520 Main Street, Pecatonica, IL

$500,000

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0.14

Acres

About 520 Main Street

Prime mixed-use investment opportunity in downtown Pecatonica! This 7-unit property features two storefronts and five residential apartments, including three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one 3-bedroom/1-bath unit. Currently generating approximately $6,000 per month in income, this property offers great cash flow and is an excellent addition to any investment portfolio. Many recent improvements have already been completed, including cosmetic updates throughout several of the apartments with updated flooring, paint, and more. A new furnace and water heater have also been recently installed. The building is has separately metered gas and electric, helping keep owner expenses low and operations efficient. Located right in downtown Pecatonica, this is a great opportunity to own an income-producing property with a mix of residential and commercial space. Financials available to qualified buyers.

Features of 520 Main Street

MLS® # 12767631
Price $500,000
Bathrooms 0.00
Acres 0.14
Year Built 1915
Type Commercial Sale
Sub-Type Multi Family 5+
Status New

Community Information

Address 520 Main Street
Area Pecatonica
City Pecatonica
County Winnebago
State IL
Zip Code 61063

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Roof Composition

Additional Information

Days on Market 2
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX of Rock Valley

Listing Map

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