10208 N Main St - Apartments FOR SALE


Richmond, IL 60071
$310,000 USD
847-363-7489
10208 N Main St, Richmond, IL for Sale
$310,000 USD
Apartments - FOR SALE
1/6
null | 7.25% Cap Rate

10208 N Main St
Richmond, IL 60071


OVERVIEW

EXCELLENT FULLY LEASED TWO-FLAT IN DOWNTOWN RICHMOND - REMODELED IN 2021! This recently renovated two-flat is an ideal investment opportunity, fully leased and located just steps from the heart of downtown Richmond. The lower unit features 3 bedrooms, 1 bathroom, a spacious living room, enclosed porch, and a well-appointed kitchen. The upper unit offers 2 bedrooms, 1 bathroom, a generous living room, separate dining area, and a bright kitchen. The property also includes a full basement with laundry, a one-car garage, and ample off-street parking. The Lower Unit is currently going to be Month to Month, so you can live in the lower level while renting out the upstairs. Enjoy the convenience of walking to local restaurants, bars, and shops right from your doorstep!

FOR SALE DETAILS

PRICE

$310,000 USD

PRICE/SF

$123 USD /SF

# OF UNITS

2

PRICE/UNIT

$155,000

CAP RATE

7.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10208 N Main St., Richmond, IL - Two-Flat

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1896

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,642 SF

ZONING

-

APN/PARCEL ID

04-09-452-005

ASK ABOUT THIS PROPERTY

Greg KlemsteinRE/MAX PlazaMore Info
847-363-7489

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Greg KlemsteinRE/MAX PlazaMore Info
847-363-7489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.