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818 6th St
Carrollton, IL 62016

$759,900 USD

Apartments For Sale  •  14,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,000 SF
  • Lot Size 0.9 AC
  • Building Class C
  • Year Built 1988
  • Cap Rate 12.24 %
  • Zoning Multifamily
30 Walk Score

Highlights

All concrete block construction, between units and between stories!!!!
$93,047 net income per year!!! LONG TERM TENANTS!!!
Potential to raise rents!!! Increase cap rate to 13.5%!!!!
16 Brand new A/C units, new electric, new roof, new everything!!!

Property Flyers

Financial Summary (Actual)

Net Operating Income: $93,047 USD (2025)
Cap Rate: 12.24 %
Total Expenses: $40,073 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Smoke Free
  • Kitchen
  • Oven
  • Tub/Shower
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Eli Ahmadov 754-251-0201 LOYD Realty
Eli Ahmadov 754-251-0201 LOYD Realty