You have been waiting for a exceptional opportunity.

Wait no more. Almost 100% full with one app in place for last unit. 25 unit . yes, 25 Unit complex in the heart of Swansea. All units are 2 bed 1 bath, with ne efficiency unit currently being used as an office, but has been rented before. Tenants pay electric, W/S/T is an additional fee added to rent. On site coin/app operated laundry managed by Hoppy Self Service. Reasonable Rents, Great Location with Bus steps away and across street from gas station for those midnight sodas and lots of protection with Swansea Police Dept directly across street. Almost all units have been updated. Sellers will be relocated and feel that a local owner would possibly better serve this investment. Property is Broker owned. A definite need to look at if you are in the market to add to your rental portfolio or start a brand new one!

Notice required, qualified buyers may obtain P and L. This one will not last!

Request Information
on N First St and Pawnee Dr
in Swansea, IL
Presented by GERRY DAVIDSON at
Prestige Realty Group.


Property MLS #24015101 from MARIS

+ Reveal additional info including schools and tax history

+ Toggle All

+ Appliances

Laundry Facilities: Coin Operated

+ Heating and Cooling

Cooling Features: Central-Electric
Heating Features: Forced Air
Heating Fuel: Electric
Water Heaters: Electric

+ Interior Features

Furnished Description: Building & Land

+ Land Info

Lot Size Acres: 1.18
Lot Size Dimensions: 219.29x259.12x169.73x114.18x48.95x150
Lot Size Source: County Records
Lot Size Square Feet: 51401

+ Garage and Parking

Parking Features: Parking Lot

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School: HIGH MOUNT DIST 116
High School: Belleville High School-East
Middle School: HIGH MOUNT DIST 116
School District: High Mount DIST 116
+ Display Complete School Details

High Mount Elementary School is a public elementary and middle school located approximately 0.4 miles away.
Map directions

St Teresa Catholic School is a private elementary and middle school located approximately 0.7 miles away.
Map directions

St Clair Co Roe Safe School is a public elementary, middle and high school located approximately 1.2 miles away.
Map directions

+ Rental Info

Gross Income: 229548.00
Tenant Pays: Cable TV/Satellite, Electric

+ Multi-Unit Info

Number of Units: 25

+ Other Property Info

Annual Tax Amount: 31518
Source Listing Status: Active Under Contract
County: St Clair-IL
Cross Street: First
Directions: Rt 159 to Pawnee
Tax Year: 2022
Ownership: Private
Source Property Type: Multi-Family 5+
Property Subtype: Apartment Complex
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-04-13
$1,470,000
MARIS

---

Listed 2024-03-14
$1,495,000
MARIS

+ Commercial Info

Net Operating Income: 155048.00

+ Building and Construction

Total Square Feet Living: 19464
Construction Materials: Brick/Stone Msn Pred
Living Area Source: County Records
Total Above Grade Sqft Area: 19464
Architectural Style: Low/1-2

+ Utilities

Sewer: Public
Water Source: Public