1422-1426 5th St

Lasalle, IL 61301
  • $122,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 0.27

    Acre

About the Listing 28674 - 265040

INVESTOR OPPORTUNITY - TWO HOMES, TWO INCOME STREAMS! Why buy one property when you can acquire TWO homes on one parcel with established rental income? Conveniently located on Route 6 with quick access to I-39, this unique investment property offers immediate cash-flow potential and long-term flexibility. The larger home features 3 bedrooms and 1 bathroom and is currently rented for $1,150/month. It received updates in 2026, including new flooring and fresh paint throughout much of the home, providing a move-in-ready rental for the current tenant. The second home offers 1 bedroom and 1 bathroom and is also currently occupied, generating $750/month in rental income. Tenants currently pay their own utilities, helping keep operating expenses lower for the owner. Current combined rental income: $1,900/month, or $22,800 annually. With two separate homes, established tenants, and $1,900/month in current rental income, this is an excellent opportunity for investors looking to add multiple income-producing units to their portfolio in one purchase. Whether you're a seasoned investor or looking for your next cash-flowing property, this setup offers immediate income potential with room for future upside.

Listing Highlights for 1422-1426 5th St

Status Active
Days on Site 146
Property Type Multi-Family
MLS ® 12454942
Year Built 1873
Lot/Acreage 0.27
County LaSalle
School District 122

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Basement: Unfinished,Partial
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 73.8 X 161
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Detached,Garage

Financial Details

  • Tax Amount: $2,535
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1814108002
  • Tax Year: 2025

Payment Calculator

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  • in Taxes
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Listing Location

Questions About..

1422-1426 5th St Lasalle, IL 61301

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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