Property Description
Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.
Features
: Forced Air
: Central Air, Zoned
: Shingle
: 25
: Common Area
: Level
: Parking Pad
Address Map
US
IL
Tazewell
Groveland
SPRINGFIELD
19478
Road
0
W90° 27' 58.5''
N40° 36' 15.5''
Springfield Road to Groveland to 4 way stop signs - sits on corner.
MLS Addon
R & R Realty
Tonya
Crawford
$0
: Wood Siding, Brick Partial
272
: Slab
Morton
RMAPAP1002615
RMAPAPRARR
Active
05-05-22-405-001
: Two Or More Story, Other
Pine Hill
$7,260
2024
1randrrealty@gmail.com
Residential Income For Sale
19478 SPRINGFIELD Road, Groveland, Illinois
0 Acre
$569,000
Listing ID #RMAPA1257871
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : RMAPA1257871
Price : $569,000
Year Built : 1979
Lot Size : 0 Acre
Lot Size Dimensions : .44
Property Sub Type : Residential Income
Standard Status : Active
Agent info
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