602-606 W Le Fevre Rd | Sterling, IL 61081
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602-606 W Le Fevre Rd
Sterling, IL 61081
Sterling Manor Apartments · Multifamily Property For Sale
·
61 Units
INVESTMENT HIGHLIGHTS
- Steel & concrete build
- Owned and operated by the same owner for the past 47 years
- 36 garage parking spaces - $40 per month
- Below market rents, potential for rent growth with minor cosmetic upgrades
- Tenants only pay electric, receive free internet & 10 channels via satellite
- Storage lockers - $3 per month
PROPERTY FACTS
| No. Units | 61 | Lot Size | 2.52 AC |
| Property Type | Multifamily | Building Size | 46,500 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1951 |
| Building Class | C | Parking Ratio | 0.77/1,000 SF |
| Zoning | MR-10 | ||
| No. Units | 61 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.52 AC |
| Building Size | 46,500 SF |
| No. Stories | 3 |
| Year Built | 1951 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | MR-10 |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Fireplace
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Freezer
- Patio
- Porch
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Elevator
- Online Services
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | - |
| 1+1 | 30 | - | - |
| 2+1 | 19 | - | - |
PROPERTY TAXES
| Parcel Number | 1116359001 | Improvements Assessment | $259,750 |
| Land Assessment | $10,759 | Total Assessment | $270,509 |
PROPERTY TAXES
Parcel Number
1116359001
Land Assessment
$10,759
Improvements Assessment
$259,750
Total Assessment
$270,509
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