706-708 Jefferson St Mendota, IL 61342

Property Details for 706-708 Jefferson St

Year built

1946

Property type

Commercial real estate

Description

This exceptional investment opportunity in Mendota, IL, presents two buildings totaling 4540 square feet at 706-708 Jefferson Street. The property features a shared staircase with an adjacent building. One unit is a two-bedroom, one-bathroom apartment. Both units are currently occupied by reliable tenants, generating consistent rental income. The buildings boast several recent upgrades, including a newer furnace, air conditioning system, and a rubber roof, minimizing future maintenance costs and maximizing the return on investment. The property is situated on a lot with no acreage specified. This is an ideal investment for those seeking a stable, cash-flowing asset with minimal immediate capital expenditure needs. The strong tenant occupancy and recent improvements make this a low-risk, high-reward opportunity. The property's location in Mendota offers access to local amenities and a growing community. This is a rare chance to acquire a well-maintained multi-family property with proven rental history. The current tenants provide a steady stream of income, making this an attractive option for both seasoned and novice investors. Don't miss this chance to add a valuable asset to your portfolio. Serious inquiries only.

Location Insight

City

Mendota

County

LaSalle

State

Illinois

Longitude

-89.119

Latitude

41.5494