Thomasboro, IL 61878,302 S John Street
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Thomasboro, IL 61878,302 S John Street
Thomasboro, IL 61878,302 S John Street
Thomasboro, IL 61878,302 S John Street
Thomasboro, IL 61878,302 S John Street

$267,500

Est. payment /mo

$262,500

1.9%
Est.Price: ?

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302 S John Street Thomasboro, IL 61878

8 Beds

0.41 Acres Lot

SOLD DATE : 05/24/2022

Key Details

Sold Price $267,500

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11308700

Sold Date 05/24/22

Style Ranch

Bedrooms 8

Year Built 1968

Annual Tax Amount $4,307

Tax Year 2020

Lot Size 0.410 Acres

Lot Dimensions 119 X 150

Property Description

I'm presenting an opportunity to buy a multi-family facility in a quaint little farming community called Thomasboro, which is just 11 miles north of Champaign, IL. Each building is a 4-plex for a total of 8 units (Please see the separate listing for 300 S. John as well). The exterior of both buildings appear to be in solid shape at a cursory glance. The flooring of most of the units have been replaced as units have turned over. Unit #3 has lived there prior to the owner purchasing it so there have been no upgrades to that unit. Each unit is 1,000 square feet and offers two bedrooms, one bathroom, kitchen & living room. Each unit also offers washer/dryer hookups. Many of the water heaters are newer. Several refrigerators and AC units have also been replaced since the owners purchased the portfolio. Stoves & refrigerators convey with the property. Washer/Dryer's are owned by the tenants. Tenants pay their own water, garbage, electric/gas, cable, internet, etc. RENT HAS NOT BEEN RAISED IN 8 YEARS!!! Here is an opportunity to immediately capture some value-add.

Location

State IL

County Champaign

Zoning MULTI

Rooms

Basement None

Interior

Heating Baseboard

Fireplace N

Exterior

Waterfront false

View Y/N true

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Thomasboro Elementary School

Middle Schools Thomasboro Junior High School

High Schools Rantoul City District

School District 130, 130, 137

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Jon Fisher • MR. LANDMAN
Bought with Brandon Moore • RE/MAX Choice

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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