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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 11.04 %
  • Zoning Multifamily
0 Transit Score
38 Walk Score

Highlights

16-unit multifamily building
Strong financial performance: gross income ~$124,000 / year, net income ~$83,927 / year, net return ~11.04%
Upside potential: many units under-rented, room to increase rents for higher yield

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $69,175 USD (2025)
Cap Rate: 11.04 %
Total Expenses: $54,825 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