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209 South Central Avenue 209 S Central Ave 5 Unit Apartment Building $197,187 CAD ($39,437 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 |
$50,706
|
$12.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$50,706
|
$12.84
|
| Taxes |
$4,918
|
$1.25
|
| Operating Expenses |
$6,958
|
$1.76
|
| Total Expenses |
$11,876
|
$3.01
|
| Net Operating Income |
$38,829
|
$9.84
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $50,706 |
| Annual Per SF | $12.84 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $50,706 |
| Annual Per SF | $12.84 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,918 |
| Annual Per SF | $1.25 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,958 |
| Annual Per SF | $1.76 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,876 |
| Annual Per SF | $3.01 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $38,829 |
| Annual Per SF | $9.84 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $845.09 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 | $62,506 CAD (2024) |
| Land Assessment | $15,324 CAD (2024) | Annual Taxes | $4,918 CAD ($1.25 CAD/SF) |
| Improvements Assessment | $47,181 CAD (2024) | Tax Year | 2026 |
Property Taxes
Parcel Number
03-11-19-16-402-047
Land Assessment
$15,324 CAD (2024)
Improvements Assessment
$47,181 CAD (2024)
Total Assessment
$62,506 CAD (2024)
Annual Taxes
$4,918 CAD ($1.25 CAD/SF)
Tax Year
2026
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209 South Central Avenue | 209 S Central Ave
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