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For sale
  • $837,000

    107 S Franklin Ave #3PROPERTIES, Polo, IL 61064

    --beds
    --baths
    10,000sqft
    : 
    5+ Units
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $84/sqft
    $-- HOA

    What's special

    Incredible Investment Portfolio Opportunity in Polo, IL – 3 Fully-Leased, Multi-Unit Properties with 11 units! Now is your chance to purchase an exceptional portfolio of three income-producing properties in Polo, all with excellent rental history, strong tenant bases, and major updates already completed. Whether you’re looking to expand your real estate portfolio or enter the multi-family market with confidence, this package delivers instant cash flow and long-term upside. Included Properties: 107 S Franklin Ave– A well-maintained mixed-use commercial building with two thriving storefronts and a gorgeous, fully renovated 2-bedroom apartment above. Stunning woodwork, over 2,000 sq ft of living space, and major updates including HVAC, roof, windows, and tuckpointing. 701 W Oregon St – A quiet 4-unit building on the edge of town with three 1-bedroom units and one 2-bedroom, each with their own garage space. Features beautifully updated tile showers, coin-operated laundry, and peaceful country views. 305 S Prairie Ave – Another solid 4-unit property, offering three 2-bedroom units and one 1-bedroom, also with garage spaces for each. Located close to schools, downtown, and the Polo pool. Includes on-site coin laundry and a consistent rental track record. All units are fully leased with great cash flow from day one. Major mechanicals and cosmetic updates completed and they are all in excellent locations within Polo. Buy individually or as a discounted portfolio package for maximum return and scale. These properties are rarely available in a bundled offering like this – don’t miss your opportunity! Contact me today for financials, rent rolls, or to schedule private tours of each property!
    74 days
    on Zillow
    |
    51
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: 9 hours ago

    Listed by:

    Rebecca Hazzard 815-509-8432,

    Re/Max Of Rock Valley

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202502715MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 107 S Franklin Ave #3PROPERTIES.

    Next available tour time:Tomorrow at 5pm

    Facts & features

    Interior

    Heating
    • Baseboard, Electric, Forced Air, Natural Gas
    Cooling
    • Central Air, Wall Unit(s)
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
    • Laundry: In Unit, Common Area
    Features
    • Has basement: No
    Interior area
    • Total structure area: 10,000
    • Total interior livable area: 10,000 sqft
    • Finished area above ground: 10,000
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 18
    • Parking features: Additional Parking
    • Garage spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Balcony
    Details
    • Additional parcels included: 1416261002, 1416211021
    • Parcel number: 1416301015

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Brick/Stone, Siding
    • Foundation: Slab
    • Roof: Rubber,Shingle
    Condition
    • Year built: 1985

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: City
    • Water: City
    • Utilities for property: Separate Utilities

    Community & HOA

    Community
    • Features: Storage Area
    • Subdivision: IL
    Location
    • Region: Polo

    Financial & listing details

    • Price per square foot: $84/sqft
    • Annual tax amount: $17,232
    • Price range: $837K - $837K
    • Date on market: 5/24/2025
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