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Mulligan's Bar &Grill -Lena IL 102 E Railroad St 4 Unit Apartment Building $370,000 ($92,500/Unit) Lena, IL 61048
Investment Highlights
- Positioned within the village, offering proximity to everyday amenities and local services.
- Close to main roads connecting Lena to neighboring communities in Stephenson County.
- Situated on Railroad Street, an area known for its long-standing commercial and civic presence.
- Located in a small-town environment with a walkable, locally focused atmosphere.
Executive Summary
Financials available with signed CA.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $370,000 | Apartment Style | Low-Rise |
| Price Per Unit | $92,500 | Building Class | C |
| Sale Type | Owner User | Lot Size | 0.16 AC |
| Sale Condition | Business Value Included | Building Size | 9,062 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1887/2020 |
| Property Subtype | Apartment |
| Price | $370,000 |
| Price Per Unit | $92,500 |
| Sale Type | Owner User |
| Sale Condition | Business Value Included |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 9,062 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1887/2020 |
About 102 E RAILROAD ST , LENA, IL 61048
102 Railroad Street is positioned in the heart of Lena, Illinois, along a well-established corridor that reflects the village’s historic and commercial character. The property benefits from a visible street presence and a location integrated into the local downtown fabric, surrounded by a mix of long-standing businesses, municipal uses, and neighborhood amenities. Its placement along Railroad Street provides convenient connectivity to surrounding streets and regional routes, supporting accessibility for a range of potential uses that align with the area’s existing development pattern. The setting offers a balance of small-town atmosphere and functional access within Stephenson County.
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Mulligan's Bar &Grill -Lena IL | 102 E Railroad St
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