Skip To Content

1003 Cherokee St.

Collinsville, IL 62234
  • $1,085,000
  • STATUS: Active Under Contract
  • ON SITE: 28 Days
  • ID#: 22047024
Under Contract
UPDATED: 155 min ago
$1,085,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,240
    SQFT
  • $335
    $/SQFT
Neighborhood:
Seneca Hills
Type:
Commercial
Built:
1979
County:
St Clair

School Information

Elementary School:
Collinsville Dist 10
Middle School:
Collinsville Dist 10
High School:
Collinsville
School District:
Collinsville Dist 10
School Ratings & Info

Description

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.

Monthly Payment Calculator

Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-08-14T23:39:18.887.

Two Keys at RE/MAX Alliance: 618-581-4324
www.twokeysforhome.com/homes/130994292
Print Image

1003 Cherokee St. Collinsville, IL 62234

  • Price: $1,085,000
  • Status: Active Under Contract
  • On Site: 28 Days
  • Updated: 155 min ago
  • ID#: 22047024
0
Beds
0
Baths
0
½ Baths
0.28
Acres
3,240
SQFT
$335
$/SQFT
1979
Built
Neighborhood:
Seneca Hills
County:
St Clair
Elementary School:
Collinsville Dist 10
Middle School:
Collinsville Dist 10
High School:
Collinsville
School District:
Collinsville Dist 10
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials Brick VeneerCedar Lot Size Dimensions 83.78 X 133.33 Lot Size Source County Records Parking Features Parking Lot

Interior Features

Above Grade Finished Area Source Public Records Cooling Electric Heat Source Electric Heating Forced Air Heating YN Yes Laundry Features Prvt Laund All Units

Property Features

Association Greater Gateway Association Of Realtors Cross Street Apache Dr. Disclosures UnknownSellers Discl. Avail Inclusions Building & Land Lease Term Leases Net Operating Income 19360 Ownership Private Possession Close Of Escrow Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment Complex Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 3296 Tax Year 2021 Tenant Pays All Utilities Transaction Type Sale Two Bed Units 4 Water Source Public

Listing provided courtesy of Re/Max Alliance. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-08-14T23:39:18.887.

Two Keys at RE/MAX Alliance: 618-581-4324
 
https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_1_22047024-1.jpg https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_1_22047024-1.jpg https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_1_22047024-1.jpg
Logo
Two Keys at RE/MAX Alliance
120 South Buchanan
Edwardsville IL, 62025