217 W North Street

Plano, Illinois 60545

Davia Lipscher

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Property Type
Multiple Unit (2-4)

Available for sale immediately this top and bottom 2 flat / 2 unit residential property / duplex features 2 bedrooms and 1 bath in each unit, newer roof, new furnaces in 2010, separate utilities, a shed, new exterior staircase, decent yard, and private entrances. Built as a 2 unit, not modified. In overall good shape. Duplexes in this area are a rarity these days so don't expect this asset to last long! Second floor lease expires end of May so there is opportunity for an owner occupied scenario as well as passive investment. For an owner occupied scenario a lender will typically allow 75% of the rental income towards DTI and there is typically no reserve required in addition to closing costs and down payment. This could help a buyer qualify for the loan. An owner occupier could significantly decrease their living expenses in this asset, claim depreciation on the rental unit to decrease their taxable income, and enjoy other benefits of ownership. Easy to tour with 24 hour notice.

Full Features
Exterior Type: Aluminum Siding
Basement: Unfinished
Beds Above Grade: 4
Heating System: Gas
Pool: No
Age: Unknown
Parking Type: Space/s
Parking Spaces: 6
Room Count: 8
Water Front: No
Square Feet: N/A
Tax Amount: $4,641
Tax Year: 2019

Taxes & Assessments
Taxes: $4,641

Listing information updated 2/17/2021 at 11:03pm

Listing Office: Kirch Property Management

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School District(s)
Plano CUSD 88
Elementary School
Centennial Elementary School, P H Miller Elementary School, Emily G Johns School
Middle School
Plano Middle School, Emily G Johns School
High School
Plano High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

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217 W North Street Plano, Illinois 60545 is a multiple unit (2-4) currently listed at $180,000. 217 W North Street features 4 bedroom(s) and 2 bath(s). This multiple unit (2-4) has been listed on @properties since February 3rd, 2021 and was built in U. Nearby schools include Centennial Elementary School, P H Miller Elementary School, Emily G Johns School. Want to learn more about 217 W North Street Plano, Illinois 60545? Contact an @properties agent to request more info.

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