This Multifamily Property is no longer advertised on LoopNet.com.

631 Lucinda Ave
Dekalb, IL 60115
Multifamily Property For Sale · 12 Units

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.45 AC
Building Size 8,424 SF
Average Occupancy 100%
No. Stories 2
Year Built 1964
Parking Ratio 2.13/1,000 SF
Zoning Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Refrigerator
  • Range

About 631 LUCINDA AVE , DEKALB, IL 60115

Centre Place Apartments is a fully rented 12 unit, located in a great, easy to rent location, offers recent updates, and a nice return on investment. The property is currently professionally managed and expenses listed reflect this. A self managed owner could easily see a net return of $67,800 or more, resulting in a very nice cap rate of 9.3% or higher! This property is sure to be an asset to, or a great start, to your rental portfolio.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 $670.00 -

Property Taxes

Property Taxes

Parcel Number
08-15-377-040
Land Assessment
$28,375
Improvements Assessment
$131,578
Total Assessment
$159,953
  • Listing ID: 15486623

  • Date on Market: 3/19/2019

  • Last Updated:

  • Address: 631 Lucinda Ave, Dekalb, IL 60115

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