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800 Illinois Ave
Jacksonville, IL 62650
New Eastlawn Apartments · Multifamily Property For Sale · 48 Units

INVESTMENT HIGHLIGHTS

  • Fully occupied multi-family complex containing eight 1BD, thirty-six 2BD, four 3BD units, an on-site office, and coin laundry in each building.
  • Includes additional land permitted through the city for the construction of up to 50 new units.
  • Ideally-located less than two miles from Morton Avenue, near the area's major retailers.
  • Recently renovated with remodeled bathrooms & kitchens, and new drywall, plumbing PVC, flooring, appliances, and window units.

PROPERTY FACTS

No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 5.12 AC
Building Size 39,640 SF
Average Occupancy 87%
No. Stories 2
Year Built/Renovated 1979/2019
Zoning R-5 - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Disposal
  • Heating
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Range

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Recycling
  • Public Transportation
  • Walk-Up

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-16-401-013
Land Assessment
$12,800
Improvements Assessment
$385,100
Total Assessment
$397,900
  • Listing ID: 18966583

  • Date on Market: 3/24/2020

  • Last Updated:

  • Address: 800 Illinois Ave, Jacksonville, IL 62650

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