For Sale
$1,348,000

1320 Mckinley St Mascoutah, IL 62258

Six 3BR/3.5BA units, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 6-unit apartment building presents a lucrative investment opportunity in the thriving Mascoutah, IL market. Completed in September 2023, this meticulously constructed property boasts a total of 10,218 square feet, with each unit offering a spacious 1,703 square feet of living space. The townhome-style design features three bedrooms and 3.5 bathrooms in each unit. The main floor includes a living room, kitchen, dinette, and half-bath. Upstairs, you'll find two bedrooms and two full bathrooms. The lower level provides a family room, an additional bedroom, a full bathroom, and a convenient laundry/utility room. Each unit is equipped with ceiling fans throughout. Situated on a 0.32-acre lot, the property includes 12 parking spaces. The building's multi-family zoning ensures flexibility and potential for future growth. The property's prime location in Mascoutah, IL, a growing municipality, promises strong rental demand and a high return on investment. The asking price is $1,348,000, and the parcel number is 09-36.0-202-014. This is a turnkey opportunity for investors seeking a high-quality, newly constructed multifamily property in a desirable location.

Highlights

  • Six (6) luxury townhome-style apartments, each with 3 bedrooms and 3.5 baths, situated on a 0.32-acre lot.
  • Newly constructed in September 2023; 10,218 square foot building with each unit offering 1,703 square feet.
  • Main floor features a living room, kitchen, dinette, and half-bath.
  • Second floor includes two bedrooms and two full bathrooms.
  • Lower level offers a family room, one bedroom, one full bath, and laundry/utility room.
  • Ceiling fans throughout all units.

Property Details for 1320 Mckinley St

Property type
Apartment buildings
Square Feet
10,218 SF
Year Built
2023
Stories
2
Lot Size (sq. ft)
13,939 SF
Units
6

Location Insight

City
Mascoutah
County
St. Clair
State
Illinois
Latitude
38.491496959708
Longitude
-89.819032215736

FAQs

What type of property is this?
Apartment building - Six 3BR/3.5BA units, excellent location.
Where is the apartment building located?
The property is located at 1320 Mckinley St Mascoutah, IL.
What is the asking price?
The asking price for this property is $1,348,000.
What are key features of this property?
This property features: Six (6) luxury townhome-style apartments, each with 3 bedrooms and 3.5 baths, situated on a 0.32-acre lot.; Newly constructed in September 2023; 10,218 square foot building with each unit offering 1,703 square feet.; Main floor features a living room, kitchen, dinette, and half-bath.
How can I contact the broker?
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1320 Mckinley St
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