INVESTOR OPPORTUNITY – TWO HOMES, TWO INCOME STREAMS! Why buy one property when you can acquire TWO homes on one parcel with established rental income? Conveniently located on Route 6 with quick access to I-39, this unique investment property offers immediate cash-flow potential and long-term flexibility. The larger home features 3 bedrooms and 1 bathroom and is currently rented for $1,150/month. It received updates in 2026, including new flooring and fresh paint throughout much of the home, providing a move-in-ready rental for the current tenant. The second home offers 1 bedroom and 1 bathroom and is also currently occupied, generating $750/month in rental income. Tenants currently pay their own utilities, helping keep operating expenses lower for the owner. Current combined rental income: $1,900/month, or $22,800 annually. With two separate homes, established tenants, and $1,900/month in current rental income, this is an excellent opportunity for investors looking to add multiple income-producing units to their portfolio in one purchase. Whether you’re a seasoned investor or looking for your next cash-flowing property, this setup offers immediate income potential with room for future upside.
Property Details
Price:
$122,000
MLS #:
MRD12454942
Status:
Active
Beds:
3
Baths:
2
Type:
Multi Family
Neighborhood:
dimmicklasalle
Listed Date:
May 22, 2026
Year Built:
1873
Schools
School District:
120
Interior
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Steel Siding
Garage Spaces
2
Parking Features
Yes, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2025
Taxes
$2,535
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1422-1426 5th Street
Lasalle, IL


