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$160,000
2 Days Online

200 N Chicago Street
Magnolia, IL 61336

For Sale|Multi-Family|Active
County:
Putnam
Listing Courtesy of MRED as distributed by MLS Grid of HomeSmart Realty Group 630-578-0002
Call Now: 312-766-7076
Is this the home for you? We can help make it yours.
312-766-7076
200 N Chicago Street200 N Chicago Street200 N Chicago Street200 N Chicago Street
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Welcome to Magnolia, Illinois, where an incredible investment opportunity awaits! Introducing this exceptional 4-unit rental apartment building, strategically located in a serene setting that offers the best of both worlds. Whether you're seeking a cozy retreat near excellent hunting grounds or a reliable income generator for contractors or long-term tenants, this property has it all. This charming building boasts two units perfectly tailored for short-term rentals, providing an ideal escape for those looking to unwind amidst the tranquility of Magnolia's natural beauty. Nestled in close proximity to prime hunting areas, outdoor enthusiasts will relish the opportunity to indulge in their favorite pastime, making this an attractive option for vacationers and hunting enthusiasts alike. For those seeking a stable and profitable long-term investment, the remaining two units offer excellent potential. Ideal for contractors working on local projects or individuals in need of reliable and comfortable accommodations, these units provide the perfect balance of convenience and comfort. Each unit features two bedrooms and a well-appointed bathroom, ensuring the utmost comfort for residents. Convenience is further enhanced by the inclusion of coin-operated laundry facilities, providing added value and convenience for tenants. This amenity saves them time and effort while generating an additional income stream for the astute investor. Magnolia, Illinois, offers a peaceful and welcoming community with a strong rental market, making this property an outstanding opportunity for investors looking to make a sound investment. With its versatile layout and proximity to natural attractions, this 4-unit rental apartment building holds immense potential for both short-term and long-term rental success. Don't miss out on this rare chance to own a multi-purpose investment property in Magnolia. Seize the opportunity today and reap the rewards of owning a lucrative rental property in this sought-after location. Contact us now to schedule a viewing and secure your future in the thriving rental market of Magnolia, Illinois!

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Listing Snapshot
Price 
$160,000
Days Online 
2 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS Number 
11793439
Status 
Active
Property Tax 
$839
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS
3 days agoListing first seen online
General Features
Sewer 
Public Sewer
Basement 
Full
Water 
Public
General Information 
None
Rooms Total 
20
Lot Size 
Less Than .25 Acre
Interior Features
Heating 
Natural Gas
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Exterior Features
Roof 
Metal
Waterfront Property 
No
Community Features
Township 
Magnolia
MLS Area 
Magnolia
Schools
School District
535
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of HomeSmart Realty Group 630-578-0002



Based on information submitted to the MLS GRID as of 2023-05-30 12:50 AM 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: 2023-05-30 12:50 AM UTC
MRED DMCA Copyright Information Copyright © 2023 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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