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Courtesy: Linda Nugent Realtors | Linda Nugent
  • Price:

    • $300,000

  • Listing #:
    • 6175553
  • Class:
    • Multi-Family
  • Type:
    • N/A
  • Status:
    • Active
  • Style:
    • Other
  • Units:
    • 1
  • School District:
    • Charleston Dist. 1
  • Address:
    • 917 Woodlawn Drive
  • City:
  • County:
    • Coles
  • Area:
    • N/A
  • State:
    • IL
  • Zip:
    • 61920

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Description

LOCATED JUST BLOCKS SOUTH OF E.I.U.!A large church consisting of 5,092 square feet sits in the middle of this 1.54 acre parcel just south of Eastern Illinois University. Thereâs maximum parking at this property that consists of four lots on one tax bill. Fourteen rooms consist of large, open sanctuary with upper balcony and stage, numerous class rooms, office, kitchen, three baths and several miscellaneous, multi-purpose areas. Currently rented to a local church, the lease amounts are: 10/01/16 â 09/30/17 at $1,200/month; 10/01/17 â 09/30/18 at $1,367/month and 10/01/18 â 09/30/10 at $1,500/month. Current tenants pay for lawn care, utilities, renterâs insurance and take care of the general upkeep on the building. Per owners, they had formerly designed a 35 unit with 2 bed/2 bed apartment complex for this location. At 72 bedrooms and income of $550/bed, the potential income per months on that investment would be approximately $475,200. The possibilities are endless so call today for your private tour.
  • Hookups In Building YN:
    • - Yes
  • Hookups In Unit:
    • - Yes
  • Unit1BathsTotal:
    • - 3
  • MltUnit1Refrig:
    • - Yes
  • MltUnit1Lease:
    • - Yes
  • Unit1TotalRent:
    • - 1367
  • MltUnit1Room:
    • - 1
  • MltUnit1Sqft:
    • - 5092
  • MltUnit1Stove:
    • - Yes
  • Basement Fin Sqft Apx:
    • - 2546
  • TotalExpense:
    • - 5112
  • GrossScheduledIncome:
    • - 16404
  • LotSizeSquareFeet:
    • - 67082
  • Main Sqft Apx:
    • - 2546
  • Rent/Month:
    • - 1367
  • RoomsTotal:
    • - 13
  • Sewer:
    • - City
  • LivingAreaSource:
    • - Courthouse
  • StoriesTotal:
    • - 1 Story
  • Stove YN:
    • - Yes
  • TaxAmount:
    • - 4520
  • TaxYear:
    • - 2017
  • Water:
    • - City
  • Zoning:
    • - R-3
  • FoundationType:
    • - Basement
    • - Finished
  • FeaturesInterior:
    • - Ceiling Fan
    • - Ceramic Tile Floor
    • - Carbon Monoxide Detector
    • - Carpeted Floors
    • - Drywall
  • FeaturesExterior:
    • - Ground Lvl Access
    • - Concrete Parking
    • - Landscaped
    • - Large Trees
    • - Level
    • - Handicap Access
  • ExteriorAppear:
    • - Aluminum
    • - Vinyl
  • DriveConstruction:
    • - Concrete
  • Basement:
    • - Finished
    • - Full
  • Appliances:
    • - Built-in
    • - Counter Top
    • - Range
    • - Refrigerator
  • WaterHeater:
    • - Gas
  • Roof:
    • - Shingle
  • Heat:
    • - Gas
    • - Hot Water
  • Cooling:
    • - Central
    • - Wall

For more information on this listing, please contact...