637/633 N Allison Circle, Byron IL 61010 Photo 1 637/633 N Allison Circle, Byron IL 61010 Photo 2 637/633 N Allison Circle, Byron IL 61010 Photo 3 637/633 N Allison Circle, Byron IL 61010 Photo 4 637/633 N Allison Circle, Byron IL 61010 Photo 5 637/633 N Allison Circle, Byron IL 61010 Photo 6 637/633 N Allison Circle, Byron IL 61010 Photo 7 637/633 N Allison Circle, Byron IL 61010 Photo 8 637/633 N Allison Circle, Byron IL 61010 Photo 9 637/633 N Allison Circle, Byron IL 61010 Photo 10
Listing Courtesy of Bird Realty

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637/633 N Allison Circle - This property includes two buildings. 637 Allison is a one story building featuring four total units. Three units have 2 bedrooms and 1 bath and one unit has 2 bedrooms and 1.5 baths. 633 Allison features four 2-story, 2 bedroom, 1 bath units. This property also features garage and off street parking for tenants. This multifamily building is offered for sale as a package of 8 rental properties in Byron, IL. Excellent rental history with a total of 9 buildings and 48 total units. Cap rate for this package is just over 10%. Extremely well maintained buildings with long term renters. Amazing investment opportunity in an upscale small town setting. Sold as a package - buildings will not be separated.

Listing information

  • MLS® ID: 10594181
  • Status: Active
  • New Construction: No
  • County: Ogle
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1984
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $12,842

Features

Approximate Age 26-35 Years
Built Before 1978 (Y/N) No
Current Use Residential-Multi-Family
Franchisor Feed(y/n) No
Heat/Ventilation Electric
Indoor Parking 6-12 Spaces
Information None
Other # Of Units - 8, Electricity Expense - 0, Fuel Expense - 0, Gross Rent Multiplier - 1, Gross Rental Income $ - 59820, Insurance Expense - 2220, Janitor Expense - 0, Net Oper Income $ - 41124, Other Expenses - 700, Repairs-Decor Expense - 1400, Scavenger Expense - 0, Tax Year - 2018, Total Annual Exp - 18696, Total Annual Income - 59820, Total Monthly Income - 5405, Township - Byron, Water Expense - 0, Zoning Type - Multi
Outdoor Parking 6-12 Spaces
Property Type Multi Family 5+
Tenant Pays Electric
Type Multi-Family Corridor-Exterior Entrance
Listing Courtesy of Bird Realty