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135 E Washington Street Rushville, IL 62681 • Multi Unit - Multiple • Active

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Description

Fantastic investment opportunity! This solid 4-unit property offers excellent income potential with major updates already completed. Brick and vinyl exterior with new siding, roof, and most windows all done in 2024. Updated sewer line to the street, with front yard still settling. Two units are currently rented at $630/month each, one unit is newly finished with fresh paint, new flooring and new bathroom, and one gutted unit is ready for rebuild?HVAC on site and bathroom plumbing already updated. Unit #4 received new HVAC in 2025 with a 10-year warranty. Property includes a 2-car detached garage with new windows and extra siding to convey. City-approved to build an additional 4-unit structure along the alley where the main sewer line runs, offering tremendous expansion potential. This property may also be purchased as part of a package deal with other investment properties the seller is offering ? a great opportunity to grow your portfolio!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Schuyler
High School: Schulyer-Industry Unit 5
Subdivision: None
Listed By:
Happel, Inc., REALTORS Office: 217-224-8383
RMLSA
$162,500
Est. $1,085/mo
Active
BEDS0 BATHS0 MLS#CA1040404
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNone SCHOOLSchulyer-Industry Unit 5
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Shown By

Moomey Moomey Team
 (563) 866-7272

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135 E Washington Street, Rushville, IL 62681.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $162,500$162,500$162,500
Down Payment $32,500$5,688$40,625
Monthly Mortgage Amount $759$957$988
Taxes $226$226$226
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$71$0
Monthly Estimated Total $1,085$1,354$1,314

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