606 N MAIN Street, Woodlawn, IL 62898-9999 | MLS EB433347 | Listing Information | Real Living McCollum Real Estate | Real Living Real Estate
Real Living McCollum Real Estate
(618) 435-5531
FOR SALE
$175,000

606 N MAIN Street
Woodlawn, IL 62898-9999

Multi-Family
Residence
7
Beds
5
Baths
4,680
Sq. Ft.
N/A
Acre Lot
1of
Photos
Map
Courtesy: CROSS DAVIDSON REAL ESTATE
Downtown Woodlawn is the location of this multi-family investment property. The base tenant is the US Postal Service on the main level. In addition, three income producing apartments are on two levels; one on the main level and two on the second level. A multi-year lease was renewed for the commercial space on the ground level. The apartments have consistently remained occupied resulting in a 0% vacancy rate for years. The first level apartment just received a $10,000 full update with new flooring, paint, Kitchen cabinets and countertops, bath fixtures, lighting and more. A modern style and monthly rent increasing to $725. All maintenance on the building is current with system updates or replacements as needed, no question. Loaded with value and an income stream this one just makes sense.
EB433347
Multi-Family, Other
7
Jefferson
4 Full/1 Half
1914
Public Water
Brick
Public Sewer
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Courtesy: CROSS DAVIDSON REAL ESTATE
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