419 W Main - Apartments FOR SALE


Du Quoin, IL 62832
$375,000 USD
877-473-2018
419 W Main, Du Quoin, IL for Sale
$375,000 USD
Apartments - FOR SALE
1/42
null | Request Cap Rate

419 W Main
Du Quoin, IL 62832


HIGHLIGHTS

  • The fully updated property requires no major renovations, offering an excellent opportunity for immediate rental income
  • All-new flooring, fresh paint throughout, and updated switches, outlets, and light fixtures.
  • In 2021, all five units were upgraded with high-efficiency HVAC systems, five new hot water heaters, new electrical panels, and renovated kitchens.

OVERVIEW

This incredible 5-unit property offers spacious layouts, with each unit featuring 2 bedrooms and 1 bathroom. The property has undergone extensive updates, making it a true turnkey investment. In 2021, all five units were upgraded with high-efficiency HVAC systems, five new hot water heaters, new electrical panels, and beautifully renovated kitchens complete with Forevermark cabinets, granite countertops, and stainless steel appliances. Bathrooms have been fully remodeled with new shower enclosures, vanities, toilets, and fixtures. Additional improvements include all-new flooring (vinyl and carpet), fresh paint throughout, and updated switches, outlets, and light fixtures for a modern, polished look. The property is further enhanced with a new roof installed in 2018. This fully updated property requires no major renovations, offering an excellent opportunity for immediate rental income. Located in the tranquil community of DuQuoin, this investment gem is ideal for seasoned investors or those looking to start their real estate journey. Don’t miss out on this rare opportunity to own a beautifully upgraded multi-family property in DuQuoin!

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

5

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

2-61-1290-120

ASK ABOUT THIS PROPERTY

Brad ChandlerProperty Peddler IncMore Info
877-473-2018

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Brad ChandlerProperty Peddler IncMore Info
877-473-2018

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