4-Unit Multifamily
For Lease
$299,000
3 Potomac Dr, Fairview Heights, IL 62208
Each residence includes two bedrooms and one bathroom, with carports and individual storage lockers serving the building.
Space SizeContact for details
Property Size4,020 SF
Days on Market9
Property Features for 3 Potomac Dr
General Information
Standard status
Active
Size
4,020 SF
Property subtype
Commercial
Zoning
Multi-Family
Net Operating Income
$17,656
Additional Details
Space Use
Multi-Family
Highway Access
Yes
Amenities
carports
storage lockers
Building Details
Year Built
1982
Building Size
4,020 SF
Tenancy
Multi
Listing Agency:
Barbermurphy Group
Listed By:
Tony Smallmon · License #475120946
(618) 277-4400
Source:
Barbermurphy
Added: Sep 26
Last Checked: Oct 4 at 6:21AM
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 Barbermurphy Group
Investment Insights
Based on property information with market context.
This 4-unit multifamily property contains approximately 4,020 square feet, with each apartment configured as a two-bedroom, one-bath residence. Carports and storage lockers are also part of the property. The building was constructed in 1982 and is zoned Multi-Family.
The property occupies the corner of US Hwy 50 and Potomac Drive, at a signalized intersection in Fairview Heights, Illinois. Highway access and nearby commercial and residential areas provide context for the site.
The property occupies the corner of US Hwy 50 and Potomac Drive, at a signalized intersection in Fairview Heights, Illinois. Highway access and nearby commercial and residential areas provide context for the site.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bath
- Approximately 4,020 SF across the property
- Carports and storage lockers included
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
411
Businesses Nearby
Explore this area
Business Placement
Demographics for 62208, IL
16,992
Population
8,148
Households
2.1
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$78,423
Median Household Income
$42,640
Median Earnings
$1,222
Median Rent
$167,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes two bedrooms and one bathroom, with carports and individual storage lockers serving the building.
Where is this quadplex located?
The property is located at 3 Potomac Dr Fairview Heights, IL.
What is the lease rate?
The lease rate is $299,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bath; Approximately 4,020 SF across the property; Carports and storage lockers included
