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913 Joliet Drive #1, Cahokia, IL 62206

Local realty services provided by:CENTURY 21 Premiere Realty
913 Joliet Drive #1,Cahokia, IL 62206
$288,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brendan barone
Office: kunkel wittenauer group, inc
MLS#:25041158
Source:MO_MARIS

Price summary

  • Price:$288,000

About this home

Turnkey 6-unit multifamily investment opportunity in Cahokia Heights. This fully occupied, professionally managed property features six 2-bedroom, 1-bath units with updated interiors and strong rental income. Recent renovations in 2022 and individual metering provide low-maintenance ownership. Located directly behind the post office and across from Cahokia High School. Current asking rents are $975/month per unit, generating a projected 2025 gross income of $55,608. With a 7.93% CAP rate and solid tenant base, this is a cash-flowing asset perfect for any investor.

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Home facts

  • Year built:1964
  • Listing ID #:25041158
  • Added:184 day(s) ago
  • Updated:December 14, 2025 at 04:22 PM

Heating and cooling

  • Cooling:Central Air

Structure and exterior

  • Year built:1964
  • Lot area:0.22 Acres

Schools

  • High school:Cahokia
  • Middle school:CAHOKIA DIST 187
  • Elementary school:CAHOKIA DIST 187

Finances and disclosures

  • Price:$288,000
  • Tax amount:$4,399 (2023)
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