Exceptional opportunity, this impressive fully occupied multi-family, blends classic charm and functional design. Well maintained and recent updates including 2 heat systems, interior hallway/porch painting, porch windows, plumbing improvements, bathroom upgrades in all three units, porch windows, exterior stairs. This property is fully lead certified and is equipped with a hard-wired Fire Alarm System. There are nine well-proportioned bedrooms, ample closets, classic front-to-back living room space that could double as a home office or maybe 4th bedroom. Spacious full bathrooms all with tub/shower combo. The property also includes a dedicated laundry room in unit. A three-car detached garage provides additional income. The generous 9731 square foot corner lot offers a potential expansion option. Explore the possibilities and envision your future income potential with this versatile Worcester property. Conveniently located near major routes, Union Station, hospitals, and walking distance to Clark University.
This home has been viewed 12 times
Last Checked: September 24th, 2026 at 4:53am (Source: MLS PIN #73571134)
Gross Income: $52,920
Gross Expenses: $9,363
Net Income Calc: $43,557
Water Views
Annual Expenses for 121 Illinois St, Worcester MA 01603
Total Gross Expenses (Calculated)$9,363/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9363.73
Annual Income & Unit Breakdown for 121 Illinois St, Worcester MA 01603
Total Gross Income (Calculated)$52,920
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 121 Illinois St, Worcester MA 01603
Listing ID73571134
Property TypeMulti Family / 3 Family
Price699900 ($178.91/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3912
Approximate Lot Size (Acres)0.22
Total Parking12 (3 Garage)
Garage Parking3
Year Built1917
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRG-5
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 121 Illinois St, Worcester MA 01603
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsDigital Keypad Locks Do Not Convey With Sale.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 121 Illinois St, Worcester MA 01603
Real Estate Taxes9363.73
Tax Year2026
Assessed Value$705,100
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 121 Illinois St, Worcester MA 01603
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 121 Illinois St, Worcester MA 01603