200 N Melvin Street

Gibson City,IL 60936

$ 1300000

- Bed

- Bath

32448 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 32,448 sqft

Price per Sqft $40

MLS Listing ID 11617011

Year Built 1912

Annual Tax Amount $15,440

Tax Year 2020

Lot Size 1.470 Acres

Lot Dimensions 400 X 160

Property Description

GIBSON CITY - FOR SALE -34 UNITS - The property is part of the Section 515 program through the U.S. Dept. of Agriculture. The rents are subsidized through this program. All buyers should be knowledgeable and qualified to purchase. Qualified buyers should have working knowledge of these types of government subsidized programs and qualified with the USDA to purchase. Financials available for qualified buyers. This property is being sold as a package with 10 additional units in Colfax, Illinois. The MLS# for that property is MLS#11617016.

Location

State IL

County Ford

Zoning MULTI

Interior

Cooling Central Individual

Fireplace N

Exterior

View Y/N true

Roof Type Fiberglass

Building

Foundation Concrete Perimeter

Structure Type Brick

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