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USAILPhoenix615 Frances St
615 Frances St, Home with 8 bedrooms, 4 bathrooms and 2 parking in Phoenix IL | Image 1
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$179,900

615 Frances St, Phoenix, IL

Real Estate

For Sale

$--,---,---
842
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $14,854
Days Active 10
Lot Size 
Approx. Age 
MLS® Number 12463986

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fantastic investment opportunity in beautiful and serene Phoenix, IL! This solid 4-unit apartment building is fully rented with long-term month-to-month tenants, and current rents offer plenty of room for substantial increases. Each apartment features two bedrooms and one bathroom, with one of the units recently remodeled and upgrades throughout. Major improvements have already been made: the roof is only 1.5 years old, the rear porch is less than five years old, and the front porch was just replaced in 2025 with a $30, 000 investment. All units have separate heating systems and hot water tanks, giving tenants full independence. Outside, there's plenty of street parking plus two unassigned spots in the rear, and the property includes an additional lot next door, offering potential for expansion. Whether you're looking for a potential cash cow or a great setup for related living, this is an incredible opportunity in a welcoming community.Show Description
MLS® Number12463986
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageNo
Approx. Age
BasementCrawl Space
DrivewayUnassigned, Off Alley, Off Street, On Site, Owned
Garage Spaces
HeatSteam
A/C
Heating Fuel

Extras

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