2 S Seminary Avenue

Mount Morris, IL 61054

12.5% Cap Rate! Excellent investment opportunity! Grow your real estate portfolio with this well-maintained and fully occupied 9-unit apartment building featuring six 2-bedroom, 1-bath apartments and three 1-bedroom, 1-bath apartments. This income-producing property offers plenty of off-street parking, on-site laundry facilities, and long-term tenants, providing stable and consistent cash flow from day one. Each unit is all-electric, with tenants responsible for their own electric bills, including heating and cooking, while the landlord pays water, sewer, garbage, and gas for the hot water heater. Every unit includes a stove and refrigerator, and recent improvements include a newer roof, hot water heater, and sump pump. With 100% occupancy and strong rental appeal, this is an outstanding opportunity for investors looking to expand their portfolio and maximize returns.

Listing Courtesy of MRED as distributed by MLS Grid of Wirtz Real Estate Group Inc.



Based on information submitted to the MLS GRID as of 2026-09-24 07:15 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-24 07:15 AM UTC
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