USAILMount Morris2 S Seminary Ave
Listing image | Image 1

2 S Seminary Ave, Mount Morris, IL

House

Sold

Listed price in listed location currency (USD).
$295,000
$325,000

000

MLS® 12728844

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $8,616
Lot Size 0.36 Acres
Approx. Age 1929
MLS® Number 12728844

Property Address: 2 S Seminary Ave, MOUNT MORRIS, IL, 61054-1495

Average square foot calculated using Size range provided by listing agent.

Description

12.5% Cap Rate! Excellent investment opportunity! Grow your real estate portfolio with this well-maintained and fully occupied 9-unit apartment building featuring six 2-bedroom, 1-bath apartments and three 1-bedroom, 1-bath apartments. This income-producing property offers plenty of off-street parking, on-site laundry facilities, and long-term tenants, providing stable and consistent cash flow from day one. Each unit is all-electric, with tenants responsible for their own electric bills, including heating and cooking, while the landlord pays water, sewer, garbage, and gas for the hot water heater. Every unit includes a stove and refrigerator, and recent improvements include a newer roof, hot water heater, and sump pump. With 100% occupancy and strong rental appeal, this is an outstanding opportunity for investors looking to expand their portfolio and maximize returns.
MLS® Number12728844
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1929
Basement
Driveway
Garage Spaces
Heat
A/CWindow Unit(s)

Extras

Price History

Aug 15, 2026End Date
$295,000Sold Price

Sold

Aug 10, 2026List Date
$325,000List Price
  • Commute

Commute

Starting Address
Destination Address
2 S Seminary Ave, Mount Morris, IL

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