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    OFF-MARKET
    Commercial real estate

    1320 Mckinley St, Mascoutah, IL 62258

    10,218 SF 0.32 ac lot Built 2023
    Property ID
    US28-5187349
    Property summary
    AI-generated overview

    This exceptional 6-unit apartment building presents a lucrative investment opportunity in the thriving Mascoutah, IL market. Completed in September 2023, this meticulously constructed property boasts a total of 10,218 square feet, with each unit offering a spacious 1,703 square feet of living space. The townhome-style design features three bedrooms and 3.5 bathrooms in each unit. The main floor includes a living room, kitchen, dinette, and half-bath. Upstairs, you'll find two bedrooms and two full bathrooms. The lower level provides a family room, an additional bedroom, a full bathroom, and a convenient laundry/utility room. Each unit is equipped with ceiling fans throughout. Situated on a 0.32-acre lot, the property includes 12 parking spaces. The building's multi-family zoning ensures flexibility and potential for future growth. The property's prime location in Mascoutah, IL, a growing municipality, promises strong rental demand and a high return on investment. The asking price is $1,348,000, and the parcel number is 09-36.0-202-014. This is a turnkey opportunity for investors seeking a high-quality, newly constructed multifamily property in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2023
    Total area 10,218 SF
    Lot 0.32 ac (13,939 SF)
    APN 09-36.0-202-014
    UPID US28-5187349
    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
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