For Sale
$500,000

533 Brad CtHanna City, IL 61536

10-Unit Senior/Student Housing, Hanna City, IL

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 5,348 square foot multifamily property in Hanna City, Illinois, presents a compelling investment opportunity. Situated on a spacious 3.88-acre lot, the property boasts 10 units, each equipped with restrooms, and two units featuring showers. A fully equipped shared kitchen, complete with a new hood, caters to residents' needs. Convenience is further enhanced by an on-site shared laundry facility and a full-service hair salon. The property also includes a partially unfinished basement offering ample storage space. Recent upgrades include a new sprinkler system throughout the building, along with a comprehensive camera system and a backup generator for peace of mind. The property is zoned R3 Multi-Family Residential, ensuring its suitability for its current use and future development. Well-maintained and offering immediate income potential, this property is ideally located near Wildlife Prairie Park and Jubilee College State Park, providing residents with access to outdoor recreation and a tranquil environment. The asking price is $500,000. This is a rare opportunity to acquire a profitable and well-equipped senior and student housing complex in a desirable location.

Highlights

  • 5,348 SF building on a 3.88-acre lot.
  • Ten (10) units, each with a private restroom; two units include showers.
  • Full shared kitchen featuring a new hood system.
  • Shared laundry facilities on-site.
  • On-site, full-service hair salon.
  • Partial unfinished basement offering ample storage.

Property Details for 533 Brad Ct

Property type
Retirement homes, Dormitories
Square Feet
5,348 SF
Class
B
Lot Size (sq. ft)
169,013 SF
Units
10

Location Insight

City
Hanna City
County
Peoria
State
Illinois
Latitude
40.6960642
Longitude
-89.801192
533 Brad Ct, Hanna City, Illinois

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533 Brad Ct
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