275 N Main St, Leland, IL 60531
FOR SALE0.33 ACRES

275 N Main St
Leland, IL 60531

  • 4 Beds
  • 3 Baths
  • 4 Beds
  • 3 Baths

$175,000

Est. Mortgage $1,300/mo*
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We estimate this home will sell faster than 85% nearby.

Local Information

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Description

Investors! Great Rental Here! 3 Unit That is fully Rented. 2 - 1 bedroom units and a 2 bedroom unit. Total of $1525 per month rental income. Tenants pay utilities except for Garbage and Water which is paid for by Landlord. Water Softener is rented and serviced by the Landlord. Yard care is provided by the Landlord. Roof is 5 to 7 years old. House Painted 3 years ago. Septic pumped in 2023. Entire house was rewired in the early 80's. 200 AMP service to the 2 bedroom unit. 100 Amp service to each of the single bedroom units. Each unit has independent breaker box. Forced Air Heat to the 2 bedroom Unit. Electric Baseboard to other single bedroom Units. Fridge, Stove and Window Unit in each unit owned by the Landlord. Landlord holding security deposits. No Laundry hookups in Building. Great opportunity with great return!

Home Highlights

Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
48 days ago

Home Details for 275 N Main St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: FullNumber of Rooms: 11
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Heating & Cooling
Heating: Natural Gas,Electric,Forced Air,BaseboardHas HeatingHeating Fuel: Natural Gas

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Parking Spaces: 4Parking: Off Alley,Off Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Days on Market: 48

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: CedarNot a New ConstructionHas Additional Parcels
Property Information
Parcel Number: 0408200004

Price & Status

Price
List Price: $175,000
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Leland
School Information
Elementary School District: 1Jr High / Middle School District: 1High School District: 1

Agent Information

Listing Agent
Listing ID: 11998293

Lot Information

Lot Area: 0.33 acres

Listing Info

Special Conditions: None

Compensation

Buyer Agency Commission: 2.5% MINUS $250Buyer Agency Commission Type: See Remarks:
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11998293

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: 1 day ago
Listing courtesy of: Nathan Gudmunson, (815) 970-0001
Coldwell Banker Real Estate Group
Source: MRED as distributed by MLS GRID, MLS#11998293

Price History for 275 N Main St

DatePriceEventSource
03/09/2024$175,000Listed For SaleMRED as distributed by MLS GRID #11998293

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Property Taxes and Assessment

Year2022
Tax$3,729
Assessment$120,651
Home facts updated by county records

What Locals Say about Leland

  • Angelounk14
    "I see dogs all around, they love it here. And everyone is always so friendly towards them! "
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LGBTQ Local Legal Protections

Nathan Gudmunson, Coldwell Banker Real Estate Group
Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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. Some IDX listings have been excluded from this website. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
275 N Main St, Leland, IL 60531 is a 4 bedroom, 3 bathroom multi-family. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Mar 9, 2024. The MLS # for this home is MLS# 11998293.