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18480 Illinois Hwy 78 Annawan, IL 61234 Residential - Single Family Contingent

  • 18480 Illinois Hwy 78, Annawan, IL 61234 Main Photo

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Description

Opportunity awaits with this 3-bedroom, 1 bath home, situated on approximately 3.7 acres across 2 parcels. The home offers a functional layout featuring a main floor mudroom/laundry room, spacious living room, 1st floor bedroom and an updated bath w/dual sink vanity & tub/shower combination. The dining room is open to the kitchen & has a convenient breakfast bar & ample cabinetry-perfect for everyday living & entertaining! The other 2 bedrooms are located on the second floor. This unique property also offers incredible income-producing potential with 20-storage units that are all currently occupied, along with several additional out-buildings. One building was previously used as an auto-body & includes a 2-car detached garage, providing endless possibilities for business, hobby, workshop, or additional storage use! Rural setting with room to grow while generating steady rental income! Updates per the seller: New septic 2017, New Sandpoint well 2017, New roof, gutters & windows on house 2025, New furnace 2022, New roof on outbuildings 2025.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 2,128
Lot Size: 3.70 acres
Garage Size: 2
Built in 1907
School District: District 226

General Information

Bedrooms: 3
Bathrooms: 1
Sqft: 2,128
County: Henry
Listed By:
Mel Foster Co. Kewanee 309-854-0001
MRED MLS

Room Information

Bedroom 2: 12X15
Bedroom 3: 13X15
Kitchen: 15X27
Laundry: 13X13
Living Room: 15X20
Primary Bedroom: 13X15
$310,000
Est. $2,038/mo
3beds
1baths
2,128sqft
2cars
Contingent
BEDS3 BATHS1 full SQUARE FEET2,128 MLS#12654727
STATUSContingent PROPERTY TYPEResidential - Single Family SCHOOLDistrict 226

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18480 Illinois Hwy 78, Annawan, IL 61234.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $310,000$310,000$310,000
Down Payment $62,000$10,850$77,500
Monthly Mortgage Amount $1,507$1,849$1,915
Taxes $431$431$431
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$136$0
Monthly Estimated Total $2,038$2,516$2,446

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