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1112 4th St 2 Unit Apartment Building $299,999 ($150,000/Unit) Fulton, IL 61252
Investment Highlights
- Main floor restaurant in 2nd year of 5 year lease
- Wiring for furnace updated in 2015. New water heater for apartments. Details about profit and loss statement available upon request
- 4 apartments on the upper level
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$55,200
|
$12.78
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$55,200
|
$12.78
|
| Taxes |
$3,162
|
$0.73
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,162
|
$0.73
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $55,200 |
| Annual Per SF | $12.78 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $55,200 |
| Annual Per SF | $12.78 |
| Taxes | |
|---|---|
| Annual | $3,162 |
| Annual Per SF | $0.73 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $3,162 |
| Annual Per SF | $0.73 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $299,999 | Apartment Style | Low-Rise |
| Price Per Unit | $150,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 2 | Building Size | 4,320 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1894 |
| Zoning | C - Commercial | ||
| Price | $299,999 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,320 SF |
| No. Stories | 2 |
| Year Built | 1894 |
| Zoning | C - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
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Property Taxes
| Parcel Number | 0128165009 | Total Assessment | $39,414 |
| Land Assessment | $4,470 | Annual Taxes | $3,162 ($0.73/SF) |
| Improvements Assessment | $34,944 | Tax Year | 2024 |
Property Taxes
Parcel Number
0128165009
Land Assessment
$4,470
Improvements Assessment
$34,944
Total Assessment
$39,414
Annual Taxes
$3,162 ($0.73/SF)
Tax Year
2024
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1112 4th St
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