913 Joliet Dr Unit 1 Sauget, IL 62206
Estimated payment $2,438/month
Highlights
- Traditional Architecture
- No HOA
- Central Air
About This Home
Turnkey 6-unit multifamily investment opportunity in Cahokia Heights. This fully occupied, professionally managed property features six 2-bedroom, 1-bath units with updated interiors and strong rental income. Recent renovations in 2022 and individual metering provide low-maintenance ownership. Located directly behind the post office and across from Cahokia High School. Current asking rents are $975/month per unit, generating a projected 2025 gross income of $55,608. With a 7.93% CAP rate and solid tenant base, this is a cash-flowing asset perfect for any investor.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,399
Year Built
- Built in 1964
Home Design
- Traditional Architecture
- Brick Exterior Construction
Schools
- Cahokia Dist 187 Elementary And Middle School
- Cahokia High School
Additional Features
- 9,583 Sq Ft Lot
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 06-02.0-212-009
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 06/12/2025 06/12/25 | For Sale | $375,000 | -- | -- |
Source: MARIS MLS
MLS Number: MIS25041158
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