3609 Iles AveSpringfield, IL 62711
For Sale
$2,506,600
High-Yield Multifamily Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- Six meticulously maintained single-family homes in desirable Illinois locations (Springfield, Elk Grove Village, Collinsville, Bloomingdale, Joliet, and Decatur).
- $2,506,600 asking price with a 7.00% capitalization rate and $175,462 Net Operating Income (NOI).
- Move-in ready condition with upgraded kitchens and bathrooms; many feature finished basements, fireplaces, and private outdoor spaces.
- Recent renovations including new roofs, fresh paint, updated flooring, and remodeled kitchens and baths.
- Turnkey portfolio offering high yield and low maintenance, located across multiple Illinois counties for geographic diversification.
Property Details for 3609 Iles Ave
- Property type
- Residential income homes
- Units
- 6
Location Insight
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Latitude
- 39.7712126
- Longitude
- -89.721315
3609 Iles Ave, Springfield, Illinois
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - High-Yield Multifamily Investment
- Where is the residential income home located?
- The property is located at 3609 Iles Ave Springfield, IL.
- What is the asking price?
- The asking price for this property is $2,506,600.
- What are key features of this property?
- This property features: Six meticulously maintained single-family homes in desirable Illinois locations (Springfield, Elk Grove Village, Collinsville, Bloomingdale, Joliet, and Decatur).; $2,506,600 asking price with a 7.00% capitalization rate and $175,462 Net Operating Income (NOI).; Move-in ready condition with upgraded kitchens and bathrooms; many feature finished basements, fireplaces, and private outdoor spaces.
- How can I contact the broker?
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