Courtesy: Wirtz Real Estate Group Inc.
708-516-3050
12.5% Cap Rate! Excellent investment opportunity! Grow your real estate portfolio with this well-maintained and fully occupied 9-unit apartment building featuring six 2-bedroom, 1-bath apartments and three 1-bedroom, 1-bath apartments. This income-producing property offers plenty of off-street parking, on-site laundry facilities, and long-term tenants, providing stable and consistent cash flow from day one. Each unit is all-electric, with tenants responsible for their own electric bills, including heating and cooking, while the landlord pays water, sewer, garbage, and gas for the hot water heater. Every unit includes a stove and refrigerator, and recent improvements include a newer roof, hot water heater, and sump pump. With 100% occupancy and strong rental appeal, this is an outstanding opportunity for investors looking to expand their portfolio and maximize returns.
Courtesy: Wirtz Real Estate Group Inc.
708-516-3050
12.5% Cap Rate! Excellent investment opportunity! Grow your real estate portfolio with this well-maintained and fully occupied 9-unit apartment building featuring six 2-bedroom, 1-bath apartments and three 1-bedroom, 1-bath apartments. This income-producing property offers plenty of off-street parking, on-site laundry facilities, and long-term tenants, providing stable and consistent cash flow from day one. Each unit is all-electric, with tenants responsible for their own electric bills, including heating and cooking, while the landlord pays water, sewer, garbage, and gas for the hot water heater. Every unit includes a stove and refrigerator, and recent improvements include a newer roof, hot water heater, and sump pump. With 100% occupancy and strong rental appeal, this is an outstanding opportunity for investors looking to expand their portfolio and maximize returns.
Courtesy: RE/MAX of Rock Valley
815-732-9100
This 4,400 square foot commercial building offers a solid investment opportunity with durable masonry construction and excellent functionality. Located on high visibility Route 64 in Mt. Morris, the property features five overhead doors, three-phase electric, and an existing smoke and dust removal system, making it well suited for automotive, shop, or light industrial use. Zoned commercial, the building provides flexibility for a wide range of income producing possibilities, including rental space, vehicle or equipment storage, or owner user operations. Strong location, versatile layout, and commercial zoning make this property an attractive option for investors seeking long term value and adaptability.
Mount Morris is located in Illinois. Mount Morris, Illinois has a population of 3,044. Mount Morris is less family-centric than the surrounding county with 12.28% of the households containing married families with children. The county average for households married with children is 27.12%.
The median household income in Mount Morris, Illinois is $34,728. The median household income for the surrounding county is $67,534 compared to the national median of $69,021. The median age of people living in Mount Morris is 45.8 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 12 degrees. The average rainfall is approximately 38.4 inches per year, with 28 inches of snow per year.
