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275 N Main Street, Leland, IL 60531

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For Sale

$175,000

4 beds • 3 baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family Home
    Property type

Explore this Property

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!
MLS# 11998293

Courtesy Of Coldwell Banker Real Estate Group

(815) 756-2557

Property Features

  • Heating Type
    Baseboard
  • Lot Size
    0.33 Acres
  • Sewer
    Septic
  • Style
    Other Style
  • Water
    City Water

Map and Directions

Directions to 275 N Main Street, Leland, IL 60531

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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