1407 N Neil St

INVESTOR ALERT! Rather you are a first-time buyer or investor. This is a double triple your money property! Almost 8,000 sq ft lot Should allow for at least 4, 1200 sq ft. 2 story apartments! With a simple permit! That abandoned building and lots across the street are in the final stages of being rezoned to Commercial General. The owner is tearing it down putting up a strip mall with a restaurant and apartments on top. I know because I owned it, sold it. I almost sold it to Starbucks! So you can't afford the house you deserve. But you know you will someday! This is your chance! Owner financing is available to qualified buyers with the right down payment! U of I adding 10,000 students a year! Not to mention part of the gateway to downtown and Neil st corridor project! This location is between the mall and campus! OR buy a few lots and build a skyscraper! Nice starter home or rental. Newer roof furnace and central air. The mudroom is also a laundry room with washer dryer hookups. Has a good layout. Right off of 74 on Neil st. Zoned multi-family. With a huge lot! Someday someone is going to want to tear this block down and rebuild! Make it You! Or hold it till you get the right, ring the cash register price! No rezoning is required! You can tear this puppy down and put up a monster! So huge upside potential. I will be posting on LoopNet next week. So don't delay! I mean look at University ave those lots went for hundreds of thousands of dollars. So live here or rent out and give it time, The house is in good mechanical working order. Do your research look at 1411 n Neil st. Look it up right here on Zillow. Sold February this year $720k two houses north of this house. Same zoning. I have multiple friends that own property on this street. They are not selling until the price is much higher. The hockey rink will happen someday! Give me a call or text 1 (217) 898-1508 WE pay 3% buyers' realtor commission! NO hassles!