properties / For Sale
100 S James St, Sparta, Illinois - $270,000

Residential, Commercial in Randolph County





Listing Number: 168

Property Details

Turnkey Investment: Apartment complex in Sparta, IL. This complex has a total of 8 apartments, 4 of them are single bedroom units and the other 4 are 2 bedroom. New flooring and fresh paint have been completed on 6 of the apartments and they are currently tenant occupied. One of the remaining 2 apartments will have new flooring and paint completed by February 15th, then the last apartment's updating will begin. This attractive brick complex has 7 new A/C units, 6 new refrigerators and 6 new stoves in the remodeled apartments, and 7 newer hot water heaters. All of the common areas have been updated, as well as new doors on the entryway and all of the apartments.

Single Bedroom Units:

  • Bedroom  11.54 x 11.9
  • Bath  7.91 x 4.88
  • Livingroom  18.93 x 11.92
  • Kitchen  11.33 x 3.33
  • Overall Area  539.40 Sq. ft.

Two Bedroom Units:

  • Kitchen  8.5 x 8.1
  • Dining Room  7.77 x 8.5
  • Living Room  12.7 x 16.6
  • Bath  4.1 x 8.17
  • Bedroom  9.41 x 11.9
  • Closet  6.14 x 3.93
  • Bedroom  8.55 x 11.47
  • Closet  2 5.45 x 1.8
  • Overall Area  705.29 Sq. Ft.

Directions: From Route 4/N Market Street in Sparta go west on W Main Street to James Street. Property is on the corner.

Agent Comments:

The potential monthly gross income for these apartments at full occupancy is currently $4,000.

Building Description:

New Exterior Features:

  • Roof
  • Entry Doors
  • Soffit
  • Fascia
  • Gutters

Legal Description: Part of Sec 1, T5S - R6W

Parcel(s): 19-002-001-00 $ 19-001-013-00

Taxes: 2018 total both parcels - $8,124.38

View Associated Files:
  • Contact:

    Brad Chandler, Auctioneer & Real Estate Broker

    Cell:
    618-791-3289

    Work:
    877-473-2018 ext 102

    Email Agent

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