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407 N Western Avenue Minier, IL 61759 Multi Unit - Multiple New

New - 40 Hours Ago
  • 407 N Western Avenue , Minier, IL 61759 Main Photo

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Description

Turnkey investment opportunity with upside and location perks you don't find every day. This well-maintained duplex features two 2-bedroom units, each with its own basement and 1-car garage. Major updates have already been taken care of, including new vinyl siding, gutters, and an updated electrical box (all 2022), plus a new furnace and A/C in one unit. One side has been freshly refreshed with new paint, trim, windows, and doors-ready for an owner-occupant or to lease immediately-while the other unit is already generating $950/month in rental income. Back deck will be cleaned and resealed next week. Step out back and enjoy peaceful, open views with the property backing directly to Minier's newest park featuring walking trails, a dog park, playground, soccer fields, and even frisbee golf. The basements offer additional potential with studs already in place for finishing, giving you room to add value over time. Whether you're looking to live in one side and rent the other or expand your portfolio, this property checks the boxes for both comfort and cash flow.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Tazewell
High School: Olympia High School
Subdivision: Not Applicable
Listed By:
RE/MAX Rising 309-340-1000
MRED MLS
$229,900
Est. $1,493/mo
4beds
2baths
2cars
New to the Market New
BEDS4 BATHS2 full MLS#12618249
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNot Applicable SCHOOLDistrict 16

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Ruhl&Ruhl Realtors
563.441.1776

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407 N Western Avenue , Minier, IL 61759.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $229,900$229,900$229,900
Down Payment $45,980$8,047$57,475
Monthly Mortgage Amount $1,073$1,353$1,397
Taxes $320$320$320
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$101$0
Monthly Estimated Total $1,493$1,874$1,817

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