REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,760,000
Est. payment | /mo
$ 1,760,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12100524
Maintenance Fees $4,500
Year Built 1940
Annual Tax Amount $10,225
Tax Year 2022
Lot Dimensions 10000 SQ FT
Property Sub-Type Multi Family 5+
Property Description
2 landmark Buildings centrally located in Downtown Rockdale. Multi Family does not come up often here for sale! 16 total rental units listed at a strong 8 CAP at list price. . 10- 2bd units and 6 -1bed units. All tenants are longer term tenants with no delinquencies. Lots of value add to increase rents. Annual Expenses for both buildings below: Taxes $10,225 Repairs $4,500 Vacancy $2,000 Water $3,300 Electric Gas $534 Insurance $10,752 Snow $1200 Trash $2400
Location
State IL
County Will
Area Rockdale
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 2
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Robert Drafke • Concentric Realty, Inc