619,623,719,723 Beggs Lane

Marengo, IL 60152

MULTIPLE OFFERS...HIGHEST AND BEST PLEASE. PRESENTING ALL OFFERS AT 7:00 p.m. ON TUESDAY, AUGUST 20TH ATTENTION INVESTORS! Rare opportunity to create or add to your portfolio of income property. Four all brick units have 8 units each with approximately 550 sq. ft. (Two of the buildings were built in 1987, 1 in 1989 and 1 in 1991.) Room inventory of living room, kitchen and bedroom. Stove, refrigerator and unit wall air conditioner provided. Tenant pays all electric, landlord pays sewer, water and trash. 1st year lease for 1 year, than month to month. Long term tenants include 13 that have been over 5 years (7 being over 10 years!) 13 being 1-5 years, and 4 new in 2024, 2 vacant presently (1 being death.) As tenants vacate, updates are done including new flooring and painting entire unit, plus any other needed repairs...10 units have been done. Roofs were replaced in 2010 and 2011...Blacktop parking lot sealed in 2024. Location near 130 acre Indian Oaks Park and within minutes of full I90 interchanges, both at Rt 20 and Rt 23. Do not hesitate to make this a good financial investment!

Listing Courtesy of MRED as distributed by MLS Grid of CENTURY 21 New Heritage sandybc21@msn.com



Based on information submitted to the MLS GRID as of 2024-09-30 03:30 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-09-30 03:30 PM UTC
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