Rarely Available Apartment Buildings for Investment in Oswego, IL

//Rarely Available Apartment Buildings for Investment in Oswego, IL

Rarely Available Apartment Buildings for Investment in Oswego, IL

Rarely available investment property with  8 – 1 bedroom apts.   2 separate buildings both 2 story,  side by side –  located in Oswego, IL off Rt. 30 minutes from downtown Oswego and Montgomery.  Each apartment is aprx. 800 sq. feet and all 8 are currently leased and ready for a new owner or owners.

Current owner will only sell if both buildings are under contract.  Separate buyers ok but prefer 1 owner sale.  There is a HOA for the complex currently named Pelican Cove.  Oswego, IL has highly rated schools, a great downtown that is growing by the day and diverse housing stock including new construction.  Small village on the Fox River that has its own winery, several unique restaurants as well as, the usual national chains.

Minutes from Naperville/Aurora with easy access to I-88/I-55/I-355 and I-80.  Many parks, golf courses, bike trails and friendly small town living.

Rents are currently below market rate for area.  Great cash flow!  Newer siding on both buildings.  All mechanicals work!

Sale is “As-Is”  – Owner prefers selling to one owner but both bldgs. must be under contract or will not sell.  Listed at $234,900.  Add these to your portfolio today!

 

About the Author:

Managing Broker/Owner of Heart Realty Group in Oswego, IL. With over 25 years of experience in residential real estate in Aurora, Montgomery, Oswego, Naperville and surrounding towns. I am passionate about helping my clients achieve their real estate goals. Besides real estate I love technology, a good book and the beach!

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