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1003 Cherokee St.

Collinsville, IL 62234
  • $925,000
  • STATUS: Closed
  • ON SITE: 79 Days
  • ID#: 22047024
Sold - 09/27/2022
$925,000
SOLD - 09/27/2022
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,240
    SQFT
  • $285
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1979
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

YEARLY GROSS RENTAL INCOME OF $157,920 ! 100% occupied-This seller enjoyed a double digit cap rate! Check out this entire portfolio- includes 19 total units (11 properties), in this sale: Collinsville locations- 1002 Cherokee Dr. (4 unit) 03-04.0-209-005 ; 125 March Dr. 13-2-21-22-17-302-028; Granite City locations- 2637 Grand Ave 22-2-20-18-12-203-041 (2 unit); 2525 Grand Ave 22-2-20-18-15-403-074; 2510 Nameoki Rd. 22-2-20-17-15-403-002 (2 unit); 2316 Edwards St. 22-2-20-18-20-402-018; 2473 Center St. 22-2-20-18-10-102-002; 1105 Veterans Pkwy 22-2-20-18-10-104-007; 2453 Hodges Ave 22-2-20-17-13-305-014; 2747 Washington Ave 22-2-20-17-09-105-020 (possible 2 unit). Click through photos of each of the properties listed above. Don't let this opportunity pass you by- this seller spent 6 years building this portfolio-you can reap the benefits. Call for details - financial information & property updates list is available upon request. Tenants rights apply-do not disturb tenants.

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-10-05T11:40:07.457.

Keller Williams Realty West: 314-614-9731
www.parsonrealtygroup.com/homes/130994292
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1003 Cherokee St. Collinsville, IL 62234

  • Price: $1,085,000
  • Status: Closed
  • On Site: 79 Days
  • Updated: 43 min ago
  • ID#: 22047024
0
Beds
0
Baths
0
½ Baths
0.28
Acres
3,240
SQFT
$285
$/SQFT
1979
Built
Neighborhood:
Seneca Hills
County:
St Clair
Elementary School:
Collinsville Dist 10
Middle School:
Collinsville Dist 10
High School:
Collinsville
School District:
Collinsville Dist 10
Property Description
YEARLY GROSS RENTAL INCOME OF $157,920 ! 100% occupied-This seller enjoyed a double digit cap rate! Check out this entire portfolio- includes 19 total units (11 properties), in this sale: Collinsville locations- 1002 Cherokee Dr. (4 unit) 03-04.0-209-005 ; 125 March Dr. 13-2-21-22-17-302-028; Granite City locations- 2637 Grand Ave 22-2-20-18-12-203-041 (2 unit); 2525 Grand Ave 22-2-20-18-15-403-074; 2510 Nameoki Rd. 22-2-20-17-15-403-002 (2 unit); 2316 Edwards St. 22-2-20-18-20-402-018; 2473 Center St. 22-2-20-18-10-102-002; 1105 Veterans Pkwy 22-2-20-18-10-104-007; 2453 Hodges Ave 22-2-20-17-13-305-014; 2747 Washington Ave 22-2-20-17-09-105-020 (possible 2 unit). Click through photos of each of the properties listed above. Don't let this opportunity pass you by- this seller spent 6 years building this portfolio-you can reap the benefits. Call for details - financial information & property updates list is available upon request. Tenants rights apply-do not disturb tenants.
Exterior Features

Attached Garage YN No Construction Materials Brick VeneerCedar Lot Size Dimensions 83.78 X 133.33 Lot Size Source County Records Parking Features Parking Lot

Interior Features

Above Grade Finished Area Source Public Records Cooling Electric Heat Source Electric Heating Forced Air Heating YN Yes Laundry Features Prvt Laund All Units

Property Features

Association Greater Gateway Association Of Realtors Cross Street Apache Dr. Disclosures UnknownSellers Discl. Avail Inclusions Building & Land Lease Term Leases Net Operating Income 19360 Ownership Private Possession Close Of Escrow Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment Complex Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 3296 Tax Year 2021 Tenant Pays All Utilities Transaction Type Sale Two Bed Units 4 Water Source Public

Listing provided courtesy of Re/Max Alliance: 6562111. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-10-05T11:40:07.457.

Keller Williams Realty West: 314-614-9731
 
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Keller Williams Realty West
856 Waterbury Falls Dr Suite 200
O'Fallon MO, 63368