Fully Leased Multifamily
For Sale
$900,000
1331 Potomac Pl, Bourbonnais, IL 60914
Apartment building with nine units, including eight one-bedroom and one two-bedroom, with tenants paying utilities.
Property SizeContact for details
Days on Market136
Property Features for 1331 Potomac Pl
General Information
Standard status
Active
Occupancy
100%
Additional Details
Cap Rate
7.5%
Highway Access
Yes
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$16,752
Building Details
Tenancy
Multi
Listing Agency:
McColly Bennett Real Estate
(815) 549-4301
Listed By:
Buck Tamblyn · License #475131086
(815) 549-4301
Source:
Exprealty
Added: Apr 11
Changed: Aug 23
Last Checked: Jul 23 at 8:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McColly Bennett Real Estate
Investment Insights
Based on property information with market context.
This fully leased apartment building consists of eight one-bedroom apartments and one two-bedroom apartment. Tenants pay their own utilities. The building and grounds are reported to be in good condition.
The property is centrally located with easy access to local businesses and the interstate.
Financial information is available upon request for qualified buyers.
The property is centrally located with easy access to local businesses and the interstate.
Financial information is available upon request for qualified buyers.
Key Highlights
- Fully leased 9‑unit apartment building: eight 1‑bedroom units and one 2‑bedroom unit
- Tenants pay utilities, helping offset operating expenses
- Property is listed at a 7.5 cap rate as an income‑producing investment
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
Demographics for 60914, IL
28,894
Population
10,763
Households
2.7
Avg Household Size
36
Median Age
32%
College-Educated
95%
High-School Grad
48.9 sq mi
ZIP Area
591
Density / Sq Mi
$88,688
Median Household Income
$42,150
Median Earnings
$1,206
Median Rent
$240,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building with nine units, including eight one-bedroom and one two-bedroom, with tenants paying utilities.
Where is this apartment building located?
The property is located at 1331 Potomac Pl Bourbonnais, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Fully leased 9‑unit apartment building: eight 1‑bedroom units and one 2‑bedroom unit; Tenants pay utilities, helping offset operating expenses; Property is listed at a 7.5 cap rate as an income‑producing investment
