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913 Joliet Drive 1, Cahokia, IL 62206

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For Sale
Sale Pending

$375,000

0.22 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 25041158

Courtesy Of Kunkel Wittenauer Group

(618) 632-8200

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    New Traditional
  • Exterior Type
    Brick
  • Lot Size
    0.22 Acres

Map and Directions

Directions to 913 Joliet Drive 1, Cahokia, IL 62206
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Home seller CENTURY 21 Advantage Real Estate, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Advantage Real Estate, Inc.

(618) 281-7621
Learn More About Us

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