Home For Sale In Delavan, Illinois

house for sale

Listed: 02/15/24

950 South Linden Street, Delavan, Tazewell County, IL 61734, USA

Studio Bed:

2 Bath:

985 Sq Ft Living Area:

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Price

$ 395,000

Show 6 more

About This House

An excellent investment opportunity presents itself in the form of 8 fully-occupied rental units managed by an experienced property manager. Taxes are estimated to be $9200 annually, with insurance at $3000 yearly. Rental rates range from $600 to $650 a month, with additional income generated from laundromat services. Tenants are expected to cover their respective utilities. The property, located at 902 Linden St, is situated on a one-acre plot of land with a total area of7, 874square feet. Legal Lot Number and Block Number are 2 and 10 respectively, within the municipality ofDELAVAN.

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Original listing

Delavan Housing & Living

Household Income

Median household income: $52,059

Number of households: 672

The average household income in Delavan, IL declined from $54,318 to $52,059 in the past year. This data is an estimate based upon 672 households in Delavan, IL.
The chart below presents how household income is distributed in Delavan, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Delavan, IL compared to median property taxes around the country. The prevalent amount of property taxes in Delavan, IL equals $2k-$3k , which is less than the national average.