YEARLY GROSS RENTAL INCOME OF $157,920 ! 100% occupied-This seller enjoyed a double digit cap rate! Check out this entire portfolio- includes 19 total units (11 properties), in this sale: Collinsville locations- 1002 Cherokee Dr. (4 unit) 03-04.0-209-005 ; 125 March Dr. 13-2-21-22-17-302-028; Granite City locations- 2637 Grand Ave 22-2-20-18-12-203-041 (2 unit); 2525 Grand Ave 22-2-20-18-15-403-074; 2510 Nameoki Rd. 22-2-20-17-15-403-002 (2 unit); 2316 Edwards St. 22-2-20-18-20-402-018; 2473 Center St. 22-2-20-18-10-102-002; 1105 Veterans Pkwy 22-2-20-18-10-104-007; 2453 Hodges Ave 22-2-20-17-13-305-014; 2747 Washington Ave 22-2-20-17-09-105-020 (possible 2 unit). Click through photos of each of the properties listed above. Don't let this opportunity pass you by- this seller spent 6 years building this portfolio-you can reap the benefits. Call for details - financial information & property updates list is available upon request. Tenants rights apply-do not disturb tenants.
Closed
Listing Provided by:
Kathy &Randy J Malawy 618-977-2803,
RE/MAX Alliance
Bought with: Berkshire Hathaway HomeServices Select Properties
Zestimate®
$815,500
1003 Cherokee St, Collinsville, IL 62234
2beds
1baths
3,240sqft
Multi Family
Built in 1979
-- sqft lot
$815,500 Zestimate®
$252/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 28, 2025 at 05:44pm
Listing Provided by:
Kathy &Randy J Malawy 618-977-2803,
RE/MAX Alliance
Bought with:
Sandie F LaMantia, 475122831
Berkshire Hathaway HomeServices Select Properties
Source: MARIS,MLS#: 22047024
Originating MLS: Greater Gateway Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,240
- Total interior livable area: 3,240 sqft
- Finished area above ground: 3,240
Property
Parking
- Parking features: Open, Parking Lot
- Has uncovered spaces: Yes
Lot
- Size: 0.28 Acres
- Dimensions: 83.78 x 133.33
Details
- Parcel number: 0304.0212010
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Wood Siding, Cedar
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Collinsville
- Subdivision: Seneca Hills
Other
Other facts
- Listing terms: Cash,Conventional,Private Financing Available,Other
- Ownership: Private
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$815,500
2% more+$16,310
With Zillow Showcase(estimated)$831,810