For Sale
$275,000

332 Velde StCreve Coeur, IL 61610

Income-producing, well-maintained apartment buildings.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a well-maintained, two-building apartment complex located in Creve Coeur, Illinois, at 332 Velde St, zip code 61610. The property consists of six one-story apartment units, three in each building, offering comfortable living spaces. Currently, the complex boasts long-term tenants, ensuring a steady income stream. One unit has recently undergone renovations and is immediately ready for occupancy, presenting an immediate opportunity to increase rental income. Ample uncovered parking is available for residents. An additional vacant lot on the property offers potential for future expansion or development, adding further value to this already strong investment. Built in 1971, this property represents a stable and reliable income-generating asset, ideal for investors seeking a proven performer in a desirable location. The asking price for this six-unit apartment complex is $275,000. This turnkey opportunity is ready for immediate income generation upon closing.

Highlights

  • $275,000 asking price.
  • Six-unit apartment building in Creve Coeur, IL.
  • Two one-story buildings, built in 1971.
  • Property features long-term tenants, generating immediate income.
  • Includes one recently renovated unit ready for immediate occupancy.
  • Offers uncovered resident parking and an additional vacant lot.

Property Details for 332 Velde St

Property type
Apartment buildings
Year Built
1971
Buildings
2
Stories
1
Units
6

Location Insight

City
Creve Coeur
County
Tazewell
State
Illinois
Latitude
40.6461887
Longitude
-89.5921325
332 Velde St, Creve Coeur, Illinois

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FAQs

What type of property is this?
Apartment building - Income-producing, well-maintained apartment buildings.
Where is the apartment building located?
The property is located at 332 Velde St Creve Coeur, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: $275,000 asking price.; Six-unit apartment building in Creve Coeur, IL.; Two one-story buildings, built in 1971.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Tracy Morris
Tracy Morris

Learn more

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Velde St
Creve Coeur, IL 61610

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Velde St
Creve Coeur, IL 61610

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

332 Velde St
  • Tracy Morris
    Tracy Morris
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