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Property profile & analytics
OFF-MARKET
Land

965 Goreville Rd Goreville, IL 62939

Built 2007
Property ID
Property summary
AI-generated overview

This exceptional 6-unit apartment building, constructed in 2007, presents a compelling investment opportunity in Goreville, Illinois. Located at 965 Goreville Road, zip code 62939, the property boasts a prime location and features a secure building design prioritizing tenant comfort and security. The building comprises one structure with six identical units, each approximately 1000 square feet. Each unit includes two bedrooms, a full bathroom with a 5-foot easy-step-in shower, an eat-in kitchen equipped with an electric range, refrigerator, dishwasher, garbage disposal, and stackable washer/dryer. A sliding door in the living room leads to a private patio overlooking a beautifully landscaped common area. A significant advantage is the large, secure lobby entrance with individual keypads for enhanced security. Further enhancing the property is a 1458 square foot common area, complete with 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. The blacktop driveway adds to the property's appeal. The building has maintained full occupancy since its opening and features private-pay tenants. Significant potential exists for future expansion given the ample available land. Architectural drawings and county aerial photos are available for review. The asking price for this fully occupied, privately owned property is $825,000.

Property profile
Verified
Property type Land
Year built 2007
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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