320 E Main Street Colfax, IL $ 300,000
320 E Main Street
$ 300,000
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320 E Main Street

Colfax, IL, 61728
$ 300,000
Bedrooms1 Baths0.0 Sq 5,487

Monthly Estimate*

$ 2,096

320 E Main Street, Colfax, IL 61728 - Image 1
320 E Main Street, Colfax, IL 61728 - Image 2
320 E Main Street, Colfax, IL 61728 - Image 3
320 E Main Street, Colfax, IL 61728 - Image 4
320 E Main Street, Colfax, IL 61728 - Image 5
320 E Main Street, Colfax, IL 61728 - Image 6
320 E Main Street, Colfax, IL 61728 - Image 7

Multi-Family Home for sale in Colfax, IL

for $300,000 with 1 bedroom. This 5,487 square foot home was built in 1984 on a lot size of 0.79.

COLFAX - FOR SALE - 10 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 34 additional units in Gibson City, Illinois. The MLS# for that property is MLS#11617011.

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Multi-Family Contingent

Price

$ 300,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 4,906

Style

Multi-Family

Lot Size

0.79

Year Built

1984

Town/City

Colfax

County/Region

McLean

MLS | Web ID

11617016

Features
General
Cooling Wall Sleeve
Roof Fiberglass
Zoning MULTI
Construction Materials Wood Frame
Year Built 1984
Electric Separate Meters
Tenant Pays Air Conditioning Electricity Heat
Stories 1
Township Martin
Tax Year 2021
Current Use Multi-Family
Gross Income 0
County McLean
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
Status Contingent
Directions I-57 to IL-54 to E 1200N / E 3rd St. to IL-47 to IL-165 to N Harrison to E Main.
City Colfax
Total Units 10
MLS Area Colfax
Lot Size Square Feet 34500
Street Name Main
Tax Annual Amount 4906
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 569
Standard Status Active Under Contract
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 5487
Lot Dimensions 150 X 230
Lot Size Acres 0.79
Frontage Type City Street
Exterior Vinyl Siding
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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

$2,504
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,096
Monthly Property Taxes
$409
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/30/2022$300,000 Listed Price

Map


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320 E Main Street, Colfax, IL, 61728 is a Multi-Family Home for sale at $300,000 with 5,487 sqft and a lot size of 0.79. 320 E Main Street has 1 bedrooms, 0.0 baths, and was built in 1984. The property's zip code is 61728 which is in Colfax, IL