836 S Chestnut ST new Save Request In-Person Tour Request Virtual Tour
Litchfield,IL 62056
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Square Footage 2,072 sqft
Price per Sqft $72
Subdivision Tyler 3Rd Add
MLS Listing ID 25027493
Year Built 1950
Building Age 75
Lot Size 6,700 Sqft
Property Sub-Type Multi-Family 2-4
Property Description
Fantastic investment opportunity with this cash-flowing duplex, offering immediate upside potential. One unit is currently vacant, providing flexibility for new rental terms or owner occupancy, while the other is occupied by a long-term tenant on a month-to-month lease at below-market rent, presenting a clear path to increased revenue. This makes a dependable addition to any portfolio. Whether you're looking to maximize rental income or live in one unit while renting the other, this property delivers versatility and future growth potential. Don't miss your chance to secure a high-demand asset in a thriving rental market.
Location
State IL
County Montgomery-il
Interior
Heating Forced Air
Cooling Wall/Window Unit(s),Electric
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Litchfield Dist 12
Middle Schools Litchfield Dist 12
High Schools Litchfield Community High Scho
School District Litchfield Dist 12
Others
Acceptable Financing Cash Only,Conventional,FHA
Listing Terms Cash Only,Conventional,FHA
Special Listing Condition No Exemptions,None