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400 Broadway Goreville, IL 62939

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For Sale
Contact for pricing

Eight-unit building, excellent ROI potential.

Property size:
5,760 SF

Property Features for 400 Broadway

General Information

Property type
Multifamily properties
Square Feet
5,760 SF

Building Details

Year Built
2007
Buildings
1
Units
8

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Listing Contact
Teresa Camarato
Teresa Camarato

Listing Agency: PROPERTY WITH TLC, LLC Listing Agent: Teresa Camarato

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a well-maintained eight-unit apartment building located at 400 S BROADWAY, Goreville, IL 62939. Built in 2007, the property boasts a total of 5,760 square feet and comprises a single building. The layout offers a diverse mix of residential units, ideal for a range of tenants. Upstairs, you'll find four apartments: two one-bedroom units and two two-bedroom units, providing flexibility and appealing to various rental needs. On the ground floor, the property includes a large open area, a dedicated office space, and a one-bedroom apartment, adding to the income potential and versatility of the property. This property is situated in Johnson County, Illinois, offering a strong foundation for a stable and profitable investment. The asking price for this turnkey operation is $340,000. The property's size and configuration make it an attractive option for both seasoned investors and those seeking to enter the multifamily market. With its established rental income streams and potential for further growth, this Goreville apartment building represents a compelling investment opportunity. The property's location and solid construction contribute to its long-term value and potential for appreciation. This is a rare chance to acquire a well-established multifamily property in a desirable location.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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Location Insight

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  • Local Demand
City
Goreville
County
Johnson
State
Illinois
Longitude
-88.9724005
Latitude
37.5524177

FAQs

What type of property is this?
Multifamily property - Eight-unit building, excellent ROI potential.
Where is this multifamily property located?
The property is located at 400 Broadway Goreville, IL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Asking price: $340,000; 8-unit apartment building in Goreville, IL; 5,760 square feet
(618) 727-2270 Call to check price and availability
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