Coldwell Banker Prime Realty - Carbondale, Carterville, Energy, Marion, and Murphysboro
1901 Organ Street
Eldorado, IL 62930

Description

24 Unit apartment building in Eldorado. Property is in distressed condition. Formally used as a hospital the property was converted to apartment housing. The town of Eldorado has a population of 4000 people. Located in Saline County, Eldorado is a bedroom community to the micro metropolitan area of Harrisburg. The county has a population of 26 thousand people (2016). These units previously provide affordable housing with all utilities being included in rent. Pro forma estimate done by listing broker does not include Capex numbers, rents could be increased or utilities cost could be shifted by reconstructing electrical lay out and heating and AC setup, thus pro forma is merely meant to give a snap shot of how this building could perform.

Details

MLS#423170
Sub-TypeResale
StatusActive
Year1952
Days On Site64

Features

SQ Feet28,918
Units24
Building(s)1

Additional Information

Tax Exemption0
Tax Year2016
Approximate Taxes2653.00

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Area Information

StateIL
CountySaline
CityEldorado
Zip Code62930
CountySaline
Listing VS Median (in 62930)
Price:
$375,000
low | high
Med:
$66,250
100% of Average
SqFt:
28,918
low | high
Med:
1,166
100% of Average
$ / SqFt:
$13
low | high
Med:
$57
100% of Average
On Site:
64
low | high
Med:
115.5
55.411255411255% of Average
Listing Updated: 11/13/2018
MLS Number: 423170
Listing Provided By:
Timothy Ratajczyk  of  Realty Central Inc.

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