Taxes$3,168 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1920
Lot Size0.15 AC / 6,600 SF
CountyHenderson County

Building Information for 998 Second Street

Stories-Residences5Year Built1920Building Size-Lot Size0.15 AC / 6,600 SF

Property Information for 998 Second Street

Summary
Location and General Information
  • City: Lomax
  • County Or Parish: Henderson
  • Directions: Hwy 96 to Lomax, building at SW corner of Hwy 96 (Second St) and Aviston
  • Latitude: 40.6785784778057
  • Longitude: -91.0731248392868
  • MLSArea Minor: PAAR Area
  • Postal Code: 61454
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 12-22-127-006
  • Tax Annual Amount: $3,168
  • Tax Legal Description: LOTS 1 & 2 BLOCK 1001 VILLAGE OF LOMAX
  • Tax Year: 2019
School Information
  • High School: Illini West
Parking
  • Parking Features: On Street
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 4200.0
  • Lot Features: Level
  • Lot Size Dimensions: 40 x 165
  • Number Of Units Total: 5
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 1920
Utilities
  • Number Of Electric Meters: 5
  • Number Of Gas Meters: 5
  • Numberof Water Meters: 5
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Rubber
  • Construction Materials: Brick
Interior Features
  • Basement: Full, Unfinished
  • Heating: Forced Air, Gas, Central Air
  • Number Of Central Air Units: 5
  • Number Of Heating Units: 5
  • Number Of Water Heaters: 5
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $28,800
  • Gross Scheduled Income: $26,400
  • Insurance Expense: $1,500
  • Maintenance Expense: $1,200
  • Manager Expense: $0
  • Net Operating Income: $22,932
  • Operating Expense: $2,700
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 2400
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4

Property History for 998 Second Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 998 Second Street

This home is within Dallas Esd 327 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Dallas City Elementary School
PublicPK to 8

Illini West High School
Public9 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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998 Second Street is a multi-family home for sale in Lomax, IL 61454. This property was listed for sale on June 16, 2020 by Crossroads Real Estate, it's currently listed at $250,000. This listing's school districts are Dallas Esd 327 School District, Illini West H School District 307. Nearby schools include Dallas City Elementary School and Illini West High School. 998 Second Street is a 0-bed, 0-bath, 4,200 sqft multi-family home built in 1920.

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 Crossroads Real Estate

Based on information from one of the following Multiple Listing Services: RMLS Alliance. 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 RMLS Alliance 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.