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200 N Melvin Street Gibson City, IL $ 1,300,000
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$ 1,300,000 Get more info
200 N Melvin Street
$ 1,300,000
Back to search
Share Save

200 N Melvin Street

Gibson City, IL, 60936
$ 1,300,000
Bedrooms1 Baths0.0 Sq 32,448

Monthly Estimate*

$ 9,081

200 N Melvin Street, Gibson City, IL 60936 - Image 1
200 N Melvin Street, Gibson City, IL 60936 - Image 2
200 N Melvin Street, Gibson City, IL 60936 - Image 3
200 N Melvin Street, Gibson City, IL 60936 - Image 4
200 N Melvin Street, Gibson City, IL 60936 - Image 5
200 N Melvin Street, Gibson City, IL 60936 - Image 6
200 N Melvin Street, Gibson City, IL 60936 - Image 7
200 N Melvin Street, Gibson City, IL 60936 - Image 8
200 N Melvin Street, Gibson City, IL 60936 - Image 9
200 N Melvin Street, Gibson City, IL 60936 - Image 10
200 N Melvin Street, Gibson City, IL 60936 - Image 11
200 N Melvin Street, Gibson City, IL 60936 - Image 12
200 N Melvin Street, Gibson City, IL 60936 - Image 13

Multi-Family Home for sale in Gibson City, IL

for $1,300,000 with 1 bedroom. This 32,448 square foot home was built in 1912 on a lot size of 1.47.

GIBSON CITY - FOR SALE -34 UNITS - The property is part of the Section 515 program through the U.S. Dept. of Agriculture. The rents are subsidized through this program. All buyers should be knowledgeable and qualified to purchase. Qualified buyers should have working knowledge of these types of government subsidized programs and qualified with the USDA to purchase. Financials available for qualified buyers. This property is being sold as a package with 10 additional units in Colfax, Illinois. The MLS# for that property is MLS#11617016.

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Multi-Family Contingent

Price

$ 1,300,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 15,440

Style

Multi-Family

Lot Size

1.47

Year Built

1912

Town/City

Gibson City

County/Region

Ford

MLS | Web ID

11617011
Features
General
Cooling Central Individual
Roof Fiberglass
Zoning MULTI
Construction Materials Brick
Year Built 1912
Electric Separate Meters
Tenant Pays Electricity Sewer
Stories 3
Tax Year 2020
Current Use Multi-Family
Gross Income 0
County Ford
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
Possible Use Multi-Family
Status Contingent
Directions I-57 to IL-54 to Melvin St.
City Gibson City
Total Units 34
MLS Area Gibson City
Lot Size Square Feet 64000
Street Name Melvin
Tax Annual Amount 15440
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 576
Standard Status Active Under Contract
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 32448
Lot Dimensions 400 X 160
Lot Size Acres 1.47
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Street
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* Excluded Features
List By
Mccolly Bennett Real Estate

Broker

bucktamblyn@mccolly.com

Email

Affordability Calculator

$10,368
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,081
Monthly Property Taxes
$1,287
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/30/2022$1,300,000 Listed Price

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200 N Melvin Street, Gibson City, IL, 60936 is a Multi-Family Home for sale at $1,300,000 with 32,448 sqft and a lot size of 1.47. 200 N Melvin Street has 1 bedrooms, 0.0 baths, and was built in 1912. The property's zip code is 60936 which is in Gibson City, IL

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