517 E Monroe St - Multi-Family FOR SALE


Metamora, IL 61548
$755,000 USD
309-204-9400
517 E Monroe St, Metamora, IL for Sale
$755,000 USD
Multi-Family - FOR SALE
1/10
null | Request Cap Rate

517 E Monroe St
Metamora, IL 61548


HIGHLIGHTS

  • Hallmark Factory next to the outdoor storage

OVERVIEW

Unique investment opportunity. This listing includes 2 parcels. One parcel is a pay to park parking lot with 49 parking spaces. The other parcel has 3 multi-unit properties on it. Between the 3 buildings there are 8 total units, (4 unit, 2 unit, 2 unit). 407 Morgan St = 2 units (3 Bed/1 Bath, 1 Bed/1 Bath). 517 E Monroe = 4 units (4 @ 2 Bed/1 Bath). 519 E Monroe = 2 units (2 Bed/1 Bath, 1 Bed/1 Bath). CoListed with Chris Rothan of eXp Realty

FOR SALE DETAILS

PRICE

$755,000 USD

PRICE/SF

$392 USD /SF

# OF UNITS

57

PRICE/UNIT

$13,246

CAP RATE

Request Cap Rate

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

517 - 519 E Monroe St - 8 units + 49 outdoor

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,533 SF

ZONING

-

APN/PARCEL ID

09-17-405-005,09-17-405-007

ASK ABOUT THIS PROPERTY

Tracy MorriseXp Realty - Jordan Myers Home TeamMore Info
309-204-9400

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Tracy MorriseXp Realty - Jordan Myers Home TeamMore Info
309-204-9400

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