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$ 82,500
Est. payment | /mo
3,400 SqFt
$ 82,500
Est. payment | /mo
3,400 SqFt
Key Details
Property Type Multi-Family
Sub Type 2 Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $24
MLS Listing ID 202503354
Style 2 Story
Annual Tax Amount $2,392
Tax Year 2025
Property Sub-Type 2 Units
Property Description
Don't miss this unique chance to own a fully leased, income-generating property in the heart of Chana. Anchored by a long-term tenant—the U.S. Postal Service—this versatile building also features a spacious 3-bedroom apartment upstairs and a massive 1,500 sq ft garage space below. The apartment offers generous living space and rental income potential, while the garage provides flexibility—use it for personal storage or convert it into additional revenue as storage rentals. Updates include: new roof , gutters and north side of building siding in 2024. With tenants covering their own utilities and stable cash flow in place, this is a smart investment for both seasoned and first-time investors. Whether you're looking to expand your portfolio or start strong with a dependable asset, this property delivers on location, functionality, and income potential. Schedule your showing today!
Location
State IL
County Ogle County
Rooms
Basement Partial
Interior
Hot Water Gas
Heating Propane
Cooling None
Exterior
Exterior Feature Siding
Garage Spaces 3.0
Roof Type Shingle
Building
Sewer Septic
Water Shared
Schools
Elementary Schools Oregon Elementary
Middle Schools Oregon
High Schools Oregon High
School District Oregon 220
Listed by Re/Max of Rock Valley
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Brandy Graves
Broker-Associate | Lic# 475175567