This is your opportunity to invest in 48-unit garden style apartment complex in Jacksonville, IL. The complex contains a mixture of one bedroom (8), two bedroom (36) and three bedroom (4) units. Occupancy is currently at 87.50% with many long term tenant and tenants renting at below market rents. This property also includes approximately 1.5 AC of vacant land for future multifamily development. Situated in a thriving community, the property is surrounded by residential neighborhoods, local schools, parks, and retail hubs, making it an ideal choice for families and professionals. The proximity to major thoroughfares such as Morton Ave and Interstate 72 provides easy access to the broader region. With its modern amenities, strategic location, and vibrant community, the New East Lawn Apartments stand out as a desirable investment for those looking to capitalize on the growth and opportunities in Jacksonville. Whether you're seeking a stable rental income or a prime location for future development, this property offers a compelling proposition.