1529 Spruce StMurphysboro, IL 62966

Property Details for 1529 Spruce St

Lot size

0.14 AC

Property type

Investment properties

Property subtype

Live-work space

APN

14-04-357-009

APU

1404357009

Description

This exceptional eight-unit apartment building, located at 1529 Spruce Street in Murphysboro, Illinois, presents a compelling investment opportunity. Boasting a total of 5,500 square feet, this property offers a solid return at an asking price of $375,000 ($68.18 per square foot). Constructed in 1973, the building has undergone recent improvements to enhance both its aesthetic appeal and functionality. These upgrades include a completely refurbished exterior electrical breaker box for Unit 3, ensuring reliable power. For added security, all exterior doors and locks have been replaced with brand-new units. Furthermore, updated gutters provide improved drainage, protecting the building's structure. The property's curb appeal has been significantly enhanced with the removal of old landscaping. The building includes eight parking spaces, providing convenient parking for residents. The property's address is 1529 Spruce St, Murphysboro, IL 62966, and its Assessor's Parcel Number (APN) is 14-04-357-009. This well-maintained multifamily property is ideal for investors seeking a turnkey operation with modern updates and strong rental potential in a stable market. The property's location in Jackson County, Illinois offers easy access to local amenities and services.

Location Insight

City

Murphysboro

County

Jackson

State

Illinois

Latitude

37.7636

Longitude

-89.3405

CBSA code

16060

CBSA name

CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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