360 Woodruff Street

Marseilles, IL 61341

$215,000
Last Sold Price
12
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investors wanted! Great Income property opportunity 6 unit rental property being offered for the very 1st time. Family owned for decades and the owner is ready to retire. Available is 2 unit 2 story building has 3 bedroom's and 1 bath each side. Also, included is 4 unit 1 story building with 2/2 bedroom units and 2/1 bedroom units. Laundry area available for tenants. Ample parking for both properties. Note: All units are fully rented some with very long term multi year tenants. The building sits...Investors wanted! Great Income property opportunity 6 unit rental property being offered for the very 1st time. Family owned for decades and the owner is ready to retire. Available is 2 unit 2 story building has 3 bedroom's and 1 bath each side. Also, included is 4 unit 1 story building with 2/2 bedroom units and 2/1 bedroom units. Laundry area available for tenants. Ample parking for both properties. Note: All units are fully rented some with very long term multi year tenants. The building sits on a large private lot with ravine and mature trees.
  1. Listed by George Shanley • Coldwell Banker Real Estate Group

Sold By Coldwell Banker Realty

Property Details for 360 Woodruff Street

Area
Marseilles
Township
Rutland
Num Of Parking Spaces
12.0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 01/14/2022 02:01 AM

Property Details for 360 Woodruff Street

StatusClosed
MLS #10321608
Days on Market1022
Taxes$7,450 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built-
Lot Size1.41 AC / 61,420 SF
CountyLaSalle County

Location

Add your commute

Building Information for 360 Woodruff Street

Stories-Residences6Year Built-Building Size-Lot Size1.41 AC / 61,420 SF

Payment Calculator

$1,794 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,173

Property Taxes

$621

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 360 Woodruff Street

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Fuses
  • Basement Description: Unfinished, Crawl
  • Heat/Ventilation: Separate Per Unit
  • Misc Inside: Laundry Room
  • Num of Baths: 0.0
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Other
  • Built Before 1978: No
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 61420
  • Lot Size Square Feet: 61420.0
  • Stories: 2
  • Building Area Total: 5222
  • Lot Size Source: County Records
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2019-03-27T16:14:00
  • Photos Count: 27
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $276.00
  • Fuel Expense: $960.00
  • Gross Income: $38,380.00
  • Gross Scheduled Income: $39,500.00
  • Insurance Expense: $690.00
  • Maintenance Expense: $1,000.00
  • Electric Expense Source: Actual
  • Expense Year: 2017
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2017
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 3190
  • Water Expense Source: Actual
  • Net Operating Income: $23,295.00
  • Operating Expense: $16,204.00
  • Other Expense: $1,500.00
  • Trash Expense: $1,438.00
  • Water Sewer Expense: $2,760.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 1: 5
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 540
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 2: 5
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 500
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 3: 4
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 540
  • Monthly Income Max - 3: 540
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 4: 4
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 530
  • Monthly Income Max - 4: 530
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 5: 3
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 540
  • Monthly Income Max - 5: 540
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
  • # Of Full Bthrms - Type 6: 1
  • Monthly Income - 6: 540
  • Monthly Income Max - 6: 540
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 360 Woodruff 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 360 Woodruff Street

Taxable ValueLand$7,021Additions$58,856Total$65,877
Tax Record2022$7,075 ($590 / month)
Home Facts
Total Finished SqFt2,058 SqFtAbove Grade Finished SqFt2,058 SqFtLot Size60,113 SqFtStyleMiscellaneous CommercialYear Built1895CountyLASALLEAPN15-49-403-050

Schools near 360 Woodruff Street

This home is within Marseilles Esd 150 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Marseilles Elementary School
PublicPK to 8

Ottawa Township 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

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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. Based on information submitted to the MLS GRID as of 01/14/2022 02:01 AM. 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.