Polo, IL 61064
$349,000

Mark Quesada
Broker / Owner
LIC #475144827
Investment Opportunity - Well-Maintained 5-Unit Brick Apartment Building! Excellent income-producing opportunity with a strong long-term rental history. This solid brick 5-unit apartment building features three spacious 2-bedroom units and two 1-bedroom units, providing a desirable unit mix for tenants. All apartments are currently rented. The property includes 6 garage spaces, with each tenant having access to a garage, plus an additional garage and storage area that can be utilized by the owner or rented for additional income. Tenants enjoy a large shared courtyard, on-site coin-operated laundry, and ample outdoor space on this 1.5 acre property. Utilities are tenant-friendly, with electricity paid by tenants, while the owner covers water, sewer, and garbage expenses. The roof was replaced approximately 10 years ago, adding to the property's overall appeal and value. Whether you're expanding your investment portfolio or seeking a stable, income-generating property, this well-maintained apartment building offers consistent rental demand and excellent upside potential.
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$2,576/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Actual closed sales from the MLS — not estimates.
$162,500
Median sale price
31 days
Avg days on market
86.5% of list
Sells for
Closed sales in 61064 over the last 6 months, all home types.
Listed by Nancie Dempsey, Heartland Realty 11 LLC
MLS# MRD12673136 · Active
Interior
Construction
Lot & parking
Utilities
History reflects records reported to the MLS and may be incomplete.