Property profile

301 Alexander St Robinson, IL 62454

OFF-MARKET
Mixed-use properties
20,020 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Total area 20,020 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

301 Alexander St Robinson, IL 62454
Robinson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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