Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    731 Illinois Ave, Huron, SD 57350

    Built 2008
    Property ID
    US79-0313105
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 40-unit apartment complex located at 731 Illinois Ave NW, Huron, SD, 57350. The property, built in 2008, consists of six, two-story buildings totaling 40 units, situated on spacious, well-maintained grounds in a quiet residential neighborhood. The complex benefits from its convenient location near downtown amenities, including grocery stores, shops, and restaurants. Each unit features individually controlled central heating and air conditioning, in-unit washer and dryer hookups, dishwashers, and generous storage space. Energy-efficient construction contributes to lower utility costs for tenants. The property also includes ample parking and additional lots, offering potential for future expansion. Zoned R4, this turnkey investment boasts solid existing infrastructure, attractive tenant features, and significant growth potential, making it an ideal acquisition for investors seeking a reliable, revenue-generating asset in a desirable location. The asking price is $3,200,000. Virtual tours are available.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2008
    UPID US79-0313105
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 731 Illinois Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message