522 N Main Street, Hanna City, IL 61536

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List Price
$720,000
Price Change
▼ $50,000 1777937853
MLS#
PA1265355
Status
ACTIVE
County
Peoria
City
Hanna City
Region
PAAR Area
Subdivision
McCullough

Property Description

This 12 unit apartment building is located in Hanna City, about 10 miles west of Peoria near the Peoria International Airport, has had the units completely renovated or updated and is ready for a new owner to maximize the investment, rents and returns. Odd number units are 1 Bedroom/1 Bathroom, and even numbered units are 2 Bedroom/1 Bathroom. Recent updates other than renovating units include - boiler hot water lines and parts - 2024/2025, new main water line installed from street to building 2023, new sewer clean out 2023, new water heater - 2024. Currently there is one vacant unit (#2), and once rented total monthly rents will be at least $8545. Building is in the Village TIF District and Business Development District (BDD) that provide incentives for improvements (see Village of Hanna City website for details).

Additional Information

Taxes
$9,162
Year Built
1967
Roof
Metal
Exterior
Aluminum Siding, Brick, Other
Water/Sewer
Public Sewer
Parking Spaces
14
High School
Farmington

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Listing courtesy of Listing Agent: Justin Ball (justinashbyball@gmail.com) from Listing Office: RE/MAX Traders Unlimited.