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528 Curry Ave - ILLINOIS SOLAR DUPLEX 1,728 SF Specialty Building Offered at $362,862 CAD at a 9.81% Cap Rate in Illiopolis, IL 62539
Investment Highlights
- EXTREMELY ENERGY EFFICIENT--SMALL TOWN LOCATION --EASY ACCESS TO 3 MAJOR CITIES--VILLAGE APPROVED TIF 75%TAX REIMBURSEMENT UP TO $70,000 OVER 10 YEARS
Executive Summary
NEW CONSTRUCTION--Very energy efficient--high end Heat Pump Mini Split HVAC system--extra insulation, unique insulated block crawl space--convenient location between Springfield IL (IL State Capital), Decatur, IL (ADM/Catepillar) and Bolingbrook (State Farm/Rivian)--INVESTMENT TAX CREDIT FOR NEW HEAT PUMPS--UP TO $2,000
PRICE INCLUDE NEW SOLAR ROOF INSTALLATION--AND INCLUDES OVER $50,000 OF IMMEDIATE TAX CREDITS, STATE REBATES AND BONUS DEPRECIATION (FOR 35% BRACKET) (MORE INFO AVAILABLE FOR THE SOLAR INSTALLATION)
CALL OR EMAIL FOR MORE INFORMATION--WE ARE BUILDING SEVERAL OF THESE IN CENTRAL IL
$100,000 DOWN--SHORT TERM SELLER FINANCING OF $169,000 AT 7%
PRICE INCLUDE NEW SOLAR ROOF INSTALLATION--AND INCLUDES OVER $50,000 OF IMMEDIATE TAX CREDITS, STATE REBATES AND BONUS DEPRECIATION (FOR 35% BRACKET) (MORE INFO AVAILABLE FOR THE SOLAR INSTALLATION)
CALL OR EMAIL FOR MORE INFORMATION--WE ARE BUILDING SEVERAL OF THESE IN CENTRAL IL
$100,000 DOWN--SHORT TERM SELLER FINANCING OF $169,000 AT 7%
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$35,612
|
$20.61
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$35,612
|
$20.61
|
| Taxes |
$1,349
|
$0.78
|
| Operating Expenses |
$2,698
|
$1.56
|
| Total Expenses |
$4,047
|
$2.34
|
| Net Operating Income |
$31,565
|
$18.27
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $35,612 |
| Annual Per SF | $20.61 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $35,612 |
| Annual Per SF | $20.61 |
| Taxes (CAD) | |
|---|---|
| Annual | $1,349 |
| Annual Per SF | $0.78 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,698 |
| Annual Per SF | $1.56 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $4,047 |
| Annual Per SF | $2.34 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $31,565 |
| Annual Per SF | $18.27 |
Property Facts
| Price | $362,862 CAD | Lot Size | 0.20 AC |
| Price Per SF | $209.99 CAD | Building Size | 1,728 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 9.81% | Year Built | 2023 |
| Property Type | Specialty | Parking Ratio | 2.31/1,000 SF |
| Property Subtype | Residential Income | ||
| Zoning | Residential - Multi Family | ||
| Price | $362,862 CAD |
| Price Per SF | $209.99 CAD |
| Sale Type | Investment |
| Cap Rate | 9.81% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Lot Size | 0.20 AC |
| Building Size | 1,728 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 2.31/1,000 SF |
| Zoning | Residential - Multi Family |
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Property Taxes
| Parcel Number | 18-07.0-153-037 | Total Assessment | $86,074 CAD (2024) |
| Land Assessment | $4,099 CAD (2024) | Annual Taxes | $1,349 CAD ($0.78 CAD/SF) |
| Improvements Assessment | $81,976 CAD (2024) | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
18-07.0-153-037
Land Assessment
$4,099 CAD (2024)
Improvements Assessment
$81,976 CAD (2024)
Total Assessment
$86,074 CAD (2024)
Annual Taxes
$1,349 CAD ($0.78 CAD/SF)
Tax Year
2025 Payable 2025
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Curry Drive Partners
528 Curry Ave - ILLINOIS SOLAR DUPLEX
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