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304 E Main Street Stillman Valley, IL 61084 Multi Unit - Multiple Active

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Description

Spacious 4 unit investment property in Stillman Valley offering strong cash flow and excellent rental history. This fully occupied building features reliable tenants and consistent income, making it a great addition to any investment portfolio. The property includes four units: Unit 1 offers 2 bedrooms and 1 bathroom, Unit 2 features 2+ bedrooms and 1 bathroom, Unit 3 includes 2 bedrooms and 1 bathroom, and Unit 4 offers 2 bedrooms, 1 bathroom, and updated LVT flooring. Additional features include a detached 3 car garage, ample tenant parking, and several recent mechanical updates for added peace of mind. Improvements include a new hot water heater installed in 2025 and a boiler with updated plumbing connections completed in 2020. Owner currently pays water/sewer, gas, and trash. Convenient location with strong rental demand and excellent long-term investment potential. Additional financials and property information available upon request.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 3,488
County: Ogle
Listed By:
Re/Max of Rock Valley
Rockford Board of Realtors
$335,000
Est. $2,194/mo
3,488sqft
Active
BEDS0 BATHS SQUARE FEET3,488 MLS#202603028
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMeridian 223

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304 E Main Street, Stillman Valley, IL 61084.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $335,000$335,000$335,000
Down Payment $67,000$11,725$83,750
Monthly Mortgage Amount $1,628$1,999$2,070
Taxes $466$466$466
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$147$0
Monthly Estimated Total $2,194$2,712$2,636

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