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724 9TH Street Colona ,
Illinois IL 61241 Status Closed
Sold Date 2/24/2023
SqFt
1,440
County Henry
Subdivision Park Terrace
Year Built 1976
Property Type Residential Income
Property Sub Type Residential Income
Description
Side by side duplex with two bedrooms and one full bathroom each. Units rent for $675/month each. Two new furnaces, one new central air unit, and one newer washer. The property offers a 0.20 acre lot, fenced in back yard, two storage sheds, main level laundries, and the appliances stay with the property. . Tennants pay gas & electric and do their own lawn & snow removal. Landlord pays water & sewer (and garbage is included in that same bill).
Property Type
Residential Income
Property Sub Type
Residential Income
Parking Features
Parking Pad
Parking Total
2
Lot Size Dimensions
125 x 70
Lot Features
Level
County
Henry
Subdivision
Park Terrace
Year Built
1976
Basement
Crawl Space
Heating
Forced Air, Gas, Central, Gas Water Heater
Laundry Features
Owned Equipment, Private
Number Of Dryers
2
Number Of Refrigerators
2
Number Of Washers
2
Number Of Units Total
2
Structure Type
Duplex
Roof
Shingle
Water Source
Public Sewer, Public
Road Surface Type
Paved
Number Of Central Air Units
2
Number Of Electric Meters
2
Number Of Gas Meters
2
Number Of Heating Units
2
Number Of Water Heaters
2
Number Of Water Meters
2
Number Of Ranges
2
Manager On Site
no
Directions
84 to 9th ave to 9th st
High School
United Township
100 Year Plain
Yes
MLS Area Minor
QCARA Area
Gross Income
16200
Gross Scheduled Income
16200
Net Operating Income
11384
Tax Annual Amount
3395.92
Tax Year
2021
Tenant Pays
Lawn Care, Snow Removal
Operating Expense
1420
Insurance Expense
1000
Water Sewer Expense
420
Current Financing
Cash Only, Conventional, FHA, VA
Disclosed Short Sale
N
Buyer Agency Compensation
2.5
Dual Variable Compensation
yes
Documents Available
Legal Description
Documents Count
1
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The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed
The RMLS data on this page was last updated on Wednesday, April 17th, 2024.
Listed by: Why USA/Schramm & Assoc. Cell: 563-293-3161