520 Main ST, Pecatonica, IL 61063
520 Main ST, Pecatonica, IL 61063
520 Main ST, Pecatonica, IL 61063
520 Main ST, Pecatonica, IL 61063
520 Main ST, Pecatonica, IL 61063
520 Main ST, Pecatonica, IL 61063
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$ 500,000
Est. payment | /mo

8,000 SqFt


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$ 500,000
Est. payment | /mo
Save

8,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $62

MLS Listing ID 12767631

Year Built 1915

Annual Tax Amount $5,456

Tax Year 2025

Lot Size 6,098 Sqft

Lot Dimensions 50x50x90x90x

Property Sub-Type Multi Family 5+

Property Description

Prime mixed-use investment opportunity in downtown Pecatonica! This 7-unit property features two storefronts and five residential apartments, including three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one 3-bedroom/1-bath unit. Currently generating approximately $6,000 per month in income, this property offers great cash flow and is an excellent addition to any investment portfolio. Many recent improvements have already been completed, including cosmetic updates throughout several of the apartments with updated flooring, paint, and more. A new furnace and water heater have also been recently installed. The building is has separately metered gas and electric, helping keep owner expenses low and operations efficient. Located right in downtown Pecatonica, this is a great opportunity to own an income-producing property with a mix of residential and commercial space. Financials available to qualified buyers.

Location

State IL

County Winnebago

Area Pecatonica

Zoning COMMR

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Midwest Real Estate Data (MRED) IDX
Listed by Rebecca Hazzard of  RE/MAX of Rock Valley 

Nearby Locations

Legacy Property Management

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg IL, Other

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520 Main ST