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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Sold
Purchase Type For Sale
Square Footage 5,174 sqft
Price per Sqft $125
Subdivision Not In A Subdivision
MLS Listing ID 26024101
Sold Date 06/15/26
Style Other
Year Built 1900
Annual Tax Amount $5,973
Lot Size 0.397 Acres
Acres 0.3967
Property Sub-Type 5 Family or More
Property Description
Prime investment opportunity in the heart of Main Street, Columbia. This fully occupied mixed-use building features six residential units (a mix of one- and two-bedroom apartments) along with one commercial space, offering immediate and stable rental income.
The property boasts strong occupancy with established leases in place, minimizing vacancy risk. Tenants benefit from ample off-street parking, and select ground-floor units include private back patios for added appeal. A centrally located coin-operated washer and dryer provide an additional income stream.
With its desirable location and diversified unit mix, this property is well-positioned for both steady cash flow and long-term appreciation. Agent Owned.
Location
State IL
County Monroe
Rooms
Basement Partial, Unfinished
Interior
Interior Features Ceiling Fan(s), Center Hall Floorplan
Heating Forced Air
Cooling Ceiling Fan(s), Central Air
Flooring Laminate
Fireplace N
Laundry 2nd Floor, In Hall
Exterior
Exterior Feature Entry Steps/Stairs, Private Yard, Rain Gutters
Parking Features false
Fence Wood
View Y/N No
Roof Type Architectural Shingle
Building
Lot Description Back Yard, Few Trees, Level
Story 1.5
Water Public
Level or Stories One and One Half
Structure Type Block
Schools
Elementary Schools Columbia Dist 4
Middle Schools Columbia Dist 4
High Schools Columbia
School District Columbia Dist 4
Others
Ownership Private
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Bought with Nicholas Giacoletto
Nearby Locations
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