118 E Fellows Street, DIXON IL 61021 Photo 1 118 E Fellows Street, DIXON IL 61021 Photo 2 118 E Fellows Street, DIXON IL 61021 Photo 3 118 E Fellows Street, DIXON IL 61021 Photo 4 118 E Fellows Street, DIXON IL 61021 Photo 5 118 E Fellows Street, DIXON IL 61021 Photo 6 118 E Fellows Street, DIXON IL 61021 Photo 7 118 E Fellows Street, DIXON IL 61021 Photo 8 118 E Fellows Street, DIXON IL 61021 Photo 9 118 E Fellows Street, DIXON IL 61021 Photo 10 118 E Fellows Street, DIXON IL 61021 Photo 11
Listing Courtesy of Bird Realty

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118 E Fellows Street - Great cash flow on this 27 unit building offering a mix of large 1 and 2 bedroom apartments. Many have been updated in the last 10 years. Updated common areas, coin operated laundry facility in the full basement, 5 parking spaces inside the lower level of the building. Roof was replaced in 2012. This building has a very low vacancy rate and offers a great return on investment.

Listing information

  • MLS® ID: 10324672
  • Status: Active
  • New Construction: No
  • County: Lee
  • Style: Multi-Family
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1940
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $24,946

Features

Air Conditioning None
Approximate Age Older
Assessment Includes None
Backup Info Rent Roll
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Residential-Multi-Family
Electrical Service 0-100 Amps
Exterior Building Type Brick
Fire Protection Smoke or Fire Protectors
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Heat/Ventilation Gas
Indoor Parking 1-5 Spaces
Information 24-Hr Notice Required
Known Encumbrances None Known
Misc Inside Storage Inside
Other # Of Units - 27, Approx Total Bldg Sq Ft - 21673, Electricity Expense - 1320, Expense Year - 2018, Fuel Expense - 10800, Gross Rent Multiplier - 0, Gross Rental Income $ - 167820, Insurance Expense - 2850, Janitor Expense - 0, Net Oper Income $ - 11593, Other Expenses - 0, Repairs-Decor Expense - 0, Scavenger Expense - 2400, Tax Year - 2017, Total Annual Exp - 51882, Total Annual Income - 176220, Total Monthly Income - 13985, Township - Dixon, Water Expense - 8400, Zoning Type - Multi
Outdoor Parking 13-18 Spaces
Owners Assoc (Y/N) No
Ownership Type Individual
Possession Closing, Tenant's Rights
Potential Use Residential-Multi-Family
Property Type Multi Family 5+
Roof Structure Flat
Tenant Pays Electric
Type Multi-Family Garden Complex
Unincorporated (Y/N) No
Listing Courtesy of Bird Realty