240 State Street, Lovington, IL
$125,000
Active - Under Contract
0.71 Acres
About 240 State Street
Great investment opportunity! ~$32,400k annual rent and close to $14,200 net operating income! Unit 1 currently occupied but will be empty soon. Unit 2 currently leased for $950/mo (utilities included) , unit 3 currently leased for $950/mo (utilities included). There is on site coin laundry, large open lot and each unit has its own entrance. Units 1 and 3 are handicap accessible and the laundry area has access to the basement in case of bad weather. SHOWINGS can start 4/27
Facts & Features
| MLS® # | 6226772 |
|---|---|
| Price | $125,000 |
| Bathrooms | 0.00 |
| Acres | 0.71 |
| Year Built | 1975 |
| Type | Single Family |
| Sub-Type | Triplex |
| Style | Ranch |
| Status | Active - Under Contract |
| Taxes | $4,822 |
| Tax Year | 2021 |
Community Information
| Address | 240 State Street |
|---|---|
| Subdivision | N Cheevers Add |
| City | Lovington |
| County | Moultrie |
| State | IL |
| Zip Code | 61937 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Gas Water Heater, Oven, Refrigerator |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Has Basement | Yes |
| Basement | Finished, Partial |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Handicap Accessible |
|---|---|
| Roof | Shingle |
| Construction | Brick, Vinyl Siding |
| Foundation | Basement |
School Information
| District | ALAH Dist 305 |
|---|
Additional Information
| Date Listed | April 26th, 2023 |
|---|---|
| Days on Market | 31 |
| Zoning | COM |
Listing Details
| Agent | Tony Piraino |
|---|---|
| Office | Brinkoetter, Realtors |