901 S 74th St - Apartments FOR SALE


Belleville, IL 62223
$896,000 USD
618-606-3829
901 S 74th St, Belleville, IL for Sale
$896,000 USD
Apartments - FOR SALE
1/16
null | 10.2% Cap Rate

901 S 74th St
Belleville, IL 62223


HIGHLIGHTS

  • 94% Occupancy.
  • The (1) vacant unit will be Rent Ready for Closing
  • 13 units have been renovated with LVP Flooring
  • Coin Laundry Machines

OVERVIEW

16-unit, 2-story apartment building at 94% occupancy located in the quiet Ogles Neighborhood in Belleville, IL. Roof last replaced in 2012. 13 of the units have been renovated in recent years with LVP flooring, new cabinets, etc. Renovated units are being leased at $800 per month. Parking lot is in good condition and has space for 22 vehicles. Carefully screened tenants.

FOR SALE DETAILS

PRICE

$896,000 USD

PRICE/SF

$43 USD /SF

# OF UNITS

16

PRICE/UNIT

$56,000

CAP RATE

10.2%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ogles Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

Multi-Family Residential

APN/PARCEL ID

07-11.0-214-007

ASK ABOUT THIS PROPERTY

Brendan BaroneKunkel Commercial GroupMore Info
618-606-3829

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Brendan BaroneKunkel Commercial GroupMore Info
618-606-3829

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