101 W Richardson Street, Farmer City, IL 61842
Local realty services provided by:CENTURY 21 Circle
101 W Richardson Street,Farmer City, IL 61842
$115,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: carol meinhart
Office: the real estate group,inc
MLS#:12493120
Source:MLSNI
Price summary
- Price:$115,000
About this home
Searching for a turn-key investment property with dependable income potential? This well-maintained duplex is a fantastic opportunity for both seasoned investors and those looking to grow their portfolio. With a strong rental history and consistently easy-to-rent units, this property is set up for immediate cash flow from day one. Major updates include a newer roof installed in 2024, offering added value and peace of mind for years to come. One unit features newer wood flooring, while both kitchens are finished with durable tile flooring and have been exceptionally well-maintained. One of the units has also been thoughtfully updated with oak kitchen cabinetry, newer countertops, sink, faucets, and updated bathroom fixtures, creating an attractive and comfortable living space for tenants. All kitchen appliances stay with the property, and each unit is separately metered for utilities. The property features baseboard heat and window air conditioning units, helping keep maintenance simple and efficient. Tenants are responsible for mowing and trash service, making this an even more appealing low-maintenance investment. Dedicated gravel parking is available for each unit for added convenience. Unit 101 currently rents for $550 per month and is leased through January 2028, providing long-term stability. Unit 101 1/2 rents for $650 per month, adding to the property's steady income stream. Whether you are looking to expand your investment portfolio or purchase your first income-producing property, this duplex is a smart opportunity with reliable rental income already in place....
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Home facts
- Year built:1978
- Listing ID #:12493120
- Updated:June 20, 2026 at 07:54 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:12
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1978
Schools
- High school:Blue Ridge High School
- Middle school:Blue Ridge Junior High School
- Elementary school:Schneider Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$115,000
- Tax amount:$3,156 (2024)
Parking
- Total parking spaces:4
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