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201 Hancock Street

Oquawka, IL 61469
  • $125,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: CA1044798
UPDATED: 48 min ago
$125,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Information

High School:

Description

Originally built 9 bedroom assisted living quarters built in 1980 currently has two apartments in in, one complete and the second near finished. This facility can easily be converted to a 3 to 4 apartment complex with 1 - 2 bedrooms in each. Currently has two tenants. Utilities have not been separated. Owner pays at this point. This building has so much potential. It really is a must see to appreciate property. Total utility is approx $500-$800 a month.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-07-22T15:44:53.987.
www.loganfrazierhomes.org/homes/178312955
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201 Hancock Street Oquawka, IL 61469

  • Price: $125,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 48 min ago
  • ID#: CA1044798
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Oquawka
County:
Henderson
Area:
Oquawka
High School:
West Central
Property Description
Originally built 9 bedroom assisted living quarters built in 1980 currently has two apartments in in, one complete and the second near finished. This facility can easily be converted to a 3 to 4 apartment complex with 1 - 2 bedrooms in each. Currently has two tenants. Utilities have not been separated. Owner pays at this point. This building has so much potential. It really is a must see to appreciate property. Total utility is approx $500-$800 a month.
Exterior Features

Construction Materials Vinyl Siding Parking Features On Street Parking Total 5 Road Surface Type GravelPaved Roof Shingle

Interior Features

Basement FinishedPartialWalk-Out Access Building Area Total 5400 Cooling Central Air Heating Forced AirNatural Gas Laundry Features Common Area Number Of Central Air Units 2 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 2 Number Of Water Heaters 2

Property Features

100 Year Plain No Accessibility Features LevelWide Hallways Agent Owned No Disclosed Short Sale N Financing Cash OnlyCommercial Gross Income 192000 Insurance Expense 0 Lease Term Month To Month Lot Features Corner LotLevel Lot Size Dimensions 250x150 Manager On Site YN No Net Operating Income 192000 New Construction YN No Number Of Water Meters 1 Operating Expense 0 Repossessed No Structure Type Apartment Building Tax Annual Amount 0 Tax Legal Description lots 789101112131415&16 block 43 Tax Year 2025 Tenant Pays No Utilities Trash Expense 0 Type Residential Income Water Source PublicSeptic System

Listing provided courtesy of Barbara Scott of HSHR, Inc.: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-07-22T15:44:53.987.
 
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