7346 IL-15
Saint Libory, IL 62282

$540,000 USD

Apartments For Sale • 29,621 SF

Property Details

Property Type Apartments
Total Building Size 29,621 SF
Lot Size 0.68 AC
Building Class C
Year Built 1846
Zoning Residential/Multi-Family

10 Walk Score

                
                    Highlights
                
                                100% Occupied | All month-to-month leases create flexibility | Below-market rents with approximately $850/month in upside ($10,200 annually) 
                            
                                15-20 minutes to Sparta | 20-30 minutes to Belleville | Easy access to State Route 15 | Scott Air Force Base commuter potential | Small-town setting
                            
                                Asking Price: $540,000 | Current NOI: ~$45,169 | Current Cap Rate: 8.36% | Projected Cap Rate: 10.17%