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Commercial > Multi-family / Apartments
Active
2 weeks ago
List Price
$288,000

913 Joliet Dr 1
Cahokia, IL 62206

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  • 913 Joliet Dr 1, Cahokia, IL 62206 is a 2,244 ft² multi-family/apartments property built in 1964 on a 0.220 acre lot. This multi-family/apartments is currently listed for $288,000, and it was last sold in 2022 for $705,000.

    MLS Description

    The listing agent's description. Original Listing

    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.

    Listing Agents

    The listing agent for 913 Joliet Dr 1 is Brendan Barone.

    Current Ownership

    Information about the current owner(s).

    Property History

    913 Joliet Dr 1 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 913 Joliet Dr 1

    School Information

    Public/private schools serving 913 Joliet Dr 1

    Neighborhood

    This property is located in Lafayette Place, Cahokia, IL 62206.

    Market Trends

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    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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