This 6 unit building in Leaf River offers a mix of large 2 and 3 bedroom units. Currently 2 units are rented. The other 4 units are nearly ready for new tenants with a just few finishing touches needed. Each unit has it's own electric service and meter. The building owner pays for water, sewer and gas. The units are all electric, including heat. There is a private laundry area in each unit. The building offers some vinyl replacement windows, one completely remodeled unit, fresh paint and other updates done in many units, a 2 car garage, metal roof, alley access, a secured storage room, a partial basement and excellent income potential. The 22'x112' lot north of the building is also included in this offering to provide off street parking for the tenants. The parcel number for the additional lot is 03-36-204-005. Building sold as-is. Buyer to verify all information.
The median home value in Leaf River, IL is $172,500. This is lower than the county median home value of $172,700. The national median home value is $338,100. The average price of homes sold in Leaf River, IL is $172,500. Approximately 69.53% of Leaf River homes are owned, compared to 22.32% rented, while 8.16% are vacant. Leaf River real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Leaf River real estate agent to arrange a tour today!
Leaf River, Illinois has a population of 488. Leaf River is less family-centric than the surrounding county with 19.44% of the households containing married families with children. The county average for households married with children is 27.12%.
The median household income in Leaf River, Illinois is $62,778. The median household income for the surrounding county is $67,534 compared to the national median of $69,021. The median age of people living in Leaf River is 42.8 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 37.6 inches per year, with 32.8 inches of snow per year.