101 N East St, Mahomet, IL 61853

Turnkey Duplex Investment Opportunity in the Heart of Mahomet Whether you're an investor looking for a cash-flowing rental or an owner-occupant looking to offset your mortgage with rental income, this well-maintained duplex offers a unique opportunity in a fantastic Mahomet location. Located on a quiet residential street within walking distance of downtown Mahomet's shops, restaurants, and local amenities, this property offers strong rental potential and the flexibility to use one unit yourself. The 2-bedroom, 1-bathroom unit is currently leased long-term for $1,275/month, providing immediate rental income and a proven rental history. The second unit is currently vacant and provides the new owner with multiple options—it can be rented long-term, used as a furnished mid-term/short-term rental such as Airbnb, or occupied by the owner. The 3-bedroom, 2-bathroom vacant unit is fully furnished and has previously generated approximately $2,650/month through Airbnb, demonstrating strong income potential as a furnished short-term rental. The furnishings can remain with the property or be removed at the buyer's request. The unit also features a private patio and fenced-in yard. Both sides of the duplex have received recent updates and have been well maintained. The property also includes a detached garage currently rented month-to-month for $225/month, providing an additional source of income. With one unit currently producing $1,275/month and the garage generating an additional $225/month, the property is already producing $1,500/month in current rental income, with significant additional income potential from the vacant 3-bedroom, 2-bathroom unit. This is an excellent opportunity to acquire a versatile, income-producing property in a desirable Mahomet location with multiple rental strategies and a proven history of success.