Do Real Estate on the Go!
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Do Real Estate on the Go!
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$288,000
-- Bed
- -- Bath
--sqft
913 Joliet Dr #1, Cahokia, IL 62206
$288,000
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Multi Family
Built in 1964
$-- HOA
9,583.2 sqft lot
--/sqft
Description
Turnkey 6-unit multifamily investment opportunity in Cahokia Heights. This fully occupied, professionally managed property features six 2-bedroom, 1-bath units with updated interiors and strong rental income. Recent renovations in 2022 and individual metering provide low-maintenance ownership. Located directly behind the post office and across from Cahokia High School. Current asking rents are $975/month per unit, generating a projected 2025 gross income of $55,608. With a 7.93% CAP rate and solid tenant base, this is a cash-flowing asset perfect for any investor.
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1964
HOA Fees
-
Finished Area
- sqft
Lot Size
9,583.2 sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS25041158
MLS Status
Active
Days on Market
176
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