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    217 W North Street

    Plano, IL 60545
    • $170,000
    • STATUS: Active
    • ON SITE: 74 days
    • MLS #: 10987331
    Price Reduced
    UPDATED: 33 min ago
    $170,000
    • 4
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    School District:
    88

    Description

    Available for sale immediately this top and bottom 2 flat / 2 unit residential property / duplex features 2 bedrooms and 1 bath in each unit, roof 2010, new furnaces in 2010, windows 2010, all plumbing and sewer line replaced 2010. Separate utilities, a shed, basement, new exterior staircase, decent yard, and private entrances. In overall good shape. Duplexes in this area are a rarity these days so don't expect this asset to last long! Second floor lease expires end of May so there is opportunity for an owner occupied scenario as well as passive investment. For an owner occupied scenario a lender will typically allow 75% of the rental income towards DTI and there is typically no reserve required in addition to closing costs and down payment. This could help a buyer qualify for the loan. An owner occupier could significantly decrease their living expenses in this asset, claim depreciation on the rental unit to decrease their taxable income, and enjoy other benefits of ownership. Easy to tour with 24 hour notice.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-04-19T23:52:32.78 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    217 W North Street Plano, IL 60545

    • Price: $170,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 10987331
    4
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Plano
    County:
    Kendall
    Area:
    Plano
    School District:
    88
    Property Description
    Available for sale immediately this top and bottom 2 flat / 2 unit residential property / duplex features 2 bedrooms and 1 bath in each unit, roof 2010, new furnaces in 2010, windows 2010, all plumbing and sewer line replaced 2010. Separate utilities, a shed, basement, new exterior staircase, decent yard, and private entrances. In overall good shape. Duplexes in this area are a rarity these days so don't expect this asset to last long! Second floor lease expires end of May so there is opportunity for an owner occupied scenario as well as passive investment. For an owner occupied scenario a lender will typically allow 75% of the rental income towards DTI and there is typically no reserve required in addition to closing costs and down payment. This could help a buyer qualify for the loan. An owner occupier could significantly decrease their living expenses in this asset, claim depreciation on the rental unit to decrease their taxable income, and enjoy other benefits of ownership. Easy to tour with 24 hour notice.
    Exterior Features

    Exterior Building Type Aluminum Siding Number Of Cars 6 Parking Space/S Parking On Site Yes Parking Ownership N/A Parking Total 6 Unit1 Floor Level 2 Unit2 Floor Level 1 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building No Appliances Features Unit1 None Appliances Features Unit2 None Basement Full Basement Description Unfinished Bathrooms Total Integer 2 Bedrooms Below Grade 0 Bedrooms Possible 4 Full Baths In Building 2 Full Baths In Unit1 1 Full Baths In Unit2 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Heating Natural Gas Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 2 Number Of Rooms Unit1 4 Number Of Rooms Unit2 4 Rooms Total 8

    Property Features

    Additional Parcels YN No Age Description Unknown Built Before1978 YN Yes Corporate Limits Plano General Information None Gross Income 21600 Lease Exp Date Mo Yr Unit1 0 Lease Exp Date Mo Yr Unit2 05/21 Lot Size Less Than .25 Acre Lot Size Dimensions 60X120 New Construction YN No Property Sub Type 2 Flat Rebuilt YN No Rehab YN No Security Deposit Unit1 0 Security Deposit Unit2 0 Sewer Public Sewer Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 4641.46 Tax Year 2019 Tenant Pays Unit1 ElectricGasHeatScavengerSewerWater Tenant Pays Unit2 ElectricGasHeatScavengerSewerWater Total Rental Income 21600 Unit1 Rent 900 Unit2 Rent 900 Water Source Public Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Kirch Property Management.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-04-19T23:52:32.78 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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