1. Illinois
  2. Rochelle
  3. 200 N Washington Street
$385,000

200 N Washington Street, Rochelle, IL 61068

  • 6,984 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $55/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

A fantastic investment opportunity is now available in Rochelle, IL-a 5-unit commercial/multifamily brick building located in a prime downtown location, just minutes from I-39. This property offers excellent cash flow with minimal expenses for the landlord, making it an ideal low-maintenance asset. All units feature separate utilities, and the units are recently updated with all kitchen appliances staying. The building boasts a strong rental history with consistent occupancy. With very little upkeep required, this is a turnkey opportunity perfect for investors seeking reliable income in a growing market.

Listing Status:
Active
Listing Office:
RE/MAX of Rock Valley : 815-732-9100
Listing Agent:
Carla Benesh : 815-985-6235
MLS ID:
12345164
  • Basement: Unfinished
  • A/C: None

This listing courtesy of Carla Benesh, RE/MAX of Rock Valley

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Central Elementary School

444 N 8th St, Rochelle, IL, 61068

Grades 2-3

0.27 miles away

R

Rochelle Middle School

111 School Ave, Rochelle, IL, 61068

Grades 6-8

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.