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419 W Main

5 Unit Apartment Building $375,000 ($75,000/Unit) Du Quoin, IL 62832

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Investment Highlights

The fully updated property requires no major renovations, offering an excellent opportunity for immediate rental income
In 2021, all five units were upgraded with high-efficiency HVAC systems, five new hot water heaters, new electrical panels, and renovated kitchens.

All-new flooring, fresh paint throughout, and updated switches, outlets, and light fixtures.

Executive Summary

This incredible 5-unit property offers spacious layouts, with each unit featuring 2 bedrooms and 1 bathroom. The property has undergone extensive updates, making it a true turnkey investment. In 2021, all five units were upgraded with high-efficiency HVAC systems, five new hot water heaters, new electrical panels, and beautifully renovated kitchens complete with Forevermark cabinets, granite countertops, and stainless steel appliances. Bathrooms have been fully remodeled with new shower enclosures, vanities, toilets, and fixtures.
Additional improvements include all-new flooring (vinyl and carpet), fresh paint throughout, and updated switches, outlets, and light fixtures for a modern, polished look. The property is further enhanced with a new roof installed in 2018.
This fully updated property requires no major renovations, offering an excellent opportunity for immediate rental income. Located in the tranquil community of DuQuoin, this investment gem is ideal for seasoned investors or those looking to start their real estate journey.
Don’t miss out on this rare opportunity to own a beautifully upgraded multi-family property in DuQuoin!

GIS

Property Facts

Price	$375,000	Lot Size	0.17 AC
Price Per Unit	$75,000	Building Size	4,900 SF
Sale Type	Investment	Average Occupancy	100%
No. Units	5	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1976/2016
Property Subtype	Apartment	Parking Ratio	2.04/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$375,000
Price Per Unit	$75,000
Sale Type	Investment
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.17 AC
Building Size	4,900 SF
Average Occupancy	100%
No. Stories	2
Year Built/Renovated	1976/2016
Parking Ratio	2.04/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.