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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12100524
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
Interior
Fireplace N
Exterior
View Y/N true
Others
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Robert Drafke • Concentric Realty, Inc