$199,900

This solid 2 flat is located near the METRA and the WOODSTOCK SQUARE. The property has just been recently updated and redecorated with all new paint, carpet , flooring and a remolded first floor bathroom. The seller had the roof updated with a new Widows Peak roof on top of the building . All the utilities are separately metered , so the tenants pay their own bills.The first floor apartment is a 2 bedroom , 1 bath unit. The second floor unit is a 3 bedroom , 1 bath unit with a unique finished walk up attic with the third bedroom and a walk in attic storage space. There is an enclosed back porch , a nice size deck that overlooks the back yard , a 5 car parking area and a full basement. Both units are currently vacant so the new owner could live in one unit and rent out the second unit or rent out both spaces. The seller is a real estate broker an estimates the rents would be $950/month for the 2 bedroom unit and $1,100/month for the for the 3 bedroom unit for an estimated $2050/month income or an estimated $24,600/ year gross income. The building is in move in condition but is being sold in "AS IS CONDITION". All appliances and personal property items such as paints , ladders ectc are being left at the site and become the new owners at closing with no warranties expressed as to their condition. Again notice the seller is an Illinois Licensed Real Estate Broker. NOTE ! THIS PROPERTY IS ZONED R (Single Family Residential) and is grandfathered as a 2 flat as it is referred to as a legal nonconforming use. It may continue to be used and maintained for this purpose until such time that the building is either damaged or destroyed by 50% or more of its value, or the use is discontinued for a period of one year as per the city of Woodstock's City Planner Darrell Moore. NOTE : Seller is an licensed Illinois Real Estate Broker .