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517 E Monroe St - 517 - 519 E Monroe St - 8 units + 49 outdoor 57 Unit Apartment Building Offered at $1,045,607 CAD Metamora, IL 61548

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INVESTMENT HIGHLIGHTS

  • Hallmark Factory next to the outdoor storage

EXECUTIVE SUMMARY

Unique investment opportunity. This listing includes 2 parcels. One parcel is a pay to park parking lot with 49 parking spaces. The other parcel has 3 multi-unit properties on it. Between the 3 buildings there are 8 total units, (4 unit, 2 unit, 2 unit). 407 Morgan St = 2 units (3 Bed/1 Bath, 1 Bed/1 Bath). 517 E Monroe = 4 units (4 @ 2 Bed/1 Bath). 519 E Monroe = 2 units (2 Bed/1 Bath, 1 Bed/1 Bath). CoListed with Chris Rothan of eXp Realty

PROPERTY FACTS

Price $1,045,607 CAD
Price Per Unit $18,344 CAD
Sale Type Investment
No. Units 57
Property Type Multifamily
Building Class C
Lot Size 1.46 AC
Building Size 1,925 SF
Average Occupancy 99%
No. Stories 2
Year Built/Renovated 1967/2023
Parking Ratio 4.16/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 09-17-405-005
  • 09-17-405-007
Land Assessment
$36,341 CAD
Improvements Assessment
$103,166 CAD
Total Assessment
$139,508 CAD
  • Listing ID: 38612090

  • Date on Market: 2025-12-01

  • Last Updated:

  • Address: 517 E Monroe St, Metamora, IL 61548

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