Richmond IL Multi Family for Sale
$625,000
3904 E Solon Road Richmond, IL 60071
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 1 Acres
- Baths:
- 4.00
- MLS#:
- 12135320
View additional info
Courtesy: Baird & Warner
815-459-1855
ADDITIONAL INFORMATION
Turn-key investment property. Already updated including newer roofs (2021). new gutters and gutter guards, updated kitchens and baths. New flooring in all units.Solid tenants with leases already in place. Beautiful, quiet setting for this compound of three structures. A super cute single family home with a basement; a renovated barn-type building with two light & bright apartments, huge heated garage with 12 foot door, and a big storage area. There's also additional income to be had by renting out the extra two story, freshly painted barn (also with a newer roof.)
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1950
- Baths:
- 2.00
- MLS#:
- 12120299
View additional info
Courtesy: RE/MAX Plaza
815-385-6770
ADDITIONAL INFORMATION
Great property for either an investor or an owner occupant at an affordable price and POSITIVE CASH FLOW!! Two side by side large two bedroom apartments each with their own laundry. The building is on village water and sewer and is located walking distance to downtown Richmond shopping district, shops and restaurants. Backs up to bike path. Tenants responsible for their own gas, electric and garbage. The owner pays for water and sewer. Many recent improvements include newer furnaces within 5 years and a new roof in 2015. Low rents with upside potential. Fantastic opportunity!!! Keep as investment property, live in 1, rent out other or convert to 4 br 2 bath home. either way a great deal!
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Richmond Real Estate
The median home value in Richmond, IL is $350,000. This is higher than the county median home value of $288,600. The national median home value is $338,100. The average price of homes sold in Richmond, IL is $350,000. Approximately 42.62% of Richmond homes are owned, compared to 42.86% rented, while 14.52% are vacant. Richmond 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 Richmond real estate agent to arrange a tour today!
Richmond, Illinois has a population of 2,263. Richmond is less family-centric than the surrounding county with 19.27% of the households containing married families with children. The county average for households married with children is 33.95%.
The median household income in Richmond, Illinois is $55,964. The median household income for the surrounding county is $93,801 compared to the national median of $69,021. The median age of people living in Richmond is 41.9 years.
Richmond Weather
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 14.3 degrees. The average rainfall is approximately 36.2 inches per year, with 42.9 inches of snow per year.