$225,000

463 Orchard Lane, Beecher, IL 60401

  • 4 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Looking for a rock-solid addition to your portfolio or a smart way to let a tenant pay your mortgage? This meticulously maintained brick ranch duplex is the perfect find. Fully occupied and generating $2,550 in monthly gross rent, this building offers the stability of a long-term resident in one unit and a fresh, market-rate lease in the other. The Layout: Spacious & Functional Unlike your standard multi-family, this is a true side-by-side ranch featuring an attached garage and a full basement under both units, providing massive storage or future expansion potential. The West Unit: Features brand-new luxury vinyl plank flooring for a modern, durable finish. This unit comes with a refrigerator replaced just four years ago and a brand-new washer and dryer (only two months old) that stay with the home. Tenant on a lease at $1300/mo The East Unit: Home to a reliable, long-time resident ($1,250/mo), this unit features an oven replaced within the last two years. Key Investment Highlights Instant Income: Total monthly rent is $2,550 ($1,300/mo and $1,250/mo) - Better than 1% rule Flexible Occupancy: One unit is currently on a month-to-month lease, making this the perfect opportunity for an owner-occupant to move in while continuing to collect rent from the neighboring side. Low Maintenance: All kitchen appliances convey with the sale. The owner's side includes a washer and dryer, while the tenant side provides their own, keeping your appliance liability low. Solid Bones: Classic brick construction with a functional layout that remains in high demand for renters and homeowners alike. Prime Location Situated in a great, accessible location, this property is perfectly positioned for long-term appreciation and ease of management. Whether you are a seasoned investor or looking for your first "house-hacker" special, this is a lucrative, turn-key opportunity you won't want to miss! Some settlement has occurred in the basement - this was professionally resolved and the building comes with a transferrable warranty on the work.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 8:19PM
Listing Office:
1% Lists Real Estate Solutions : 815-931-2279
Listing Agent:
Edward Pluchar : 815-930-2279
MLS ID:
12652033
  • Basement: UnfinishedFull
  • Heating: Natural Gas
  • Parking: YesAttachedGarageParking spaces: 2
  • Originating MLS: mred
  • School District: 200U
  • County: Will
  • Zoning: 2222164000020000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Edward Pluchar , 1% Lists Real Estate Solutions

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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