240 State Street, Lovington, IL


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


Is Waterfront No
Has Pool No


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 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

AgentTony Piraino
OfficeBrinkoetter, Realtors

Listing Map

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