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110 W Railroad Street Apple River, IL $ 198,000
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$ 198,000 Get more info
110 W Railroad Street
$ 198,000
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110 W Railroad Street

Apple River, IL, 61001
$ 198,000
Baths0.0 Sq 5,000

Monthly Estimate*

$ 1,186

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Studio

Commercial Property for sale in Apple River, IL

for $198,000. This 5,000 square foot building was built on a lot size of 0.14.

Prime Investment Opportunity! Discover this excellent investment property with a strong return. The building features three fully-occupied, two-bedroom apartments, providing consistent rental income. Additionally, the U.S. Postal Service leases part of the building, further enhancing its income potential. With stable tenants and a highly desirable cap rate of 13%, this property is an incredible opportunity for investors looking to add a high-performing asset to their portfolio. Don’t miss out on this great opportunity to maximize your returns!

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Commercial Active

Price

$ 198,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,733

Style

Mixed Use

Lot Size

0.14

Town/City

Apple River

County/Region

Jo Daviess

MLS | Web ID

202405288
List By
Danielle Cline

Listing Agent

Dc Rise Real Estate

Broker

dcline@dcrisere.com

Email

Affordability Calculator

$1,414
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,186
Monthly Property Taxes
$228
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4812578 Elementary School
4812576 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/18/2024$198,000 Listed Price

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110 W Railroad Street, Apple River, IL, 61001 is a Commercial Property for sale at $198,000 with 5,000 sqft and a lot size of 0.14. 110 W Railroad Street is a studio with 0.0 baths. The property's zip code is 61001 which is in Apple River, IL

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