217 W NORTH Street
Plano, IL 60545

Available for sale immediately this top and bottom 2 flat / 2 unit residential property / duplex features 2 bedrooms and 1 bath in each unit, roof 2010, new furnaces in 2010, windows 2010, all plumbing and sewer line replaced 2010. Separate utilities, a shed, basement, new exterior staircase, decent yard, and private entrances. In overall good shape. Duplexes in this area are a rarity these days so don't expect this asset to last long! Second floor lease expires end of May so there is opportunity for an owner occupied scenario as well as passive investment. For an owner occupied scenario a lender will typically allow 75% of the rental income towards DTI and there is typically no reserve required in addition to closing costs and down payment. This could help a buyer qualify for the loan. An owner occupier could significantly decrease their living expenses in this asset, claim depreciation on the rental unit to decrease their taxable income, and enjoy other benefits of ownership. Easy to tour with 24 hour notice.