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1423 12TH

Pekin, IL 61554
  • $289,900
  • STATUS: Active
  • ON SITE: 584 days
  • ID#: PA1210628
UPDATED: 239 min ago
$289,900
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1966
County:
Area:

School Ratings & Info

Description

Recently remodeled 12 unit efficiency apartment building for sale. All brick. New doors. New windows,new doors, New gutters. All units (except two - long term tenants) have been updated (flooring, paint) Sold with 1420 Morton Street,(14 units)as a package. Over a 10% Cap rate!!!!!

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© 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Paramount Homes QC. Data last updated: 2021-06-19T23:44:54.657.
www.paramounthomesqc.com/homes/100878410
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1423 12TH Pekin, IL 61554

  • Price: $289,900
  • Status: Active
  • Updated: 239 min ago
  • ID#: PA1210628
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1966
Built
Neighborhood:
Paar Area
County:
Tazewell
Area:
Paar Area
Property Description
Recently remodeled 12 unit efficiency apartment building for sale. All brick. New doors. New windows,new doors, New gutters. All units (except two - long term tenants) have been updated (flooring, paint) Sold with 1420 Morton Street,(14 units)as a package. Over a 10% Cap rate!!!!!
Exterior Features

Exterior Finish Brick Frontage Access City StreetPaved 2Lane Irregular Lot 0 Lot Dimensions 110 X 93.4 Num Parking Spaces Allocated 15 Roof Construction Comp Shingle Wall Construction Brick

Interior Features

Cooling Individual Units Flooring CarpetedOther Flooring Heating ElectricGas Insulation Party WallsRoofSide Walls

Property Features

100 Year Flood Plain No Amenities Cable Annual Taxes 3323.68 Building Description 1 StoryMulti-Tenant For Lease No For Sale Yes Foreclosure No Handicap Modified Unknown Lease Type Gross Location Neighborhood Net Operating Income -25433 Number Of Buildings 1 Owner Pays All Ownership Individual Sale Lease Includes Building Sale Rent For Sale Short Sale No Tax Incentive Other Tax Incentive Terms Lease Other Term/Lease Total Num Units 11 Total Operating Expenses 25433 Type Commercial/Cie Type1 InvestmentMulti-Family Underground Storage Tank No Water Supply Municipal/City Zoning R-6

Listing provided courtesy of Mike O'bryan of Re/Max Traders Unlimited.
© 2021 RMLS Alliance, LLC. All Rights Reserved.


© 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Paramount Homes QC. Data last updated: 2021-06-19T23:44:54.657.
 
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