Description
Are you looking to invest in a easy income making property? This property has a little bit of everything!! On this 6+ acre parcel there are 3 apartment rentals, 38 storage units, 13 climate controlled storage units and approximately 3+/- acres fenced and gated for RV/Boat/Vehicle parking/storage. The 3 apartments consist of a 1 bedroom, 2 bedroom & 3 bedroom units. All of this is already established and yet there is room to expand! Monthly income changes due to the storage units. The monthly income is also affected by the apartments were leased at below rates during Covid. They are gradually being increased. The projected income can be more if you continue to develop the property. Add more storage units, add more climate controlled units, add more apartments or even rent out some warehouse storage. The main building has 13,580 sq ft. The vehicle storage area can also hold more than what is currently being used. Endless possibilities await!
Property Highlights
Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 1962
General Information
County: Jackson
Listed By:
RE/MAX INTEGRITY
618-422-9070
MRED MLS
MLS ID: 12606956
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10543 Highway 149 Highway, Murphysboro, IL 62966.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $495,000 | $495,000 | $495,000 |
| Down Payment | $99,000 | $17,325 | $123,750 |
| Monthly Mortgage Amount | $2,342 | $2,914 | $3,033 |
| Taxes | $689 | $689 | $689 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $218 | $0 |
| Monthly Estimated Total | $3,175 | $3,965 | $3,866 |