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This exceptional portfolio comprises six meticulously maintained single-family homes situated across desirable Illinois neighborhoods: Springfield, Elk Grove Village, Collinsville, Bloomingdale, Joliet, and Decatur. The properties boast a combined NOI of $175,462, representing a compelling 7.00% capitalization rate on an asking price of $2,506,600. Each home is move-in ready, featuring spacious layouts with upgraded kitchens and bathrooms. Many include finished basements, fireplaces, and private outdoor spaces. Recent improvements across the portfolio include new roofs, fresh paint, updated flooring, and remodeled kitchens and baths, minimizing maintenance needs and maximizing rental income. The properties exhibit excellent curb appeal, with well-maintained yards and outdoor amenities. This turnkey portfolio presents a rare opportunity for investors seeking a high-yield, low-maintenance investment in the Illinois real estate market. The portfolio's diverse geographic locations across multiple counties (Sangamon, Cook, Madison, DuPage, Will, and Macon) offer diversification and resilience. This is an ideal investment for those seeking immediate cash flow and long-term appreciation potential. The properties are located at 3609 W Iles Ave, Springfield, IL 62711
Highlights
Six meticulously maintained single-family homes in desirable Illinois locations (Springfield, Elk Grove Village, Collinsville, Bloomingdale, Joliet, and Decatur).
$2,506,600 asking price with a 7.00% capitalization rate and $175,462 Net Operating Income (NOI).
Move-in ready condition with upgraded kitchens and bathrooms; many feature finished basements, fireplaces, and private outdoor spaces.
Recent renovations including new roofs, fresh paint, updated flooring, and remodeled kitchens and baths.
Turnkey portfolio offering high yield and low maintenance, located across multiple Illinois counties for geographic diversification.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.