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.

  • MLS# 423170
  • Sub-Type Resale
  • Status Active
  • Year 1952
  • Days On Site 63
SQ Feet 28,918
Units 24
Building(s) 1
Tax Exemption 0
Tax Year 2016
Approximate Taxes 2653.00
Listing Provided By:
Timothy Ratajczyk  of  Realty Central Inc.
Organ St1
Organ 2
this listing $375,000
466.04%
$66,250 in 62930
this listing 28,918 SqFt
2,380.10%
1,166 SqFt in 62930
this listing $13 $/SqFt
77.25%
$57 $/SqFt in 62930
this listing 63 on site
45.45%
115.5 on site in 62930

Location

State IL
County Saline
City Eldorado
Zip Code 62930
County Saline

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