Individually Owned Property summary
The property consists of two buildings in Meredosia, Illinois: 311 Main Street and 313 Main Street, with an additional address of 311 1/2 Main Street and 313 1/2 Main Street within the same overall complex. The total combined living area is approximately 3,100 square feet. The unit mix includes two two-bedroom, one-bathroom apartments at 311 1/2 Main Street and 313 1/2 Main Street, and a two-bedroom, one-bathroom space at 311 Main Street that is currently vacant and could be finished to create an additional rental unit. A separate space at 313 Main Street is configured for a hair salon use and includes a rented unit or premises operated as a salon. All units are all-electric, and water and sewer service are covered by the property owner.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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