IL > Loves Park
Loves Park, IL 61111,535 Pearl AVE
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Loves Park, IL 61111,535 Pearl AVE
Loves Park, IL 61111,535 Pearl AVE
Loves Park, IL 61111,535 Pearl AVE
Loves Park, IL 61111,535 Pearl AVE
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Kimberly Zahand

Kimberly Zahand

+1(630) 215-6063
$ 950,000
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535 Pearl AVE Loves Park, IL 61111

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12360597

Year Built 1967

Annual Tax Amount $12,623

Tax Year 2024

Lot Dimensions 50X180.2X50X180.2

Property Sub-Type Multi Family 5+

Property Description

Turnkey 11-Unit Investment Opportunity - Prime Location. Rare opportunity to own three adjacent multi-family buildings (11 total units) on a single parcel in a desirable, high-demand neighborhood. Two 4-unit townhouse-style buildings with full basements. One 3-unit ranch-style building-single-level living. All units have adjacent parking for tenant convenience.Excellent rental history and long-term tenants. Major Updates Include: New boilers (2023) in one 4-family building,Commercial-grade gutters and fascia boards (2023), Updated boiler electrical system. 3-family building features electric heat-paid by tenants. Owner provides heat and water for the two 4-unit buildings. New roofs and gutters installed in 2018/2022. All buildings are located within the same complex-easy to manage with no travel between units. Strong cash flow and income potential of up to $165,000/year make this a prime investment opportunity. 531 Pearl Avenue and 535 Pearl Avenue to be sold as a package deal.

Location

State IL

County Winnebago

Area Loves Park

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jay Dowthard • Gambino Realtors Home Builders
agent

Kimberly Zahand

+1(630) 215-6063

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535 Pearl AVE

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