922 Jackson St Cuba, IL 61427
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 These units must remain vacant until necessary repairs are completed and the city's vacate order is rescinded.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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.