800 Illinois Ave | Jacksonville, IL 62650
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- LoopNet Team
800 Illinois Ave
Jacksonville, IL 62650
New Eastlawn Apartments · Multifamily Property For Sale
·
48 Units
INVESTMENT HIGHLIGHTS
- Great opportunity to invest in 48-unit garden style apartment complex in Jacksonville, IL.
- The 1.5-acre undeveloped portion of the property provides a great opportunity for expansion.
- Located near major thoroughfares like Morton Ave and Interstate 72, the property offers easy access to the broader region.
- Property is occupied by many long-term tenants.
PROPERTY FACTS
| No. Units | 48 | Lot Size | 5.12 AC |
| Property Type | Multifamily | Building Size | 39,640 SF |
| Property Subtype | Apartment | Average Occupancy | 87% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1979 |
| Zoning | R-5 - Residential | ||
| 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 | 1979 |
| 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
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $657.00 | 625 |
| 2+1 | 36 | $797.00 | 825 |
| 3+2 | 4 | $1,000 | 1,025 |
PROPERTY TAXES
| Parcel Number | 09-16-401-013 | Improvements Assessment | $385,100 |
| Land Assessment | $12,800 | Total Assessment | $397,900 |
PROPERTY TAXES
Parcel Number
09-16-401-013
Land Assessment
$12,800
Improvements Assessment
$385,100
Total Assessment
$397,900
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