509 3rd Avenue, Sterling, IL 61081
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes



509 3rd Avenue,Sterling, IL 61081
$150,000
- 4 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:tim mccaslin
Office:re/max sauk valley
MLS#:12121158
Source:MLSNI
Price summary
- Price:$150,000
About this home
Great cash flow property with a turn key investment. The property is a 2-story triplex is in a great neighborhood with units consisting of a two bedroom, one bedroom, and a studio. The studio was completely renovated in 2019, giving it a modern and updated feel. The property features a new roof installed in 2018 and new windows added in 2021, ensuring good insulation and protection from the elements. It also boasts a large porch at the front and a rear screened-in porch, providing extra space for tenants to enjoy. Additionally, there is a three-car garage that can be rented out for added income. The original woodwork adds charm and character to the units, attracting high-quality tenants who appreciate quality craftsmanship. Tenants are responsible for taking care of the landscaping, which can save on maintenance costs. The property commands impressive rent rates due to its desirable features and excellent condition. Rents are 1000.00, 730.00 and 750.00. Two of the tenants are 60+ yr old sisters that have lived in the two bed and one bed for over 15 yrs. Spacious main floor, 2 bedroom, 1 bathroom. Second floor has 1 bedroom, 1 bathroom apartment and furnished studio apartment. Landlord pays all utilities. Average $500 per month. Current tenants are Month to Month. Don't miss out on this amazing income generating opportunity!
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Home facts
- Year built:1900
- Listing Id #:12121158
- Added:385 day(s) ago
- Updated:August 13, 2025 at 10:47 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1900
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$150,000
- Tax amount:$1,594 (2023)
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