2222 Coltonville

Sycamore, IL 60178

In late 2022, seller refinished the living and dining rooms in Unit 1 and most of Unit 2 (including the bathroom) and repainted the entire interior; since then, the property has received ongoing maintenance and necessary repairs. Annual gross income is $43,000, with annual fixed expenses (utilities, tax, insurance) of about $15,000 - leaving approximately $28,000. All units are occupied by reliable tenants: Unit 1 (3BR/2BA) at $1,605/mo leased through Jan 2026; Unit 2 (1BR/1BA) at $1,205/mo leased through Jan 2026; and a studio at $775/mo leased through Aug 2026. Set on two full lots, the property features low-maintenance improvements including new carpet and vinyl flooring, fully owned solar, multiple furnaces and AC units, and newer water heaters. Tenant-favored layouts include: a 3BR/2BA main unit with garage and deck; a large 1BR/1BA with 2-car garage and patio; and a city-permitted studio with private entrance, kitchenette, walk-in closet, and bath. Outdoor amenities include a fenced yard with gated entry, pool-ready space, fruit trees, and parking for six. With long-term renters, low operating costs, and additional rent potential, this is a turnkey, income-producing asset suited for investors or owner-occupants. Seller retiring.