2280 S Rock City Rd - Multi-Family FOR SALE


Ridott, IL 61067
$489,900 USD
815-566-5923
2280 S Rock City Rd, Ridott, IL for Sale
$489,900 USD
Multi-Family - FOR SALE
1/59
null | Request Cap Rate

2280 S Rock City Rd
Ridott, IL 61067


OVERVIEW

Discover endless possibilities on this expansive 9.16-acre property, featuring three single-family homes and one multi-family residence, all set in a peaceful agricultural-zoned setting. Ideal for investors, multi-generational living, or those seeking income-producing opportunities, this unique estate offers a flexible layout with room to expand. The property includes multiple garages attached to each building and a detached garage and a large pole barn, perfect for equipment, storage, or future projects. Utilities include natural gas, well and septic. Currently, one single-family home is tenant-occupied, providing immediate rental income; one is owner-occupied and well-maintained; and one home requires major rehab, offering significant upside potential. With its mix of usable structures, abundant space, and agricultural zoning, this property is a rare opportunity with tremendous potential for development, rental expansion, or personal use. (AKA 6987 US 20 West, Ridott)

FOR SALE DETAILS

PRICE

$489,900 USD

PRICE/SF

$96 USD /SF

# OF UNITS

5

PRICE/UNIT

$97,980

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.28 AC

LAND SF

360,666 SF

ZONING

A1

APN/PARCEL ID

05-20-05-400-006

ASK ABOUT THIS PROPERTY

Rion Tovar-SouthWeichert Realtors Tovar PropertiesMore Info
815-566-5923

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Rion Tovar-SouthWeichert Realtors Tovar PropertiesMore Info
815-566-5923

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.