Investors/Landlords- Great opportunity to own a recently updated 8 unit apartment building located in a great, growing community, Durand. Recent improvements: Four of the units have been recently repainted and have new tenants. Last year, the common areas were updated with new paint, lighting and flooring. Electricity (common areas) $190/month, Garage: $154/month, Water & sewer: $562/month, Property taxes: $8700/yr. 8 units, each unit has 2 bedrooms and 1 bath.
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Durand is located in Illinois. Durand, Illinois has a population of 1,429. Durand is more family-centric than the surrounding county with 29.31% of the households containing married families with children. The county average for households married with children is 25.33%.
The median household income in Durand, Illinois is $54,643. The median household income for the surrounding county is $57,779 compared to the national median of $69,021. The median age of people living in Durand is 37.9 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 11.2 degrees. The average rainfall is approximately 36.7 inches per year, with 32.9 inches of snow per year.