Loves Park, IL 61111
$345,000
Mark Quesada
Broker / Owner
LIC #475144827
INVESTOR OPPORTUNITY - Tenant-Occupied Through 2028! Upscale split-level in Loves Park, 3,100+ sq ft, on a private corner lot. Currently leased to a solid tenant with a great on-time history. Rent schedule: 2026 $2,585/mo, 2027 $2,635/mo, 2028 $2,690/mo - built-in escalations grow your NOI annually. Cap rates: 6.18 (2026), 6.35 (2027), 6.53 (2028). Total contracted rental income of $94,920 through lease end. Updated island kitchen w/ granite counters & white cabinetry and crystal chandeliers. Primary suite w/ jetted tub & walk-in shower. Extraordinary, finished walk-out lower level with backyard access. This home greets you with openness and abundant natural light. Minutes to Rock Cut State Park, Mercy Hospital, Peak Fitness & I-90. Ideal for investors seeking immediate cash flow, or homebuyers able to hold occupancy until lease expiration.
Adjust the numbers to explore the cost of this home. Nothing is saved.
$2,593/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.
Pick a day and time — Mark will confirm your private tour.
Listed by John Juliano, Berkshire Hathaway HomeServices Crosby Starck Real
MLS# MRD12740695 · Pending
History reflects records reported to the MLS and may be incomplete.