1813 Locust Street Sterling, IL 61081

$199,000
1813 Locust Street, Sterling, IL 61081
Call 1-800-839-1363
08659592

Commercial Property for sale in Sterling, IL

for $199,000 with 5 bedrooms. The lot size is 100 X 246.

Property Information

  • $199,000
  • 5 Bedrooms
  • Commercial
  • Taxes are $8,367
  • 5+ Family
  • Active
  • 2 Floors
  • Lot size of 100 X 246
  • Sterling, IL
  • Whiteside County
  • MLS/Web ID is 08659592

Description

7.5% Cap Rate! Fully Occupied, a Great Investment Opportunity! Close to downtown, close to many area amenities, lots of parking! Co-listed with Re-Max Sauk Valley. This property contains 2 efficiencies, 6 one bedroom, and 2 two bedroom apartments (one of which is 2 story with 1.5 baths). Also, a freestanding retail building generating $600 per month rent. NOI $22, 530

Interior 1

Heating System

  • Gas
  • Hot Water

Exterior 1

Parking

  • 21-40 Parking Spaces

Rental 1

Tenant Pays

  • Electric

† Excluded Feature

Listed By

Broker: RVG COMMERCIAL REAL ESTATE

1813 Locust Street, Sterling, IL, 61081 is a Commercial Property for sale at $199,000 with a lot size of 100 X 246. 1813 Locust Street has 5 bedrooms and 0.0 baths. The property's zip code is 61081 which is in Sterling, IL

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Pricing History

Date Price Price Change Description
6/2/2015 $199,000 -5.19 % Price Change
4/15/2015 $209,900 -12.18 % Price Change
6/30/2014 $239,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Sterling $221,339 11 % above $136,850 31 % below
Commerical listings in Sterling $261,492 31 % above $199,000 0 % below

Get the facts about Sterling, IL!

Population 15,167
Population Growth (since 2000) -6 %
Median Income $41,939
Median Age 38
Households w/ Children 31 %

Residential Dwellings

  • Owned 3971
  • Vacant 585
  • Rented 2237

Similar Listings

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