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Property profile & analytics
OFF-MARKET
Small apartment buildings

922 Jackson St Cuba, IL 61427

Property ID
US28-4492235
Property summary
AI-generated overview

This 10-unit multifamily property located at 922 E JACKSON Street, Cuba, IL 61427, is offered at an asking price of $45,000. The property is classified as land and a multifamily building, specifically a duplex/triplex/quadruplex. Currently, nine of the ten units are deemed uninhabitable by the City of Cuba due to code violations. These units must remain vacant until necessary repairs are completed and the city's vacate order is rescinded. The property is being sold strictly "as is," presenting a unique opportunity for an investor willing to undertake significant renovations. The property's location in Fulton County, Illinois, offers potential for future development or rental income once the necessary improvements are made. The property's latitude and longitude coordinates are 40.4956784 and -90.1862137 respectively. This is a high-risk, high-reward investment opportunity for buyers who are comfortable with extensive rehabilitation projects and understand the current limitations imposed by the city's code violations. Serious inquiries only.

Property profile
Verified
Property type Small apartment buildings
UPID US28-4492235
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
Current use
Occupant on record · Public records
  • No Fear Storm Chasing Inc Sustainability Organization Volunteer Organization
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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