Contact us: 563.441.1776
Description
Attention investors: This 2-flat property is a textbook fixer-upper being sold strictly AS-IS and needs a significant amount of work. Bring your tools, budget, and construction crew to unlock the full potential of this 1,952 sq. ft. asset. The major draw is the immediate ROI - Monthly Income: $1,425. Currently occupied by long-term mo-to-mo tenants who may be willing to stay. Each unit is 2 BR/1 BA and is highly desirable due to the inclusion of a full appliance package, including an in-unit washer and dryer. 1st Floor ($725/mo): Provides current stability with a newer furnace, new appliances, new water heater, and updated flooring. 2nd Floor ($700/mo): Needs considerable attention and features electric heat. The exterior includes vinyl siding and a large shared backyard. Also incls 976 sq. ft. unfinished basement Tenants are responsible for all utilities except garbage. This is a solid path to substantial equity for the motivated investor prepared for a full-scale renovation.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 4
Bathrooms: 2
County: Boone
Listed By:
Berkshire Hathaway HomeServices Starck Real Estate
815-459-5900
MRED MLS
MLS ID: 12384017
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11220 Us Route 20 Highway , Garden Prairie, IL 61038.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $189,900 | $189,900 | $189,900 |
| Down Payment | $37,980 | $6,647 | $47,475 |
| Monthly Mortgage Amount | $911 | $1,118 | $1,164 |
| Taxes | $264 | $264 | $264 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $84 | $0 |
| Monthly Estimated Total | $1,275 | $1,566 | $1,528 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/10/2026. The listing information on this page last changed on 04/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/10/2026 2:00:33 AM EST) or MRED MLS (last updated Fri 04/10/2026 1:56:56 AM EST) or SCWMLS (last updated Thu 04/09/2026 11:54:54 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 04/09/2026 10:15:33 PM EST) or Cedar Rapids MLS (last updated Thu 04/09/2026 10:44:51 PM EST) or NEIRBR MLS (last updated Fri 04/10/2026 1:18:52 AM EST) or ICAAR MLS (last updated Thu 04/09/2026 11:37:47 PM EST) or ECIMLS (last updated Thu 04/09/2026 11:44:26 PM EST) or RMLSA (last updated Fri 04/10/2026 1:11:07 AM EST) or Muscatine MLS (last updated Fri 04/10/2026 1:45:25 AM EST) or No Coast MLS (last updated Fri 04/10/2026 12:44:31 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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