301 Alexander St Robinson, IL 62454
- Mixed-use properties
- 20,020 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 301 Alexander St
- Property size
- 20,020 SF
- Property type
- Mixed-use properties
Description
This profitable mixed-use property in Robinson, Illinois, presents a compelling investment opportunity. Located at 301 N. Alexander St., 62454, this 20,020 square foot building comprises a nine-unit apartment complex. Five units have undergone recent remodeling, enhancing their appeal and rental value. The unit mix includes three two-bedroom, one-bathroom units; two efficiency units; and four one-bedroom, one-bathroom units. All units are currently rented, with several long-term tenants providing stable income. The property boasts low-maintenance features, including vinyl siding and a metal roof on the apartment buildings, minimizing upkeep costs. Ample parking is available, providing convenient parking for each unit. This property offers a strong cash flow potential with its established tenancy and efficient design. The location in Robinson, IL, provides access to local amenities and a stable rental market. This is an ideal investment for those seeking a well-maintained, income-producing property with significant upside potential. The asking price is $240,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Robinson
- County
- 17033
- State
- Illinois
- Longitude
- -87.7277
- Latitude
- 39.0076
