902 Linden Street

Delavan, IL 61734

$395,000
Price
Beds
985 Sq. Ft.
$401 / Sq. Ft.
985
Sq. Ft.
$401
per Sq. Ft.

Description

An excellent investment opportunity presents itself in the form of 8 fully-occupied rental units managed by an experienced property manager. Taxes are estimated to be $9200 annually, with insurance at $3000 yearly. Rental rates range from $600 to $650 a month, with additional income generated from laundromat services. Tenants are expected to cover their respective utilities. The property, located at 902 Linden St, is situated on a one-acre plot of land with a total area of 7,874 square feet. Legal...An excellent investment opportunity presents itself in the form of 8 fully-occupied rental units managed by an experienced property manager. Taxes are estimated to be $9200 annually, with insurance at $3000 yearly. Rental rates range from $600 to $650 a month, with additional income generated from laundromat services. Tenants are expected to cover their respective utilities. The property, located at 902 Linden St, is situated on a one-acre plot of land with a total area of 7,874 square feet. Legal Lot Number and Block Number are 2 and 10 respectively, within the municipality of DELAVAN.
  1. Listed by Misael Chacon • Beycome brokerage realty, LLC

Property Details for 902 Linden Street

Parking Total
2.0
Subdivision Name
None

Location

Listing Courtesy of Beycome brokerage realty, LLC
Add your commute
LISTING UPDATED: 02/13/2024 02:01 PM

Property Details for 902 Linden Street

StatusActive
MLS #QC4249905
Days on Market82
Taxes$9,200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1996
Lot Size0.22 AC / 9,600 SF
CountyTazewell County

Location

Listing Courtesy of Beycome brokerage realty, LLC
Add your commute

Building Information for 902 Linden Street

Stories-Residences8Year Built1996Building Size-Lot Size0.22 AC / 9,600 SF

Payment Calculator

$2,922 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,156

Property Taxes

$767

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 902 Linden Street

Summary
Location and General Information
  • City: Delavan
  • County Or Parish: Tazewell
  • Directions: Turn right to Linden St
  • Latitude: 40.366311
  • Longitude: -89.541338
  • MLSArea Minor: QCARA Area
  • Postal Code: 61734
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 21-21-10-333-001
  • Tax Annual Amount: $9,200
  • Tax Legal Description: An excellent investment opportunity presents itself in the form of 8 fully-occupied rental units
  • Tax Year: 2022
School Information
  • High School: Abingdon-Avon
Parking
  • Parking Features: On Street
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 985.0
  • Lot Features: Level, Other
  • Lot Size Dimensions: 80x120
  • Number Of Units Total: 8
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: Other
  • New Construction: No
  • Year Built: 1996
Utilities
  • Number Of Electric Meters: 1
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $0
  • Water Source: Other
Interior and Exterior Features
Exterior Features
  • Roof: Other
  • Construction Materials: Other, Wood Siding
Interior Features
  • Basement: None
  • Heating: Other
  • Number Of Central Air Units: 1
  • Number Of Heating Units: 1
  • Number Of Water Heaters: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-9,200
  • Operating Expense: $0
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2

Property History for 902 Linden 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 902 Linden Street

Taxable ValueLand$19,090Additions$80,830Total$99,920
Tax Record2022$9,482 ($790 / month)
Home Facts
Total Finished SqFt7,874 SqFtAbove Grade Finished SqFt7,874 SqFtStories1Lot Size44,867 SqFtStyleMulti-Family Res (5+ Units)Year Built1996CountyTAZEWELLAPN21-21-10-333-001

Schools near 902 Linden Street

This home is within Delavan Community Unit School District 703.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Delavan Elementary School
PublicPK to 6

Delavan Jr High School
Public7 to 8

Delavan 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.

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902 Linden Street is a multi-family home for sale in Delavan, IL 61734. This property was listed for sale on February 6, 2024 by Beycome brokerage realty, LLC, it's currently listed at $395,000. It has been on the market for a total of 82 days and was last sold on February 25, 2022. This listing's school district is Delavan Community Unit School District 703. Nearby schools include Delavan Elementary School, Delavan Jr High School and Delavan High School. 902 Linden Street is a 0-bed, 0-bath, 985 sqft multi-family home built in 1996.

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 Beycome brokerage realty, LLC

Based on information from one of the following Multiple Listing Services: RMLS Alliance. 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 RMLS Alliance 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.