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1112 4th St 2 Unit Apartment Building $299,999 ($150,000/Unit) Fulton, IL 61252

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INVESTMENT HIGHLIGHTS

  • Main floor restaurant in 2nd year of 5 year lease
  • Wiring for furnace updated in 2015. New water heater for apartments. Details about profit and loss statement available upon request
  • 4 apartments on the upper level

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $55,200 $12.78
Other Income - -
Vacancy Loss - -
Effective Gross Income $55,200 $12.78
Taxes $3,162 $0.73
Operating Expenses - -
Total Expenses $3,162 $0.73
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $55,200
Annual Per SF $12.78
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $55,200
Annual Per SF $12.78
Taxes
Annual $3,162
Annual Per SF $0.73
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $3,162
Annual Per SF $0.73
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $299,999
Price Per Unit $150,000
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 4,320 SF
No. Stories 2
Year Built 1894
Zoning C - Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Heating
  • Refrigerator
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Recycling
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0128165009
Land Assessment
$4,470
Improvements Assessment
$34,944
Total Assessment
$39,414
Annual Taxes
$3,162 ($0.73/SF)
Tax Year
2024
  • Listing ID: 35732122

  • Date on Market: 5/3/2025

  • Last Updated:

  • Address: 1112 4th St, Fulton, IL 61252

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