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31572385
31572396

2280 Rock City Road, Ridott, IL 61067

RT
IL 481.012053, IL IL 471003126
Weichert, Realtors Tovar Properties
Listed by Weichert, Realtors Tovar Properties
$489,900
72 days on market
Updated 53 days ago

2280 Rock City Road

Details
APN 20054000060000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Units 5
NOI $2,000
Year Built 1967
Acreage 9.160
Zoning OTHER

Multifamily | 5 Units

Marketing description

Discover endless possibilities on this expansive 9.16-acre property, featuring three single-family homes and one multi-family residence, all set in a peaceful agricultural-zoned setting. Ideal for investors, multi-generational living, or those seeking income-producing opportunities, this unique estate offers a flexible layout with room to expand. The property includes multiple garages attached to each building and a detached garage and a large pole barn, perfect for equipment, storage, or future projects. Utilities include natural gas, well and septic. Currently, one single-family home is tenant-occupied, providing immediate rental income; one is owner-occupied and well-maintained; and one home requires major rehab, offering significant upside potential. With its mix of usable structures, abundant space, and agricultural zoning, this property is a rare opportunity with tremendous potential for development, rental expansion, or personal use.
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Listing Contacts

RT
IL 481.012053, IL IL 471003126
Weichert, Realtors Tovar Properties
Listed by Weichert, Realtors Tovar Properties

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$2,000.00
$166.67/mo

Valuation Metrics

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DSCR
0.41%
Cap Rate
0.41%
ROI

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Additional Information

Name
Rion Tovar South
License
481.012053
Brokerage
Weichert Realtors Tovar Properties
Brokerage Phone
8158778500
Title
IL
Brokerage Address
5812 East Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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