1320 Mckinley StMascoutah, IL 62258

For Sale
$1,348,000

Six 3BR/3.5BA units, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 6-unit apartment building presents a lucrative investment opportunity in the thriving Mascoutah, IL market. Completed in September 2023, this meticulously constructed property boasts a total of 10,218 square feet, with each unit offering a spacious 1,703 square feet of living space. The townhome-style design features three bedrooms and 3.5 bathrooms in each unit. The main floor includes a living room, kitchen, dinette, and half-bath. Upstairs, you'll find two bedrooms and two full bathrooms. The lower level provides a family room, an additional bedroom, a full bathroom, and a convenient laundry/utility room. Each unit is equipped with ceiling fans throughout. Situated on a 0.32-acre lot, the property includes 12 parking spaces. The building's multi-family zoning ensures flexibility and potential for future growth. The property's prime location in Mascoutah, IL, a growing municipality, promises strong rental demand and a high return on investment. The asking price is $1,348,000, and the parcel number is 09-36.0-202-014. This is a turnkey opportunity for investors seeking a high-quality, newly constructed multifamily property in a desirable location.

Highlights

  • Six (6) luxury townhome-style apartments, each with 3 bedrooms and 3.5 baths, situated on a 0.32-acre lot.
  • Newly constructed in September 2023; 10,218 square foot building with each unit offering 1,703 square feet.
  • Main floor features a living room, kitchen, dinette, and half-bath.
  • Second floor includes two bedrooms and two full bathrooms.
  • Lower level offers a family room, one bedroom, one full bath, and laundry/utility room.
  • Ceiling fans throughout all units.

Property Details for 1320 Mckinley St

Property type
Multifamily properties, Apartment buildings
Square Feet
10,218 SF
Year Built
2023
Stories
2
Lot Size (sq. ft)
13,939 SF
Units
6

Location Insight

City
Mascoutah
County
St. Clair
State
Illinois
Latitude
38.491496959708
Longitude
-89.819032215736
1320 Mckinley St, Mascoutah, Illinois

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1320 Mckinley St
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