Welcome to your investment opportunity in Jerome

Illinois! This six-unit multi-family apartment complex offers a perfect blend of modern comfort and desirable location. Each unit features two roomy bedrooms and a well-appointed bathroom, providing ample living space for tenants. Recent upgrades to HVAC systems, furnishes, roof and windows ensure energy efficiency and tenant satisfaction.

Nestled in the sought-after community of Jerome, this property benefits from it's proximity to local amenities, schools and parks, making it an attractive choice for renters seeking convenience and quality of life. Additionally, all units include unfinished spces, offering potential for additional storage or customization options. Don't miss out on this chance to own a turnkey investment property in Jerome - schedule your showing today and envision the future of thus prime real estate opportunity!

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on 1030-1040 W Iles Ave
in Springfield, IL
Presented by Daniel R Nika at
The Real Estate Group Inc.


Property MLS #CA1029924 from RMLSAlliance

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+ Other Rooms

Basement Features: Unfinished

+ Bathrooms

Full Bathrooms: 2

+ Heating and Cooling

Heating Features: Gas, Central Air

+ Land Info

Lot Description: Level
Lot Size Acres: 0.2020202
Lot Size Dimensions: 160x55
Lot Size Square Feet: 8800

+ Garage and Parking

Parking Total: 6

+ Rental Info

Gross Income: 65736
Gross Scheduled Income: 65736

+ Multi-Unit Info

Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit 1 Total Actual Rent: 1164
Unit 2 Total Actual Rent: 800

+ School Information

High School: Springfield District #186
+ Display Complete School Details

Benjamin Franklin Middle School is a public middle school located approximately 0.2 miles away.
Map directions

Springfield Southeast High School is a public high school located approximately 2.7 miles away.
Map directions

Lindsay School is a public elementary school located approximately 2.8 miles away.
Map directions

Grace Baptist is a private elementary, middle and high school located approximately 0.4 miles away.
Map directions

+ Homeowners Association

Maintenance Expense: 50

+ Other Property Info

Annual Tax Amount: 3773
Source Listing Status: Pending
County: Sangamon
Directions: FROM S MACARTHUR BLVD, HEAD WEST ON W ILES, DESTINATION ON LEFT.
Tax Year: 2023
Source Property Type: Residential Income
Insurance Expense: 1500
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 22-08.0-228-023
Trash Expense: 36
Property Subtype: Residential Income
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-06-20
$480000
RMLSAlliance

+ Commercial Info

Net Operating Income: 59686
Operating Expense: 2277

+ Utilities

Water Sewer Expense: 573
Water Source: Public Sewer, Public

+ Building and Construction

Building Area Total: 1842
Construction Materials: Brick
Roof: Shingle
Structure Type: One Story