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Moline Dispatch & Rock Island Argus
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bedrooms
bedrooms
13
bathrooms
bathrooms
0
square feet
square feet
0
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
1908
full baths
Full Baths
0
half baths
Half Baths
0
Exceptional Turnkey Investment Property Opportunity This spacious, rare property offers three well-maintained units, ideally located on a quiet block directly across from a STEM school. Completely renovated in 2022, the property generates an impressive $48,000 in annual revenue. Notable updates include a new roof and three new water heaters, as well as three furnaces (ranging from 2020 to 2022) and three new central air units. The back porch was also replaced in 2022. Two of the units are generously sized, each featuring five bedrooms and two bathrooms, while the third is a garden unit with three bedrooms and one bathroom. The property showcases hardwood floors, fresh modern paint, updated kitchens and bathrooms, and high ceilings throughout. The first and second-floor units are currently occupied by long-term tenants on month-to-month leases, while the garden unit is vacant. All tenants are reliable, consistently pay rent on time, and are open to continuing their leases or relocating if necessary. This property presents a profitable investment with quick potential for return. It is being sold AS IS with no known violations. The garden unit can be shown initially, and the remaining two units will be available for viewing once the property is under contract. Please do not disturb tenants.
Location
Subdivision -
County Cook
Elementary School -
Middle School -
High School -
Exact location data not provided
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open houses Open houses
None scheduled.
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MLS number: 12135454
Listing agent: Marcus Toussaint #475206712
Listing broker: Kale Realty (312) 939-5253
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 1 2025 at 6:00 p.m. EST
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