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Listed price in listed location currency (USD).
$357,000

0016

MLS® 6258072

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $5,923
Days Active 5
Approx. Age 1975
MLS® Number 6258072

Property Address: 20-201&205 Cherry Street, Stewardson, IL, 62463

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

Description

Located at 201 and 205 N Cherry St in Stewardson, IL, this well-maintained multi-family property offers a total of 8 apartment units across two buildings, making it an excellent investment opportunity. Each unit features 2 bedrooms and 1 bathroom, along with a comfortable living area, dining space, full kitchen, in-unit laundry, and a private back deck. The property has seen significant updates, with 6 units fully renovated and 1 partially renovated. The remaining unit is in excellent condition and move-in ready, requiring no immediate improvements. Each apartment offers approximately 700 square feet of living space, providing an efficient and desirable layout for tenants. This property has a strong rental history, with no vacancy lapses under the current ownership and a base of long-term tenants. The community is well cared for, with a strict no smoking and no pets policy in place. Ownership currently covers several key expenses, including trash service, snow removal, interior and exterior maintenance, and pest control—helping simplify management and enhance tenant satisfaction. With consistent occupancy, updated units, and reliable income potential, this property presents a solid, turnkey investment in a stable rental market.
MLS® Number6258072
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1975
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 15, 2026List Date
$357,000List Price
  • Commute

Commute

Starting Address
Destination Address
201&205 Cherry Street, Stewardson, IL

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