Bought with Scott Wilke of Best Realty
$305,000
$315,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
203 S Newman Street Durand, IL 61024
0.47 Acres Lot
Key Details
Sold Price $305,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12478573
Sold Date 10/16/25
Year Built 1977
Annual Tax Amount $6,891
Tax Year 2024
Lot Size 0.470 Acres
Lot Dimensions 155x130
Property Sub-Type Multi Family 5+
Property Description
Welcome to a unique investment opportunity in the charming town of Durand, Illinois! This well-maintained multi-family property features five one-bedroom units, each currently occupied by long-term tenants with the exception of one vacant unit. Each unit is in excellent condition, ensuring a hassle-free investment. All units come equipped with stackable washers and dryers, and all appliances are included in the sale. Enjoy generous living & dining areas, perfect for relaxation and entertaining. Each apartment boasts its own private patio, providing outdoor space for tenants to enjoy. A five-stall detached garage offers additional storage options for tenants or the potential for extra rental income. The property features a sizable yard with no neighbors behind, ensuring privacy and a peaceful environment. Roof was replaced in 2014, along with windows in 2006. All doors are 36 inches wide. Easy to rent & good return. This multi-family property is a rare find in Durand, making it an excellent investment opportunity or a perfect addition to your real estate portfolio. Don't miss out on this chance to own a piece of this quaint town!
Location
State IL
County Winnebago
Rooms
Basement None
Interior
Fireplace Y
Exterior
View Y/N true
Roof Type Composition
Building
Structure Type Vinyl Siding,Brick
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