$900,000
$870,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
5.8 Acres Lot
SOLD DATE : 04/01/2024
Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11867307
Sold Date 04/01/24
Year Built 1975
Annual Tax Amount $10,824
Tax Year 2022
Lot Size 5.800 Acres
Property Sub-Type Multi Family 5+
Property Description
This apartment complex is more than just a property; it's an opportunity to secure a wise investment. With substantial upgrades and maintenance already in place, this offering is poised for immediate returns. A total of 18 units spread across 5 different buildings, offering a mix of townhome and cottage-style apartments. One unit used as owners workshop/ storage, could easily be turned back into a rentable unit. 2-3 bedrooms, 1-2 bath units. Monthly Rent Roll: $12,620. Highly sought after Bismark- Henning School District. Property has already been appraised, reach out to agent receive the copy of the appraisal.
Location
State IL
Zoning OTHER
Interior
Fireplace N
Exterior
Utilities Available Well-Community, Septic-Private
View Y/N true
Roof Type Composition
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Bought with Non Member • Central Illinois Board of REALTORS
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States