720 Wigwam Hollow RD #1 Active Save Request In-Person Tour Request Virtual Tour
Macomb,IL 61455
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 7,875 sqft
Price per Sqft $50
Subdivision University Park
MLS Listing ID PA1260853
Maintenance Fees $3,000
Year Built 1974
Annual Tax Amount $7,602
Tax Year 2024
Lot Size 0.440 Acres
Property Sub-Type Residential Income
Property Description
This large 7875 sq ft building with three levels, is located close to Western Illinois University. Previously used as a fraternity house with 19 rooms, but for the last two years Master Level Foreign Students attending WIU, have rented rooms in the house and has been reclassified as a "Boarding House", by the city of Macomb. The whole house has been furnished, even the kitchen was decked out for tenants usage. Each bedroom has either a queen or twin size bed, dresser, bed side stand, desk or table, chair, mini-refrigerators, and microwave. The living room on the main level, has a tall table with matching four chairs, two couches and a matching chair, for a comfortable area for studying or socializing and an adjacent three quarter (3/4) bathroom and one half (1/2) bath. The lower level, also has a dining room table for six, two leatherette couches, and a couple of futons with an adjoining kitchen, laundry room with each having a tall table with matching 4 chairs. The basement level, has one (1) full bathroom for 3 room tenants to share. The top floor plans could be changed the eleven (11) rooms into two (2) large private rooms with each having a private full Bathroom, and adding a half bath with the other bathroom that 4 other rooms can share, leaving one or two rooms that could be made into a kitchenette so these upstairs tenant do not have to go to lower floor to cook. These planned additions will change the vacancy rate to practically 0, and increase the income.
Location
State IL
County Mcdonough
Area Paar Area
Zoning R4
Interior
Heating Heating Systems - 2+,Natural Gas
Cooling Central Air
Laundry Common Area,Owned Equipment,Private
Exterior
View true
Roof Type Shingle
Building
Lot Description Corner Lot,Extra Lot,Level,Other,Sloped
Foundation Block,Concrete Perimeter
Water Public Sewer,Public
Structure Type Brick,Brick Partial,Vinyl Siding
New Construction false
Schools
Elementary Schools Macomb Lincoln
Middle Schools Macomb
High Schools Macomb