463 Orchard Lane, Beecher, IL 60401
Local realty services provided by:ERA Naper Realty
463 Orchard Lane,Beecher, IL 60401
$250,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: edward pluchar
Office: 1% lists real estate solutions
MLS#:12621591
Source:MLSNI
Price summary
- Price:$250,000
About this home
Looking for a rock-solid addition to your portfolio or a smart way to let a tenant pay your mortgage? This meticulously maintained brick ranch duplex is the perfect find. Fully occupied and generating $2,550 in monthly gross rent, this building offers the stability of a long-term resident in one unit and a fresh, market-rate lease in the other. The Layout: Spacious & Functional Unlike your standard multi-family, this is a true side-by-side ranch featuring an attached garage and a full basement under both units, providing massive storage or future expansion potential. The West Unit: Features brand-new luxury vinyl plank flooring for a modern, durable finish. This unit comes with a refrigerator replaced just four years ago and a brand-new washer and dryer (only two months old) that stay with the home. Tenant on a lease at $1300/mo The East Unit: Home to a reliable, long-time resident ($1,250/mo), this unit features an oven replaced within the last two years. Key Investment Highlights Instant Income: Total monthly rent is $2,550 ($1,300/mo and $1,250/mo) - Better than 1% rule Flexible Occupancy: One unit is currently on a month-to-month lease, making this the perfect opportunity for an owner-occupant to move in while continuing to collect rent from the neighboring side. Low Maintenance: All kitchen appliances convey with the sale. The owner's side includes a washer and dryer, while the tenant side provides their own, keeping your appliance liability low. Solid Bones: Classic brick construction with a functional layout that remains in high demand for renters and homeowners alike. Prime Location Situated in a great, accessible location, this property is perfectly positioned for long-term appreciation and ease of management. Whether you are a seasoned investor or looking for your first "house-hacker" special, this is a lucrative, turn-key opportunity you won't want to miss!...
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Home facts
- Year built:1968
- Listing ID #:12621591
- Updated:April 23, 2026 at 11:02 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Basement:Yes
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1968
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Tax amount:$7,836 (2024)
Parking
- Total parking spaces:2
- Parking description:Attached Garage, Garage
- Garage:Yes
- Garage spaces:2
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