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209 N Charleston Blvd
Macomb, IL 61455
Charleston Apartments · Multifamily Property For Sale · 48 Units

INVESTMENT HIGHLIGHTS

  • Stabilized Offering Featuring Attractive Value-Add Upside Potential
  • Well-Maintained by Current Ownership – Significant Recent Capex Spend
  • Exceptional Location Near Western Illinois University
  • Offered at a Low Basis – Significantly Below Current Replacement Cost
  • Conservative In-Place Owner-Operator
  • Offered Free & Clear of Existing Debt

PROPERTY FACTS

No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 1.50 AC
Building Size 62,124 SF
Average Occupancy 96%
No. Stories 4
Year Built 1960
Parking Ratio 2.4/1,000 SF

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-101-401-00
Land Assessment
$8,360
Improvements Assessment
$212,800
Total Assessment
$221,160
  • Listing ID: 33797216

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: 209 N Charleston Blvd, Macomb, IL 61455

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