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Fully Occupied 8 Unit Multi-Family Investment 10608 Lincoln Trl 8 Unit Apartment Building $550,000 ($68,750/Unit) Fairview Heights, IL 62208
Executive Summary
Multifamily Investment
8 unit multifamily investment property. (4) 2 bed / 1 bath units and (4) 1 bed / 1 bath units.
Located 1/2 mile from IL Route 159 and less than 1 mile from I-64 (exit 12). Situated near major retailers, restaurants, grocery stores, banks and medical facilities.
8 unit multifamily investment property. (4) 2 bed / 1 bath units and (4) 1 bed / 1 bath units.
Located 1/2 mile from IL Route 159 and less than 1 mile from I-64 (exit 12). Situated near major retailers, restaurants, grocery stores, banks and medical facilities.
Property Facts
| Price | $550,000 | Building Class | C |
| Price Per Unit | $68,750 | Lot Size | 0.76 AC |
| Sale Type | Investment | Building Size | 6,000 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1963 |
| Apartment Style | Low-Rise | Parking Ratio | 2/1,000 SF |
| Zoning | M-1 | ||
| Price | $550,000 |
| Price Per Unit | $68,750 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.76 AC |
| Building Size | 6,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 2/1,000 SF |
| Zoning | M-1 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 700 |
| 2+1 | 4 | - | 550 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $191,931 | |
| Land Assessment | $90,537 | Total Assessment | $282,468 |
Property Taxes
Parcel Numbers
Land Assessment
$90,537
Improvements Assessment
$191,931
Total Assessment
$282,468
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Fully Occupied 8 Unit Multi-Family Investment | 10608 Lincoln Trl