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Off market
  • $273,200

    350 2nd Ave E, Milan, IL 61264

    8beds
    3,306sqft
    MultiFamily
    Built in 1967
    -- sqft lot
    $273,200 Zestimate®
    $83/sqft
    $1,056 Estimated rent

    What's special

    Excellent investor opportunity or Live in one and use other three for additional income. Four units all with two bedrooms and single bath. All four units have been completely remodeled. Four stall garage with openers, coin operated laundry, Storage room and workshop. All new windows, newer roof and additional insulation. Hot water heat with individual zones. Air Conditioning. All units consistently rented on 1 year renewing agreements. Great location with Milan park only a short walk. Cash on Cash return: 214,500 purchase 50,000 down 164,500 loan at 3% for 30yrs = $695 per month Yearly cash flow 13,600. 13,600 / 50,000 = 27% return on cash. Call 309-799-3214 or 563-529-2197

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Radiant, Gas
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Laminate
    Interior area
    • Total interior livable area: 3,306 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Detached, Off-street, On-street
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 10,018 sqft
    Details
    • Parcel number: 1624109002

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1967

    Community & neighborhood

    Location
    • Region: Milan
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.