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517 E MONROE Street unit: 519
Metamora IL 61548 US

$700,000

Active Listing ID PA1265242
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Lot: 0.53 Acres
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Other

$700,000

Active Listing ID PA1265242
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517 E MONROE Street unit: 519 PART OF A PACKAGE. BUYER MUST ACQUIRE BOTH PARCELS. Unique Investment Opportunity with Multiple Income Streams This offering includes two parcels delivering immediate cash flow and long-term upside. Parcel one includes three multi-unit buildings totaling eight residential units: - 407 Morgan St - 2 units (3 Bed/1 Bath, 1 Bed/1 Bath) - 517 E Monroe - 4 units (four 2 Bed/1 Bath units) - 519 E Monroe - 2 units (2 Bed/1 Bath, 1 Bed/1 Bath) Parcel two features a pay-to-park lot with 49 income-producing parking spaces - a rare, stable revenue component. The apartment portfolio is nearly fully occupied, with one current vacancy already vetted with a qualified new tenant. Most units have been updated, allowing for strong in-place rents. Additional upside comes from value-add potential through an additional unit that can be finished out in one of the apartments. Also, outdoor storage units have an opportunity to further increase NOI. This is a diversified asset combining residential income with parking revenue - ideal for investors seeking both cash flow and growth potential. Seller is only selling this amazing opportunity as a package deal.

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Property Features

  • Facts
  • Lot Size: 0.53 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Floor Covering: Carpet, Tile
  • Roof Type: Asphalt
  • Heating Fuels: Forced Air, Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 700000
  • unparsedaddress: 517 E MONROE Street unit: 519
  • postalcity: Metamora
  • stateorprovince: IL
  • country: US
  • postalcode: 61548
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.53
  • lotsizeunits: Acres
  • lotsizearea: 0.53
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.79374
  • longitude: -89.357269
  • listagentfullname: Chris Rothan
  • listagentemail: chris@therothangroup.com
  • listagentkey: 3yd-PAARIL-PAP1008973
  • listagentmlsid: PAP1008973
  • listagentpreferredphone: 3098682841
  • listofficekey: 3yd-PAARIL-PAPEXPR02
  • listofficemlsid: PAPEXPR02
  • disclaimer: Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PAARIL
  • yearbuilt: 1967
  • listingcontractdate: 2026-03-31
  • listagenturl: http://therothangroup.com
  • countyorparish: Woodford
  • parcelnumber: 09-17-405-007
  • cooling: Central Air
  • constructionmaterials: Aluminum Siding, Brick, Vinyl Siding, Frame
  • flooring: Carpet, Tile
  • heating: Forced Air, Natural Gas
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.35727, 40.79374
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chris@therothangroup.com", "ListBrokerageCity":"Schaumburg", "ListBrokerageCountry":"US", "ListBrokerageEmail":"richard.williams@exprealty.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP Realty", "ListBrokeragePhone":"(630) 688-3114", "ListBrokeragePostalCode":"60173", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"10 N Martingdale Road Suite #400", "ListBrokerageWebsiteUrl":"https://www.exprealty.com", "ListOfficeAddress1":"114 W Stratford Dr Suite E", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PAPEXPR02", "ListOfficeCity":"Peoria", "ListOfficeCountry":"USA", "ListOfficeEmail":"accounting@therothangroup.com", "ListOfficePostalCode":"61614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Metamora, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-04-01 20:01:38", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9224, "TaxDescription":"T27N - R2W - S17 LOTS 7 8 9 10 11 12 BLK 2 T27N - R2W - S17 S 20' LT 3 & ALL LTS 4 5 6 BLK 2", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/1/2026 8:17:37 PM GMT
Source Updated Date: 4/3/2026 6:58:40 PM GMT

Courtesy of: Chris Rothan, eXp Realty, chris@therothangroup.com

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.