Fully Occupied Multifamily in Sterling, IL

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Sale Price:199,000
Address:1813 Locust Street, Sterling, IL, 61081
SF:6700
Property type:Multi-family
MLS:08659592

Contact Broker

Denise Weinmann
dweinmann@rvgcommercial.com
cell: 815-739-9382
Address: 1813 Locust Street, Sterling, IL, 61081

SOLD!!!

Multifamily property in Sterling, IL.

8.48% Cap Rate! Fully Occupied! Great Investment Opportunity! Close to downtown, close to amenities, lots of parking! This property contains 2 efficiencies, 6 one-bedroom, and 2 two-bedroom apartments (one of which is 2 story with 1.5 baths). Also, a freestanding retail building generating $600 per month rent. NOI $22,530. Co-listed with Re-Max Sauk Valley.

1813 Locust Flyer