For Sale
$479,900

162 Main StDwight, IL 60420

Five apartments & three storefronts, high income potential.

Overview

Added:
Feb 3
Days on market:
62
This exceptional mixed-use property, situated in the vibrant heart of downtown Dwight, Illinois, presents a lucrative investment opportunity. The building boasts five one-bedroom, one-bathroom apartment units, all currently occupied by long-term tenants, ensuring a stable rental income stream. Complementing the residential units are three spacious main-level storefronts, two of which are also leased to long-term tenants. This translates to a significant and consistent cash flow for the new owner. The property has undergone extensive renovations, including a new roof, updated plumbing, and upgraded electrical systems, ensuring both functionality and longevity. These recent improvements minimize immediate maintenance concerns and maximize the return on investment. The building's prime location, just minutes from Interstate 55, provides excellent accessibility and visibility, further enhancing its appeal to both residents and businesses. This landmark building offers a rare blend of residential and commercial income potential, making it an ideal acquisition for savvy investors seeking a strong, diversified portfolio addition. The property is offered at $479,900.

Property Details for 162 Main St

Property type
Mixed-use properties
Year Built
1880

Location Insight

City
Dwight
County
Livingston
State
Illinois
Latitude
41.09318
Longitude
-88.42624
162 Main St, Dwight, Illinois

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162 Main St
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