Fantastic cash flow opportunity! This fully updated 4-unit property is located on a large parcel with two separate buildings. The property features: Two 2-bedroom, 1-bath units rented at $900/month (tenant pays gas & electric) One 1-bedroom, 1-bath unit rented at $900/month (all utilities included) One studio unit rented at $750/month (all utilities included) Landlord covers water, trash, and lawn care. With a total monthly income of $3,450, this property offers excellent potential for steady returns. Well-maintained and low-maintenance, it’s the perfect addition to your investment portfolio!
All-Electric Triplex with Updated Unit & Extra Parcel – Great Investment Opportunity! This multi-family triplex is a fantastic find for investors or owner-occupiers! The property offers three 1-bed, 1-bath units, with Units A & B currently rented. Each rented unit includes a refrigerator, stove, and stackable washer/dryer, providing immediate rental income. Unit C is vacant and updated with new paint, flooring, lighting, bathroom vanity, windows, and a new HVAC system. It also includes a refrigerator and stove, making it move-in ready or available for new tenants. Keep it vacant for personal use or rent it out for added income. The property also comes with an extra vacant parcel, offering potential for future development or additional outdoor space. Don't miss out on this income-generating opportunity! Schedule your showing today!
The median home value in Sparta, IL is $147,500. This is higher than the county median home value of $111,400. The national median home value is $338,100. The average price of homes sold in Sparta, IL is $147,500. Approximately 51.73% of Sparta homes are owned, compared to 33.7% rented, while 14.57% are vacant. Sparta 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 Sparta real estate agent to arrange a tour today!
Sparta, Illinois has a population of 4,008. Sparta is more family-centric than the surrounding county with 35.78% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Sparta, Illinois is $57,375. The median household income for the surrounding county is $58,093 compared to the national median of $69,021. The median age of people living in Sparta is 37.1 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 43.9 inches per year, with 11.1 inches of snow per year.