846 N Main St - Apartments FOR SALE


Jacksonville, IL 62650
$525,000 USD
754-251-0201
846 N Main St, Jacksonville, IL for Sale
$525,000 USD
Apartments - FOR SALE
1/5
null | 19.42% Cap Rate

846 N Main St
Jacksonville, IL 62650


OVERVIEW

RENTAL PACKAGE!!! 10 x 2bed/1.5bath units on one parcel, 6 x 2bed/1bath and 3bed/1bath house on other parcel. Total of 17 units. Property needs TLC and a new owner. Separate electric, water and gas meters. 40 minutes away from Springfield, IL, state capital! PROPERTY WILL GENERATE A 19%+ NET RETURN ON INVESTMENT!!! $75K IN VALUE ADD!!! Beautiful town, nice tenants!!! UNITS ARE RENTING FOR $750 EACH IN AS IS CONDITION. Professional management and financing is available!!!

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$31 USD /SF

# OF UNITS

17

PRICE/UNIT

$30,882

CAP RATE

19.42%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

846 North Main Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

17

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

MULTI-FAMILY

APN/PARCEL ID

09-16-301-010

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 Policy.