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- LoopNet Team
1901 Organ St
Eldorado, IL 62930
BonLuke Apartments · Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Construction Status | Demolished |
| Property Type | Multifamily | Building Size | 28,918 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1952 |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| Lot Size | 2.50 AC | ||
| Zoning | Mixed Use | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.50 AC |
| Construction Status | Demolished |
| Building Size | 28,918 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | Mixed Use |
AMENITIES
SITE AMENITIES
- Laundry Facilities
ABOUT 1901 ORGAN ST , ELDORADO, IL 62930
24 unit apartment building in Eldorado Illinois, property is in distressed condition. Formally used as a hospital the property was converted to apartment housing. The town of Eldorado has a population of 4000 people. Located in Saline county Eldorado is as bedroom community to the micro metropolitan area of Harrisburg Illinois, The county has a population of 26 thousand people ( 2016 ). These units previuosly provide affordalble housing with all unitities being included in rent. Pro forma estimate done by listing broker does not include Capex numbers, rents could be increased or utilities cost could be shifted by reconstructing electrical lay out and heating and AC setup, thus pro forma is merely meant to give a snap shot of how this building could preform.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | $300.00 | 500 |
| 1+1 | 12 | $450.00 | 700 |
| 2+1 | 4 | $550.00 | 900 - 1,000 |
| 3+2 | 2 | $700.00 | 1,800 |
