Well-Maintained 12-Unit Apartment Complex – Excellent Westside Location!This all-brick, 12-unit apartment complex features two buildings, each with 6 spacious units, close to restaurants, offices, and shopping.The property has been well cared for and thoughtfully updated over the years. Recent improvements include:Several new HVAC systems.New flooring and fresh paint in turnover units.Updated appliances in select units.A new sump pump installed in the basementApproximately 8–10 units have been updated during tenant turnover. This is a turnkey investment offering immediate cash flow in a strong rental market. Don’t miss this opportunity!
The Real Estate Group, Inc.Brokerage Phone: 217-836-3123License #475189041
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$17,672
Year Built
Built in 1980
Parking
12 Parking Spaces
Home Design
10,800 Sq Ft Home
Shingle Roof
Schools
Springfield District #186 High School
Additional Features
8 Bedrooms
Forced Air Heating and Cooling System
Unfinished Basement
Listing and Financial Details
Assessor Parcel Number 14-31.0-280-018
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$17,672
Year Built
Built in 1980
Lot Details
0
Listing Details
Prop. Type: Residential Income
Property Sub Type: Residential Income
Year Built: 1980
New Construction: No
Property Attached Yn: No
Structure Type: Apartment Building
PricePerSqFt: 82.41
Attribution Contact: Mobl: 217-836-3123
Special Features: None
Interior Features
Basement: Unfinished
Total Bedrooms: 8
Exterior Features
Lot Features: Other
Construction Type: Brick
Roof: Shingle
100YearPlain: No
Garage/Parking
Parking Features: Other
Total Parking Spaces: 12
Utilities
Cooling: Central Air
Heating: Forced Air
Electric Expense: 3090
Water Sewer Expenses: 3090
Water Source: Public Sewer, Public
GasExpense: 1500
NumberOfWaterHeaters: 4
NumberOfHeatingUnits: 12
NumberOfCentralAirUnits: 12
NumberOfGasMeters: 14
NumberOfElectricMeters: 12
NumberofWaterMeters: 1
Condo/Co-op/Association
Senior Community: No
Fee Information
AdvertisingExpense: 0
Schools
High School: Springfield District #186
Lot Info
Lot Size: 10800
Parcel #: 14-31.0-280-018
Tax Info
Tax Year: 2024
Tax Annual Amount: 17672.3
TaxExemptions: None
Multi Family
Number Of Units Total: 12
Annual Gross Income: 121836
Resident Manager Expense: 6500
Annual Operating Expense: 22180
Map
Range of Values:
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Average Value
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List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
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