300 S Main ST, Rochelle, IL 61068
300 S Main ST, Rochelle, IL 61068
300 S Main ST, Rochelle, IL 61068
300 S Main ST, Rochelle, IL 61068
300 S Main ST, Rochelle, IL 61068
300 S Main ST, Rochelle, IL 61068
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Sara Latta-Young

Sara Latta-Young

+1(815) 685-5090
$ 990,000
Est. payment | /mo

9,480 SqFt

Save
$ 990,000
Est. payment | /mo
Save

9,480 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 9,480 sqft

Price per Sqft $104

MLS Listing ID 12726018

Maintenance Fees $11,576

Year Built 1977

Annual Tax Amount $22,685

Tax Year 2025

Lot Size 0.610 Acres

Lot Dimensions 135x200

Property Sub-Type Multi Family 5+

Property Description

An outstanding opportunity to acquire a well-maintained 16-unit multifamily asset comprised of a 12-unit apartment building constructed in 1977 and an attached four-unit farmhouse originally built in 1910. This unique property offers a diverse unit mix, consistent occupancy, and a proven history of stable operations. The property has benefited from ongoing capital improvements, including new exterior deck stairs, updated Pergo flooring in many units, new tile bathroom flooring, and numerous interior updates completed throughout the years as units have turned over. Pride of ownership is evident, with continued investment in both the buildings and individual apartments. The 12-unit apartment building features individually metered electric heat, with tenants responsible for their own electric service. Ownership pays water, sewer, and trash. The attached farmhouse is served by hot water heat, with ownership paying heat, water, sewer, and trash, providing an efficient utility structure for the property. With a consistently low vacancy rate, this investment offers dependable cash flow, limited turnover, and strong long-term performance. The combination of steady occupancy, ongoing improvements, and attractive operating characteristics makes this an excellent opportunity for investors seeking a stable, income-producing multifamily asset with future upside potential.

Location

State IL

County Ogle

Area Flagg Center / Hillcrest / Kings / Rochelle

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Structure Type Vinyl Siding,Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sherry Murphy of  Hayden Real Estate, Inc. 

NEARBY PROPERTIES

Sara Latta-Young

+1(815) 685-5090

saralattayoung@gmail.com

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300 S Main ST

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