$800,000

Est. payment -/mo

$975,000

17.9%

Est.Price: ?

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160 Sherman AVE Montgomery, IL 60538

3,602 SqFt

SOLD DATE : 02/01/2024

Key Details

Sold Price $800,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 3,602 sqft

Price per Sqft $222

MLS Listing ID 11917560

Sold Date 02/01/24

Year Built 1910

Annual Tax Amount $9,848

Tax Year 2022

Lot Dimensions 122X381.96

Property Sub-Type Multi Family 5+

Property Description

Here is the opportunity of a lifetime to own an unique investment rental property in Montgomery. There are 4-1BR/1B, 1-2BR/1B, 1-3BR/1.5B. The 3-BR unit has a deck and an enclosed porch looking out onto a beautiful park-like setting. Four units are completely remodeled while plans are available for the other 2 units. The 2 buildings are on 1+ acre with a huge open space to the north. The 3 BR unit is vacant so a buyer can rent or live in it. Both buildings have new roofs, new siding, and many new windows. Rentals equal +/- $8700 per mo. All is ready for a new owner to be successful! At the owner's request there is no sign posted. Only agent accompanied clients with a scheduled appointment are permitted on the property. Qualified buyers only.