1240 S Main St | Morton, IL 61550
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- LoopNet Team
1240 S Main St
Morton, IL 61550
Skyway Apartments · Multifamily Property For Sale · 80 Units
Investment Highlights
- Great Value Add Opportunity
- Below Market Rents
- Great Unit Mix
- Emerging Central Illinois Market
PROPERTY FACTS
| No. Units | 80 | Building Size | 76,438 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C | Parking Ratio | 0.49/1,000 SF |
| Lot Size | 3.87 AC |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.87 AC |
| Building Size | 76,438 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 0.49/1,000 SF |
Unit Amenities
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Deck
- Patio
- Wheelchair Accessible (Rooms)
Site Amenities
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 750 |
| 2+1 | 32 | - | 900 |
| 2+2 | 20 | - | 900 - 950 |
| 3+2 | 8 | - | 1,050 |
PROPERTY TAXES
| Parcel Number | 06-06-20-311-004 | Improvements Assessment | $694,410 |
| Land Assessment | $185,180 | Total Assessment | $879,590 |
PROPERTY TAXES
Parcel Number
06-06-20-311-004
Land Assessment
$185,180
Improvements Assessment
$694,410
Total Assessment
$879,590
zoning
| Zoning Code | R-1 (Multifamily Residential) |
| R-1 (Multifamily Residential) |
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