1950 N Illinois Ave - Multi-Family FOR SALE


Carbondale, IL 62901
$275,000 USD
754-251-0201
1950 N Illinois Ave, Carbondale, IL for Sale
$275,000 USD
Multi-Family - FOR SALE
1/5
null | 15.88% Cap Rate

1950 N Illinois Ave
Carbondale, IL 62901


OVERVIEW

AWESOME INVESTMENT!!! 9 units. Low maintenance. Electric baseboards and wall a/c units. Tenants pay electric and gas. City water and sewer. Good occupancy. Property will generate a 15%+ NET RETURN ON INVESTMENT!!! $85K+ IN VALUE ADD!!! Located in a great part of town. Property management and financing is available!!!

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

9

PRICE/UNIT

$30,556

CAP RATE

15.88%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1950 North Illinois Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

9

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

MULTI-FAMILY

APN/PARCEL ID

15-09-326-022

ASK ABOUT THIS PROPERTY

Eli AhmadovLOYD RealtyMore Info
754-251-0201

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Eli AhmadovLOYD RealtyMore Info
754-251-0201

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