275 North Main Street

Leland, IL 60531

$175,000
Price
4
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investors! Great Rental Here! 3 Unit That is fully Rented. 2 - 1 bedroom units and a 2 bedroom unit. Total of $1525 per month rental income. Tenants pay utilities except for Garbage and Water which is paid for by Landlord. Water Softener is rented and serviced by the Landlord. Yard care is provided by the Landlord. Roof is 5 to 7 years old. House Painted 3 years ago. Septic pumped in 2023. Entire house was rewired in the early 80's. 200 AMP service to the 2 bedroom unit. 100 Amp service to each of...Investors! Great Rental Here! 3 Unit That is fully Rented. 2 - 1 bedroom units and a 2 bedroom unit. Total of $1525 per month rental income. Tenants pay utilities except for Garbage and Water which is paid for by Landlord. Water Softener is rented and serviced by the Landlord. Yard care is provided by the Landlord. Roof is 5 to 7 years old. House Painted 3 years ago. Septic pumped in 2023. Entire house was rewired in the early 80's. 200 AMP service to the 2 bedroom unit. 100 Amp service to each of the single bedroom units. Each unit has independent breaker box. Forced Air Heat to the 2 bedroom Unit. Electric Baseboard to other single bedroom Units. Fridge, Stove and Window Unit in each unit owned by the Landlord. Landlord holding security deposits. No Laundry hookups in Building. Great opportunity with great return!
  1. Listed by Nathan Gudmunson • Coldwell Banker Real Estate Group

Property Details for 275 North Main Street

Area
Baker / Leland
Township
Adams
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Heat/Fuel
Natural Gas, Electric, Forced Air, Baseboard

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute
LISTING UPDATED: 03/15/2024 12:06 AM

Property Details for 275 North Main Street

StatusActive
MLS #11998293
Days on Market86
Taxes$4,140 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Story Unit/S
Year Built-
Lot Size0.33 AC / 14,374 SF
CountyLaSalle County

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute

Building Information for 275 North Main Street

Stories-Residences3Year Built-Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$1,300 per month

30 year fixed, 7.25% Interest

Principal and Interest

$955

Property Taxes

$345

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 275 North Main Street

General Information
School Information
  • Elementary School District: 1
  • High School District: 1
  • Middle Or Junior School District: 1
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Alley, Off Street
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Septic-Private
  • Water: Public
  • Other Equipment: Sump Pump
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 108 X 132
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt
  • General Information: None
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-03-13T17:22:37
  • Photos Count: 22
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $18,300.00
  • Insurance Expense: $1,150.00
  • Insurance Expense Source: Owner Projection
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Water Expense Source: Owner Projection
  • Trash Expense: $600.00
  • Water Sewer Expense: $430.00
  • Other Expenses $: 450
Unit 1
  • Unit Type Actual Rent: $725.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 00
Unit 2
  • Unit Type Actual Rent: $350.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/24
Unit 3
  • Unit Type Actual Rent: $450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 00

Property History for 275 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 275 North Main Street

Taxable ValueLand$4,465Additions$35,752Total$40,217
Home Facts
Beds0Lot Size6,534 SqFtStyleSingle Family ResidenceCountyLASALLEAPN04-08-200-004

Schools near 275 North Main Street

This home is within Leland Community Unit School District 1.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Leland Elementary School
PublicPK to 8

Leland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

275 North Main Street is a multi-family home for sale in Leland, IL 60531. This property was listed for sale on March 9, 2024 by Coldwell Banker Real Estate Group, it's currently listed at $175,000. This listing's school district is Leland Community Unit School District 1. Nearby schools include Leland Elementary School and Leland High School. 275 North Main Street is a 4-bed, 3-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Real Estate Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.