612 E 3rd AvenueGrand Tower, IL 62942

Description

Welcome to Walker Hill, a multi-family investment opportunity located in the scenic countryside of Grand Tower, IL. Set in a peaceful rural setting, the location offers tenants a quiet lifestyle while giving investors the chance to unlock tremendous value. This property consists of four buildings with a total of 12 units, 10 one-bedroom apartments (including one fully handicap accessible) and 2 two-bedroom units. Each unit features one bathroom, a generously sized pantry, and ample storage space, Currently, one unit is occupied while the remaining units require varying levels of renovations. Currently operating as income-based subsidized housing. 24 hr notice required for showing occupied units. The property includes a coin-operated laundry facility, providing an added income stream for owner and convenience for tenants. The property is currently in foreclosure and is being sold strictly as is. Whether you're expanding your portfolio or searching for your next high-potential project, Walker Hill delivers an all-in-one investment.

Property Information

Property type

Commercial Sale

Sub-type

Multi Family

Year built

1988

Stories

1

Building area

1,250 Sq Ft

Lot size

3.19 acres

Lot dimensions

315x441

Days on market

79

MLS^® Listing#

12701483

Property Features

Cooling

Central Air

Construction

Brick · Aluminum Siding

Foundation

Concrete Perimeter

Parcel number

1625201002

Directions

Route 149 to Route 3 head South to Power Plant Road. Turn left onto 3rd Avenue. The property is on the left.