205 Walnut Street

About this property

Excellent income property opportunity in Bartelso, Illinois — 205 & 207 Walnut Street offers a well-maintained duplex with two occupied units generating $2,600/month in current gross rent. Unit 205 is a spacious 3-bedroom, 3-bathroom unit with a full unfinished basement, currently rented at $1,600/month. Unit 207 is a 2-bedroom, 2-bathroom unit with a full unfinished basement, currently rented at $1,000/month. Net Operating Income of approximately $26,694/year at a 6.86% cap rate. Both units are tenant-occupied with below-market rents, providing immediate upside at lease renewal. Parcel No. (PIN): 13-12-17-101-008. Offered at $389,000. Tenant-occupied — do not disturb. Contact listing agent for showing instructions.