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Investment Highlights

  • The fully updated property requires no major renovations, offering an excellent opportunity for immediate rental income
  • In 2021, all five units were upgraded with high-efficiency HVAC systems, five new hot water heaters, new electrical panels, and renovated kitchens.
  • All-new flooring, fresh paint throughout, and updated switches, outlets, and light fixtures.

Executive Summary

This incredible 5-unit property offers spacious layouts, with each unit featuring 2 bedrooms and 1 bathroom. The property has undergone extensive updates, making it a true turnkey investment. In 2021, all five units were upgraded with high-efficiency HVAC systems, five new hot water heaters, new electrical panels, and beautifully renovated kitchens complete with Forevermark cabinets, granite countertops, and stainless steel appliances. Bathrooms have been fully remodeled with new shower enclosures, vanities, toilets, and fixtures.
Additional improvements include all-new flooring (vinyl and carpet), fresh paint throughout, and updated switches, outlets, and light fixtures for a modern, polished look. The property is further enhanced with a new roof installed in 2018.
This fully updated property requires no major renovations, offering an excellent opportunity for immediate rental income. Located in the tranquil community of DuQuoin, this investment gem is ideal for seasoned investors or those looking to start their real estate journey.
Don’t miss out on this rare opportunity to own a beautifully upgraded multi-family property in DuQuoin!

Attachments

GIS

Property Facts

Price $452,004 CAD
Price Per Unit $90,401 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 4,900 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1976/2016
Parking Ratio 2.04/1,000 SF
Opportunity Zone Yes

Amenities

Unit Amenities

  • Microwave
  • Washer/Dryer Hookup
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Carpet
  • Vinyl Flooring

Site Amenities

  • Picnic Area

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
2-61-1290-120
Land Assessment
$8,247 CAD
Improvements Assessment
$63,438 CAD
Total Assessment
$71,685 CAD
  • Listing ID: 34396778

  • Date on Market: 2025-01-07

  • Last Updated:

  • Address: 419 W Main, Du Quoin, IL 62832

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