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$ 520,000
Est. payment /mo
Active
1906 Rhodes ST Madison, IL 62060
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Beckwith & Mccasland Subd
MLS Listing ID 26059646
Year Built 1965
Annual Tax Amount $2,289
Property Description
Turnkey investment property featuring two buildings with four 1 bed/1 bath units in each building. 50% of the units have been updated with LVP flooring throughout, stainless steel appliances in the kitchen, updated lighting, new tub/shower surround, and new bathroom vanities. AC was replaced in the last two years. Windows and exterior doors were replaced in 2025, new attic insulation in 2025, crawlspace vapor barrier and rim joist insulation added in 2025—great opportunity to add to or start a rental portfolio.
Purchase includes both buildings, and Seller will not divide.
Pre-approved buyers only; 48-hour notice required for all showings. Seller will be present for all showings. Showings are dependent on tenant availability.
Purchase includes both buildings, and Seller will not divide.
Pre-approved buyers only; 48-hour notice required for all showings. Seller will be present for all showings. Showings are dependent on tenant availability.
Location
State IL
County Madison
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Flooring Laminate, Luxury Vinyl
Fireplace N
Appliance Free-Standing Electric Range, Refrigerator
Laundry None
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Building
Water Public
Structure Type Brick
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Sandie LaMantia • Berkshire Hathaway HomeServices Select Properties
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