606 N Main St., Woodlawn, IL 62898

Downtown Woodlawn is the location of this multi-family investment property. The base tenant is the US Postal Service on the main level. In addition, three income producing apartments are on two levels; one on the main level and two on the second level. A multi-year lease was renewed for the commercial space on the ground level. The apartments have consistently remained occupied resulting in a 0% vacancy rate for years. The first level apartment just received a $10,000 full update with new flooring, paint, Kitchen cabinets and countertops, bath fixtures, lighting and more. A modern style and monthly rent increasing to $725. All maintenance on the building is current with system updates or replacements as needed, no question. Loaded with value and an income stream this one just makes sense.