2 S Seminary AVE, Mount Morris, IL 61054
2 S Seminary AVE, Mount Morris, IL 61054
2 S Seminary AVE, Mount Morris, IL 61054
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$325,000
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0.36 Acres Lot
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2 S Seminary AVE Mount Morris, IL 61054

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12728844

Year Built 1929

Annual Tax Amount $8,616

Tax Year 2025

Lot Size 0.360 Acres

Lot Dimensions 129X123

Property Sub-Type Multi Family 5+

Property Description

12.5% Cap Rate! Excellent investment opportunity! Grow your real estate portfolio with this well-maintained and fully occupied 9-unit apartment building featuring six 2-bedroom, 1-bath apartments and three 1-bedroom, 1-bath apartments. This income-producing property offers plenty of off-street parking, on-site laundry facilities, and long-term tenants, providing stable and consistent cash flow from day one. Each unit is all-electric, with tenants responsible for their own electric bills, including heating and cooking, while the landlord pays water, sewer, garbage, and gas for the hot water heater. Every unit includes a stove and refrigerator, and recent improvements include a newer roof, hot water heater, and sump pump. With 100% occupancy and strong rental appeal, this is an outstanding opportunity for investors looking to expand their portfolio and maximize returns.

Location

State IL

County Ogle

Area Mount Morris

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kimberly Wirtz of  Wirtz Real Estate Group Inc. 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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