For Sale
$103,900

706-708 Jefferson St Mendota, IL 61342

Two buildings, 4540 sq ft, strong rental income.

Overview

Added:
Feb 3
Days on market:
80
This exceptional investment opportunity in Mendota, IL, presents two buildings totaling 4540 square feet at 706-708 Jefferson Street. The property features a shared staircase with an adjacent building. One unit is a two-bedroom, one-bathroom apartment. Both units are currently occupied by reliable tenants, generating consistent rental income. The buildings boast several recent upgrades, including a newer furnace, air conditioning system, and a rubber roof, minimizing future maintenance costs and maximizing the return on investment. The property is situated on a lot with no acreage specified. This is an ideal investment for those seeking a stable, cash-flowing asset with minimal immediate capital expenditure needs. The strong tenant occupancy and recent improvements make this a low-risk, high-reward opportunity. The property's location in Mendota offers access to local amenities and a growing community. This is a rare chance to acquire a well-maintained multi-family property with proven rental history. The current tenants provide a steady stream of income, making this an attractive option for both seasoned and novice investors. Don't miss this chance to add a valuable asset to your portfolio. Serious inquiries only.

Property Details for 706-708 Jefferson St

Property type
Commercial real estate
Year Built
1946

Location Insight

City
Mendota
County
LaSalle
State
Illinois
Latitude
41.54935
Longitude
-89.11903

FAQs

What type of property is this?
Commercial real estate - Two buildings, 4540 sq ft, strong rental income.
Where is the commercial real estate located?
The property is located at 706-708 Jefferson St Mendota, IL.
What is the asking price?
The asking price for this property is $103,900.
How can I contact the broker?
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706-708 Jefferson St
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