$249,900

820 Lincoln Highway, Rochelle, IL 61068

  • 4 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Fantastic investment opportunity with strong income history. This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units. The lower unit is a long-term rental with a reliable tenant who has been in place for multiple years. This unit features generously sized rooms, beautiful hardwood floors in the living room, and both front and back entrances for added convenience. The upper unit is currently operating as a successful short-term rental and comes fully furnished - completely turnkey for the next owner to seamlessly continue short-term rental operations. Just like the lower level, it offers 2 bedrooms, 1 bathroom, a large living room with hardwood floors, and both front and back entrances. Each unit includes two exterior parking spaces accessible from the alley behind the home, providing ample off-street parking. Both units also have access to the basement, where a shared laundry facility is available. Owner currently pays gas, water, sewer, garbage, internet and upstairs electricity.

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 12:20AM
Listing Office:
Coldwell Banker Realty : 630-377-1771
Listing Agent:
Jennifer Daring : 815-761-6592
MLS ID:
12578295
  • Basement: UnfinishedFull
  • Heating: Natural Gas
  • Parking: Off AlleyYesOwnedParking spaces: 4
  • Roofing: Asphalt
  • Originating MLS: mred
  • School District: 231
  • County: Ogle
  • Zoning: 24241810070000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Jennifer Daring , Coldwell Banker Realty

Monthly Payment

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

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Location

Schools Nearby

M

May Elementary School

1033 N 2nd St, Rochelle, IL, 61068

Grades PK-5

0.28 miles away

R

Rochelle Middle School

111 School Ave, Rochelle, IL, 61068

Grades 6-8

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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