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209 South Central Avenue 209 S Central Ave 5 Unit Apartment Building $193,250 CAD ($38,650 CAD/Unit) 19.69% Cap Rate Casey, IL 62420
Executive Summary
SOLID BRICK RENTAL!!!
5 large apartments. Great condition. Units will rent at $600 each. Separate electric, water and gas meters. Low maintenance. Easy to manage. BUILDING WILL GENERATE A 19%+ NET RETURN ON INVESTMENT!!! Located in Casey, IL, home of the world's largest things in a small town!
Property management and financing is available.
5 large apartments. Great condition. Units will rent at $600 each. Separate electric, water and gas meters. Low maintenance. Easy to manage. BUILDING WILL GENERATE A 19%+ NET RETURN ON INVESTMENT!!! Located in Casey, IL, home of the world's largest things in a small town!
Property management and financing is available.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$49,693
|
$12.59
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$49,693
|
$12.59
|
| Taxes |
$4,820
|
$1.22
|
| Operating Expenses |
$6,819
|
$1.73
|
| Total Expenses |
$11,639
|
$2.95
|
| Net Operating Income |
$38,054
|
$9.64
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $49,693 |
| Annual Per SF | $12.59 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $49,693 |
| Annual Per SF | $12.59 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,820 |
| Annual Per SF | $1.22 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,819 |
| Annual Per SF | $1.73 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,639 |
| Annual Per SF | $2.95 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $38,054 |
| Annual Per SF | $9.64 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $828.22 CAD | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 03-11-19-16-402-047 | Total Assessment | $73,636 CAD (2025) |
| Land Assessment | $16,309 CAD (2025) | Annual Taxes | $4,820 CAD ($1.22 CAD/SF) |
| Improvements Assessment | $57,328 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
03-11-19-16-402-047
Land Assessment
$16,309 CAD (2025)
Improvements Assessment
$57,328 CAD (2025)
Total Assessment
$73,636 CAD (2025)
Annual Taxes
$4,820 CAD ($1.22 CAD/SF)
Tax Year
2026
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209 South Central Avenue | 209 S Central Ave
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