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31349454
31349455

201 S Maple St, Toluca, IL 61369

FP
IL 471.021741
O’Neil Property Group
Listed by O’Neil Property Group
$800,000
69 days on market
Updated 69 days ago
Opportunity zone

Four 4 Unit Adjacent Portfolio

Details
APN 1405482008
Property Type Multifamily
Sub Type Apartment Building
Square Footage 13,600
Net Rentable (SqFt) 13,600
Units 16
Cap Rate 9.80%
Occupancy 100%
Price per SqFt $59
Broker Co-Op Yes
Class C
Year Built 1978
Buildings 4
Stories 2
Zoning R2
Ownership Fee Simple

9.8 Cap Adjacent Multifamily Portfolio

Marketing description

Proud to announce this 16 unit multifamily portfolio consisting of four 4 unit buildings in Toluca, IL available immediately for sale. Offering consists of 8 2-bedroom apartments and 8 1-bedroom apartments. Also features two storage units and two laundry units on site. Ample parking and large yards offer a unique and welcome contrast to the modest homes in the town. Toluca offers industrial plants, assisted living restaurants, shops. Close to I-39/51. Easy to get to LaSalle, Peru, Bloomington, Normal, Streator, Ottawa. Significant improvements to the property in 2022-2025 including full remodel of 12/16 units: vinyl floor, paint, fixtures and appliances as needed. Also 2022-2025 roof repair, re-siding two buildings, repair parking lots and sidewalks, replace 18 electric panels, replace 8 water meters, replaced many stoves, fridges, hot water tanks, baseboard heaters, wall AC's. All fixtures and appliances are electric. Tenant pays electric and water, landlord pays garbage. Low taxes. Each 4 unit is parceled separately and can be sold individually to a buyer with a residential loan. Additional PINs 1405482009, 1405483011, 1405483012. Rent roll available upon request. As-is. Broker Owned.

Investment highlights

9.8 Cap

Low Expenses

Close to Highway

Individually Parceled

Listing Contacts

FP
IL 471.021741
O’Neil Property Group
Listed by O’Neil Property Group

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Additional Information

Name
Franklin Peterson
License
471.021741
Brokerage
O'Neil Property Group
Brokerage Phone
8157933985
Title
Senior Broker Associate
Brokerage Address
201 East Veterans Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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