These apartments are an excellent investment opportunity! There are 16 2 bedroom/2 bath furnished units adjacent to Rend Lake College. They are primarily rented to Rend Lake College student athletes. The apartments are furnished and include a 2-person desk in each bedroom as well as 2 walk-in closets that are lockable. The apartments have an on-site manager who is long-term and responsible. The manager has her own apartment, and a separate leasing office. There is a laundry room and mail boxes in the center of the apartment complex. The complex has 7 security cameras, and the entire parking lot is well lit. Units 1-4 were built in 2001. Units 5-16 were built in 2004! More units can be built on the 8.43 acres. Financials available to serious investors. Call to schedule showing!

  • MLS# 425750
  • Sub-Type Resale
  • Status Active
  • Year 2001
  • Days On Site 46
SQ Feet 18,320
Units 16
Building(s) 1
Tax Exemption 0
Tax Year 2017
Approximate Taxes 38060.00
Listing Provided By:
Robin S. Gelfius  of  RE MAX Elite
Exterior
Exterior
Exterior
Apartment A- Living Room
Apartment A- Living Room
Apartment A- Living Room
Apartment A- Kitchen
Apartment A- Kitchen
Apartment A- Bedroom 1
Apartment A- Bedroom 1
Apartment A- Bathroom
Apartment A- Bathroom
Apartment A- Bedroom 2
Office
Office
Laundry Facilities
Apartment B- Kitchen
Apartment B- Bedroom 1
Apartment B- Bathroom
Exterior
Exterior
Exterior
Exterior
Exterior
Exterior
Exterior
this listing $1,095,000
8,660.00%
$12,500 in 62846
this listing 46 on site
65.15%
132 on site in 62846

Location

State IL
County Franklin
City Ina
Zip Code 62846
County Franklin

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