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211 N Main Street
$215,000
Favorite
8
beds
3
baths

211 N Main Street

Farmer City, Illinois 61842
Closed / MLS #11206587 / Multiple Unit (2-4) / Farmer City
Listing information updated 12/15/2021 at 10:23am
High quality townhome complex. Desirable 3 unit building. With 2 single story units and 1 two story units. Both 3 bedrooms are ranch style and handicap accessible. The 2 bedroom home is upstairs. Each unit has their own 1 car attached garage, and elevated balcony style decks with views of the common area. Built new in 2004, these units are always rented with a waitlist. These rentals are the best show in town. They are high quality and cash flow beautifully. Each unit consistently brings in $725-$775/month. Tenant pays utilities. Over $26,000 in gross revenue, with an annual N.O.I of over 17k. Cap Rate is an attractive 7.74% Other quality units can be purchased in a much larger bundle. Lots of common space behind the home. Cheap interests rates make it a great time to buy investments. These are conveniently located near downtown and the square.

Full Features

Architecture Style:
Traditional
Exterior Type:
Vinyl Siding,Brick
Basement:
None
Beds Above Grade:
8
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
16-20 Years
Roof Type:
Asphalt
Parking Type:
Garage,Space/s - Driveway
Parking Spaces:
9
Garage:
Garage Door Opener(s),7 Foot or more high garage door
Room Count:
14
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre

Taxes & Assessments

Tax Amount:
$7,336
Tax Year:
2020

Location

Zip Code:
61842
City:
Farmer City
County:
De Witt

Schools

School District(s):
18
Elementary School:
Schneider Elementary School
Middle School:
Blue Ridge Junior High School
High School:
Blue Ridge High School

Listing Office: eXp Realty,LLC-Maho

Listing Office Phone: 217.239.7113

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2021 at 10:23am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$195,202
Average Sale Price
35
Average Days On The Market
94%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 211 N Main Street, Farmer City, IL 61842

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211 N Main Street is a multiple unit (2-4) which sold for $215,000. 211 N Main Street features 8 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties since September 1st, 2021 and was built in 2004. Nearby schools include Schneider Elementary School, Blue Ridge Junior High School, and Blue Ridge High School.

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