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  1. For Sale
  2. Multifamily
  3. IL
  4. Fairview Heights
  5. 5109 N Illinois St
Pictures of Multifamily property located at 5109 N Illinois St, Fairview Heights, IL 62208 for sales - image #1
Pictures of Multifamily property located at 5109 N Illinois St, Fairview Heights, IL 62208 for sales - image #2
Pictures of Multifamily property located at 5109 N Illinois St, Fairview Heights, IL 62208 for sales - image #3
Pictures of Multifamily property located at 5109 N Illinois St, Fairview Heights, IL 62208 for sales - image #4
Pictures of Multifamily property located at 5109 N Illinois St, Fairview Heights, IL 62208 for sales - image #5
Street View
Gallery 5
Map View

5109 N Illinois St

Multifamily | 22 Units | $96,381/unit

Listing Contacts

Active

Asking Price: $2,120,400
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Address 

5109 N Illinois St, Fairview Heights, IL 62208

Show on Map
Date Added
Sep 10, 2024
Days on Market
194 days
Time Since Last Update
86 days

Details

Property TypeMultifamily
SubtypeApartment Building
Square Footage1
Price/Sq Ft$2,120,400
Cap Rate9.00%
Occupancy100%
NOI$190,836
Units22
Year Built1973
Year Renovated2008
Lot Size (acres)1
Price/Unit$96,381

Marketing Description

For sale

Investment Highlights

  • ​

    22 Units: 1 BD / 1 BA

  • ​

    Additional Office Space Leased by Chestnut Health

  • ​

    Chestnut Health Leases 100% of the Units

  • ​

    24 HVAC Units replaced in 2020

  • ​

    Chestnut Health handles maintenance for Units

  • ​

    Landlord responsible for roof, structure, mechanical, and snow removal

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$190,836.00
$15,903.00/mo

Valuation Metrics

0
DSCR
9%
Cap Rate
9%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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