65 Locust Street
Galesburg, IL 61401

$1,200,000

Excellent multi family investment in this 24-unit, fully leased complex in Galesburg, Illinois. Competitively priced at $50,000/unit, each of the six buildings has 4 units with 12 two bedroom and 12 three bedroom (some with 1.5 bathrooms) units averaging 1,100 SF. Each unit is allocated at least 2 parking spots with carports available for most units. There is a 2 stall garage on site for maintenance and/or owner use. These desirable units provide space for tenants of all types - professionals, families and those working from home needing dedicated office spaces. Roofs, ACs, and heat pumps were all updated within the past 5 years. Units have...read more been renovated with flooring, cabinetry, windows and bathroom remodels as theyve been turned. Tenants pay electric and owners pay water/sewer/garbage. Rent roll, expenses, photos of additional units and a video walkthrough of units are available on request. See also MLS #PA1270916.

Property Highlights

  • Cooling

    Central Air

  • Heating

    Forced Air, Gas

  • Taxes

    $21,513 Taxes

  • Water

    Public Sewer

  • Year Built

    Built in 1971

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