Excellent investment opportunity in a rapidly growing community! This 2-flat sits on a prime corner lot that includes an adjacent oversized parcel, offering significant potential for future development or expansion. Currently, both units are fully occupied by long-term tenants at below-market rates, with the first-floor unit providing steady income through Section 8. The neighborhood is experiencing a positive transformation, with new construction and homes priced over $300,000 within walking distance. While the property needs some TLC and updates to reach its full potential, it is competitively priced for a quick sale. Whether you are an investor looking to capitalize on an up-and-coming area or a buyer seeking a live-in investment opportunity, this property is a great buy. Sold in AS-IS condition.

Phoenix is located in Illinois. Phoenix, Illinois has a population of 1,314. Phoenix is less family-centric than the surrounding county with 6.22% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Phoenix, Illinois is $31,528. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Phoenix is 43.3 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 38.5 inches per year, with 31.4 inches of snow per year.