1090 Orange Ave - Multi-Family FOR SALE


Marseilles, IL 61341
$350,000 USD
312-957-7189
1090 Orange Ave, Marseilles, IL for Sale
$350,000 USD
Multi-Family - FOR SALE
1/4
null | 5.21% Cap Rate

1090 Orange Ave
Marseilles, IL 61341


HIGHLIGHTS

  • Well-Maintained Building
  • Value-Add Potential
  • Utilities
  • Location
  • Building Amenities
  • Low Maintenance Brick Building

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 1090 Orange Avenue in Marseilles, Illinois (the “Property”). The Property contains four (4), 2-Bedroom/1-Bathroom units with 3,500 square feet of living area in 4,000 square feet of total gross area on a 0.25-acre parcel. The Property has laundry hookups in the units and eight (8) on-site parking spaces. 1090 Orange Avenue is well-located in a quiet Marseilles neighborhood, offering an attractive investment opportunity in a small-town setting. The building is just minutes from downtown Marseilles and close to national retailers such as Dollar General, Casey’s, and McDonald’s, providing convenient access to shopping, dining, and everyday services. Major transportation routes including U.S. Route 6, Illinois Route 71, and Interstate 80 are easily accessible, connecting tenants to Ottawa, Morris, Joliet, and the greater Chicago area. With proximity to the Illinois River and Illini State Park, the property combines neighborhood charm, strong regional connectivity, and local amenities, making it appealing to both residents and investors seeking stable, small-town multifamily opportunities. Marseilles is a small city in LaSalle County, Illinois, situated along the Illinois River and just south of Interstate 80, approximately 8 miles east of Ottawa and 65 miles southwest of Chicago.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$88 USD /SF

# OF UNITS

4

PRICE/UNIT

$87,500

CAP RATE

5.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1090 Orange Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

24-18-113008

ASK ABOUT THIS PROPERTY

Thomas ShanleyHorvath & TremblayMore Info
312-957-7189

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Thomas ShanleyHorvath & TremblayMore Info
312-957-7189

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