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517 E Monroe St - 517 - 519 E Monroe St - 8 units + 49 outdoor 57 Unit Apartment Building Offered at $755,000 Metamora, IL 61548
INVESTMENT HIGHLIGHTS
- Hallmark Factory next to the outdoor storage
EXECUTIVE SUMMARY
Unique investment opportunity. This listing includes 2 parcels. One parcel is a pay to park parking lot with 49 parking spaces. The other parcel has 3 multi-unit properties on it. Between the 3 buildings there are 8 total units, (4 unit, 2 unit, 2 unit). 407 Morgan St = 2 units (3 Bed/1 Bath, 1 Bed/1 Bath). 517 E Monroe = 4 units (4 @ 2 Bed/1 Bath). 519 E Monroe = 2 units (2 Bed/1 Bath, 1 Bed/1 Bath). CoListed with Chris Rothan of eXp Realty
PROPERTY FACTS
| Price | $755,000 | Lot Size | 1.46 AC |
| Price Per Unit | $13,246 | Building Size | 1,925 SF |
| Sale Type | Investment | Average Occupancy | 99% |
| No. Units | 57 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1967/2023 |
| Building Class | C | Parking Ratio | 4.16/1,000 SF |
| Price | $755,000 |
| Price Per Unit | $13,246 |
| Sale Type | Investment |
| No. Units | 57 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 1.46 AC |
| Building Size | 1,925 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2023 |
| Parking Ratio | 4.16/1,000 SF |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $74,493 | |
| Land Assessment | $26,241 | Total Assessment | $100,734 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$26,241
Improvements Assessment
$74,493
Total Assessment
$100,734
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517 E Monroe St - 517 - 519 E Monroe St - 8 units + 49 outdoor
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