1422-1426 5th Street, Lasalle, IL 61301
Local realty services provided by:CENTURY 21 All Pro Real Estate
1422-1426 5th Street,Lasalle, IL 61301
$122,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: janelle mccarter
Office: landmark realty of illinois llc.
MLS#:12454942
Source:MLSNI
Price summary
- Price:$122,000
About this home
INVESTOR OPPORTUNITY - TWO HOMES, TWO INCOME STREAMS! Why buy one property when you can acquire TWO homes on one parcel with established rental income? Conveniently located on Route 6 with quick access to I-39, this unique investment property offers immediate cash-flow potential and long-term flexibility. The larger home features 3 bedrooms and 1 bathroom and is currently rented for $1,150/month. It received updates in 2026, including new flooring and fresh paint throughout much of the home, providing a move-in-ready rental for the current tenant. The second home offers 1 bedroom and 1 bathroom and is also currently occupied, generating $750/month in rental income. Tenants currently pay their own utilities, helping keep operating expenses lower for the owner. Current combined rental income: $1,900/month, or $22,800 annually. With two separate homes, established tenants, and $1,900/month in current rental income, this is an excellent opportunity for investors looking to add multiple income-producing units to their portfolio in one purchase. Whether you're a seasoned investor or looking for your next cash-flowing property, this setup offers immediate income potential with room for future upside....
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Home facts
- Year built:1873
- Listing ID #:12454942
- Updated:October 30, 2026 at 12:28 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Basement Description:Partial, Unfinished
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1873
- Lot area:0.27 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$122,000
- Tax amount:$2,535 (2025)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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