205 Sandra Ave Mendota, IL 61342
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56-Unit Apartment Complex, Excellent ROI
Property Features for 205 Sandra Ave
General Information
- Property type
- Multifamily properties
Listing Agency: CENTURY 21 Circle Listing Agent: Karen Kramford
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a well-maintained, 56-unit apartment complex situated on a 3.32-acre lot in Mendota, Illinois, at 205 Sandra Avenue, zip code 61342. The property comprises 14 buildings, offering a diverse mix of unit sizes to cater to a wide range of tenants. The unit breakdown includes 12 one-bedroom, 18 two-bedroom, and 26 three-bedroom apartments, providing a strong foundation for consistent rental income. Significant updates have been implemented over the past six years, ensuring the property is in excellent condition and ready for immediate occupancy. The complex benefits from professional management and established maintenance procedures, minimizing operational concerns for the new owner. This turnkey investment is priced at $5,600,000 and presents a compelling opportunity for investors seeking a stable and high-performing multifamily asset in a desirable location. The property's location in Mendota, La Salle County, Illinois, offers convenient access to local amenities and services. This is a rare chance to acquire a well-established, income-producing property with a proven track record. The existing infrastructure and professional management team ensure a smooth transition for the new owner. This is an ideal investment for those seeking a stable, high-yield return on their investment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Paragon Stays
Hotel & Motel
Wentworth Commons
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Mendota
- County
- La Salle
- State
- Illinois
- Longitude
- -89.1307802
- Latitude
- 41.5423502
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FAQs
What type of property is this?
Multifamily property - 56-Unit Apartment Complex, Excellent ROI
Where is this multifamily property located?
The property is located at 205 Sandra Ave Mendota, IL.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: $5,600,000 asking price.; Multifamily property with land, classified as an apartment building and commercial duplex/triplex/quadruplex.; 56 units total: 12 one-bedroom, 18 two-bedroom, and 26 three-bedroom apartments across 14 buildings on a 3.32-acre site in Mendota, IL.