202 Munroe StBondville, IL 61815
- Mixed-use properties
- 560 SF
Property Details for 202 Munroe St
- Property size (Sq ft)
- 560 SF
- Property type
- Mixed-use properties
- Property subtype
- Apartment buildings
Description
This exceptional five-unit apartment building presents a compelling investment opportunity in Bondville, Illinois. Located at 202 Munroe St, this mixed-use property boasts a prime corner lot location, offering significant potential for expansion. Imagine adding another five units to this already successful complex, further increasing your return on investment. Each of the existing five units comprises approximately 560 square feet, featuring a comfortable layout with a living room, bedroom, kitchen, and bathroom. Individual utility meters provide convenient tenant billing. The property has benefited from recent upgrades, including a new roof and windows installed in 2010, enhancing energy efficiency and curb appeal. Four of the five units also feature updated furnaces, installed in 2016, ensuring reliable heating for tenants. This income-generating property is situated just minutes from Champaign, providing easy access to amenities and a strong tenant pool. The combination of its existing income stream, expansion potential, and recent improvements makes this a truly remarkable investment opportunity in a desirable location. The property's address is 202 Munroe St, Bondville, IL 61815, within Champaign County.
Location Insight
- City
- Bondville
- County
- Champaign
- State
- Illinois
- Latitude
- 40.112
- Longitude
- -88.3722
Comparable in this City
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