See all 7 photos
$250,000
Est. payment /mo
10,018 Sqft Lot
New
602 N Main Augusta, IL 62311
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26068944
Annual Tax Amount $1,403
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Mixed Use
Property Description
Your new investment opportunity awaits! 8-total units (7-residential & 1-commercial unit) in these 2-buildings included w/ this sale. A brand new $60,000 TPO roof was just installed in 2026. At an 85% occupancy this investment has the potential of bringing in $29,577 (annual NOI) at a 11.8% cap rate. Or at a 90% occupancy has the potential of bringing in $32,977 (annual NOI) at a 13.2% cap rate. See attached summary of investment figures provided by seller(s). Figures are not guaranteed & should be individually verified by buyer(s). A great investment opportunity for the perfect investor. Proof of funds or pre-approval required prior to any in-person showings.
Location
State IL
County Hancock
Interior
Heating Baseboard, Electric, Heat Pump, Radiant Floor
Cooling Central Air, Window Unit(s)
Flooring Combination
Fireplace N
Laundry Inside, Laundry Closet, Main Level, Washer Hookup
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Building
Water Public
Structure Type Brick,Vinyl Siding
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Package
Listed by Luke Tappe • KW Hometown
Nearby Locations
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