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Sold for $2,025,000 on 07/29/24
    • $2,025,000

    555 Roddy Rd, Salem, IL 62881

    46beds
    46baths
    22,528sqft
    Multi Family, Apartment
    Built in 1979
    -- sqft lot
    $2,135,300 Zestimate®
    $90/sqft
    $904 Estimated rent

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    What's special

    Very well maintained turn key operation 34 unit apartment buildings in 3 buildings. 22 (1) bedroom (1) bath units. 12 (2) bedroom (1.5) bath apartments. 12 storage units (14x22) leased out. Ample parking. A&B buildings have common areas with coin operated washer & dryers. Currently full capacity. Also included is vacant land zoned commercial for more buildings. Lots of updates including windows in 2020, metal roof in 2010. Extra income of 12 storage units and the coin operated washer & dryers in the common areas.

    Zillow last checked: 8 hours ago

    Listing updated: August 02, 2024 at 01:01pm

    Listed by:

    Michael E Hammond Phone:618-473-2500,

    Property Peddler Inc

    Bought with:

    Non-Member Agent RMLSA

    Non-MLS

    Source: RMLS Alliance,MLS#: EB452886MLS LogoOriginating MLS: Egyptian Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 46
    • Bathrooms: 46
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Water Heater
    • Laundry: Common Area
    Features
    • Basement: Partial
    Interior area
    • Total structure area: 22,528
    • Total interior livable area: 22,528 sqft

    Property

    Parking
    • Total spaces: 70
    • Parking features: On Street, Parking Pad
    • Has uncovered spaces: Yes
    Lot
    • Size: 6.30 Acres
    • Features: Extra Lot, Level
    Details
    • Additional parcels included: 1100026805 1100022569
    • Parcel number: 1100026800
    • Zoning description: Multi family and commerc

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Salem
    • Subdivision: Lamplighter

    Other

    Other facts
    • Road surface type: Paved

    Nearby cities