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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 469,000

Est. payment -/mo

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Price Dropped by $31K

520 Main ST Pecatonica, IL 61063

8,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $58

MLS Listing ID 12767631

Year Built 1915

Annual Tax Amount $5,456

Tax Year 2025

Lot Size 6,098 Sqft

Lot Dimensions 50x50x90x90x

Property Sub-Type Multi Family 5+

Property Description

Prime mixed-use investment opportunity in downtown Pecatonica! This 7-unit property features two storefronts and five residential apartments, including three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one 3-bedroom/1-bath unit. Currently generating approximately $6,000 per month in income, this property offers great cash flow and is an excellent addition to any investment portfolio. Many recent improvements have already been completed, including cosmetic updates throughout several of the apartments with updated flooring, paint, and more. A new furnace and water heater have also been recently installed. The building is has separately metered gas and electric, helping keep owner expenses low and operations efficient. Located right in downtown Pecatonica, this is a great opportunity to own an income-producing property with a mix of residential and commercial space. Financials available to qualified buyers.

Location

State IL

County Winnebago

Area Pecatonica

Zoning COMMR

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Listed by Rebecca Hazzard of RE/MAX of Rock Valley

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA