Featured Property of the Day: 1301-1328

Creekside Apartments
1301-1328 OuterPark Drive
Springfield, IL

Highlights

• 2 Buildings
• 48 Apartments Total
• 2009 Real Estate Taxes: $23,811.20
• Land Area: +/-1.70 Acres
• 2 Bedroom apartments- see attached floor plan
• Four coin operated laundry locations
• Separate utilities (water & sewer landlord expense)
• Monthly rent: $525.00- $550.00 per month
  

Remarks

• This Bank owned apartment complex will interest a buyer that looks for significant equity through property renovations and deferred maintenance repairs.
• Repair estimates on file for immediate required repairs.
• Reasonable offers are encouraged since owner recognizes that buyer will spend additional money after purchase.
• Actual operating expenses not available for an entire year - only since bank took
  possession of property.

Click Here to View Full Brochure, Photos and Floor Plans!

Listing Broker
Sam Nichols
217-494-0800 (direct)
217-787-2800 (office)
Sam@naitrue.com
www.naitrue.com

NEW LISTING: 110-118 W. Laurel

For Sale Or Lease
110-118 W. Laurel
125 Myrtle Street
Springfield, Illinois

Highlights

• Building Size: +/- 8,000 SF plus +/- 4,000 SF in basement
  


• Land Area: +/- 24,790 SF
  


• Zoning: R-5B
  


• +/- 4,000 SF can be divided into 3 or 4 first floor commercial units
  


• Commercial Rental Rate: $600 per month per 1,000 SF rentable space
  


• 6 apartment units on 2nd floor
  


• 3 basement apartment units
  


• Residential Rental Rate: $300-$350 per month
  


• Actual Operating Expenditures not available
  


• Bank owned since February 2011
  


• Tax Assessors 2009 Opinion of Value: $415,773
  


• Real Estate Taxes (2009): $10,412.48
  


• Buyer will want to protest real estate taxes
  


• Listing Price: $150,000

View Full Brochure and Photos Here

Listing Agent:
Mark A. Hurley
217-494-2854 (direct)
217-787-2800 (office)
Mark@naitrue.com
www.naitrue.com

Feature Property of the Day: 525 & 529 S. Douglas

FOR SALE

525 & 529 S. Douglas
Springfield IL
$174,900

Highlights

• Land Area: 120 X 308 (37,149 SF)
• Zoning: R3
• 2 Buildings on 37,149 SF of land
• Duplex has been updated 1 year ago, with tenants in place
• Triplex is “as is” with one tenant in place
• Total units: Three- 2 bedroom & Two- 1 bedroom apartments
• Approximately total SF of apartments: 5,548 SF
• Land is ideal for apartment development
• Broker Owned

CLICK HERE TO VIEW FULL BROCHURE/PHOTOS

Listing Agent:
Jason M. Evers
217-899-8864 (direct)
217-787-2800 (office)
217-787-2802 (fax
Jason@naitrue.com
http://www.naitrue.com/