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    OFF-MARKET
    Commercial real estate

    965 Goreville Rd, Goreville, IL 62939

    7,578 SF 4 ac lot Built 2007
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a six-unit senior apartment complex ideally situated at 965 Goreville Road Unit 6, Goreville, Illinois. The property boasts a substantial 7,578 square feet of building space on a generous 4-acre lot, offering significant potential for future expansion. Each of the six identical rental units measures approximately 1,000 square feet, featuring two bedrooms, a full bathroom with a convenient 5-foot step-in shower, and an eat-in kitchen complete with pantry and appliances (electric range, refrigerator, dishwasher, garbage disposal, and stackable washer/dryer). A sliding door in the adjoining living room leads to a private patio overlooking a beautifully landscaped common area. Tenant comfort and security are paramount, evidenced by the secure lobby entrance with individual keypads, a spacious 1,458 square foot furnished common area, a private office, systems/storage room, and a public bathroom. The property also includes a 20' x 72' three-sided parking garage with assigned tenant bays and individual storage units. A blacktop driveway provides convenient access. The complex has maintained full occupancy since its opening and features private-pay tenants. Architectural drawings and county aerial photos are available for review. This turnkey operation presents a rare opportunity for a strong return on investment in a desirable location with ample room for growth.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2007
    Total area 7,578 SF
    Lot 4 ac (174,240 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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