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Fred Venturini

[email protected] +1(618) 322-9764

Listed by JoyleneL Frye • Joy's Realty

$ 400,000

Est. payment -/mo

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Active

720 Wigwam Hollow RD #1 Macomb, IL 61455

7,875 SqFt

UPDATED:

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

Acres 0.44

Lot Dimensions 130 X146.5

Property Sub-Type Residential Income

Source rmlsa

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

Direction From West Jackson turn North on Wigwam Hollow Rd and travel to the corner of Wigwam Hollow Road and Pollock Street, brick house on West side of road on corner lot. Drive way is off Pollock Street.

Rooms

Basement Egress Window(s), Finished, Full, Walk-Out Access

Interior

Interior Features High Speed Internet, Recreation Room

Heating Heating Systems - 2+, Natural Gas

Cooling Central Air

Fireplace N

Laundry Common Area, Owned Equipment, Private

Exterior

View true

Roof Type Shingle

Street Surface Other,Paved

Total Parking Spaces 14

Garage 1

Building

Lot Description Corner Lot, Extra Lot, Level, Other, Sloped

Faces From West Jackson turn North on Wigwam Hollow Rd and travel to the corner of Wigwam Hollow Road and Pollock Street, brick house on West side of road on corner lot. Drive way is off Pollock Street.

Unit Features [{\"UnitTypeBedsTotal\":19,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"5\",\"RMA_HalfBaths\":\"1\",\"UnitTypeActualRent\":4950,\"RMA_NumberParking\":\"14\",\"RMA_NumberUncovered\":\"14\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1399906Group_1\"},{\"UnitTypeBedsTotal\":0,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"0\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1399906Group_2\"}]

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

Others

Tax ID 11-101-328-00

Fred Venturini

Broker | License ID: 475.179117

+1(618) 322-9764

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