Jordyn Meierotto
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Why buy one house when you can get TWO properties with built-in income potential? Conveniently located right on Rt. 6 with quick access to I-39, this versatile setup offers plenty of possibilities for investors, multi-generational living, or owner-occupants looking to offset their mortgage with rental income. The larger home features 3 bedrooms and 1 bath and recently received a fresh update in 2026 with some new flooring and paint throughout much of the home. It's currently vacant and ready for its next owner or tenant, with previous rental income of $1,100/month. The second home offers 1 bedroom and 1 bath and is currently occupied, generating $750/month in rental income from day one. Tenants currently pay their own utilities. There's also a 2-car garage with extra space for storage, hobbies, or parking. Whether you're looking to expand your investment portfolio or live in one home while renting the other, this property offers flexibility, convenience, and income potential all in one package.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 3
Bathrooms: 2
County: LaSalle
Listed By:
Landmark Realty of Illinois LLC
815-875-1221
MRED MLS
MLS ID: 12454942
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1422-1426 5th Street, La Salle, IL 61301.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $128,000 | $128,000 | $128,000 |
| Down Payment | $25,600 | $4,480 | $32,000 |
| Monthly Mortgage Amount | $614 | $764 | $791 |
| Taxes | $178 | $178 | $178 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $56 | $0 |
| Monthly Estimated Total | $892 | $1,098 | $1,069 |
Jordyn Meierotto
REALTOR®
Cell: (319) 371-4167
Licensed in IA
Burlington Office
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(319) 752-9933
Suite 105
West Burlington, IA 52655
(319) 752-9933
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