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Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Sold
Purchase Type For Sale
Square Footage 30,850 sqft
Price per Sqft $40
Subdivision Not In A Subdivision
MLS Listing ID 21082651
Sold Date 06/01/22
Construction Status 74
Year Built 1948
Building Age 74
Property Description
Excellent income producing real estate in this 30+ unit complex. You'll love the historic charm that has been maintained in the wide old school stairwells, wood floors, exposed brick walls in many areas, and original transoms. Each floor has washer/dryer units along with some apartments having their own. Many different layouts available to tenants. It has been well maintained and boasts many updates. These apartments have operated at full or near full capacity under current ownership for several years. The large rear unit is a perfect home for owner/manager with multiple living levels including a glassed in porch and spiral staircase leading to an open party room. Definitely a unique complex that is a must see for any investor.
Location
State IL
County Madison-il
Zoning improved Commercial
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Utilities Available Electricity Available, Gas to Site, Water Available, Sewer Available
Roof Type Other
Building
Sewer Public Sewer
Water Public, Water Main - 2 Inch
Structure Type Conventional
Construction Status 74
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
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Bought with Scott Dodson