Property profile

731 Illinois Ave Huron, SD 57350

OFF-MARKET
Apartment buildings
Property ID
US79-0313105
Built 2008
Saved · see the list in your Dashboard

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 Apartment buildings
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

Location

731 Illinois Ave Huron, SD 57350
Huron metro
Google Maps

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

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
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.
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