328-340 Velde Street

Creve Coeur, IL 61610

$262,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investment Opportunity: Well-Maintained 2-Building Apartment Complex with Renovated Unit Presenting a fantastic investment opportunity with this well-maintained 2-building apartment complex, featuring a total of 6 ranch-style units. Each building consists of 3 spacious units, offering comfortable living spaces with long-term tenants already in place. One of the standout features of this property is the recently renovated vacant unit, which has just been rented making this property 100% occupied....Investment Opportunity: Well-Maintained 2-Building Apartment Complex with Renovated Unit Presenting a fantastic investment opportunity with this well-maintained 2-building apartment complex, featuring a total of 6 ranch-style units. Each building consists of 3 spacious units, offering comfortable living spaces with long-term tenants already in place. One of the standout features of this property is the recently renovated vacant unit, which has just been rented making this property 100% occupied. This updated unit provides an excellent opportunity for new tenants. The complex also includes uncovered parking for residents. With a solid history of long-term tenants, this property is a reliable income-generating asset. Don’t miss your chance to add this well-kept apartment complex to your investment portfolio. Call for more details!
  1. Listed by Tracy Morris • EXP Realty, LLC • Office: 309-928-0649

Property Details for 328-340 Velde Street

Parking Total
6.0
Subdivision Name
Hilltop Manor
LISTING UPDATED: 12/08/2024 02:01 PM

Property Details for 328-340 Velde Street

StatusActive
MLS #PA1253747
Days on Market62
Taxes$5,823 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1971
Lot Size-
CountyTazewell County

Building Information for 328-340 Velde Street

Stories-Residences6Year Built1971Building Size-Lot Size-

Property Information for 328-340 Velde Street

Summary
Location and General Information
  • City: Creve Coeur
  • County Or Parish: Tazewell
  • Directions: MAIN, L ON RUSCHE, R ON RUSCHE LN, L ON VELDE
  • Latitude: 40.646176
  • Longitude: -89.592115364418
  • MLSArea Minor: PAAR Area
  • Postal Code: 61610
  • State Or Province: IL
Taxes and HOA Information
  • Additional Parcels Description: 05-05-06-407-027
  • Parcel Number: 05-05-06-407-025
  • Tax Annual Amount: $5,823
  • Tax Legal Description: SEC 6 T25N R4W HILLTOP MANOR SUBD LOTS 8, 9, 10, & 11 BLK E SE 1/4
  • Tax Year: 2023
School Information
  • High School: East Peoria Comm
Parking
  • Parking Features: On Street
Property
Lot Information
  • Structure Type: One Story, Triplex
  • Building Area Total: 0.0
  • Lot Features: Level
  • Lot Size Dimensions: see gis
  • Number Of Units Total: 6
  • 100 Year Plain: Unknown
Property and Assessments
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 1971
Utilities
  • Number Of Electric Meters: 6
  • Number Of Gas Meters: 6
  • Numberof Water Meters: 2
  • Water Sewer Expense: $3,729
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Crawl Space
  • Heating: Forced Air, Central Air
  • Number Of Central Air Units: 6
  • Number Of Heating Units: 6
  • Number Of Ranges: 6
  • Numberof Refrigerators: 6
  • Number Of Water Heaters: 6
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $30,820
  • Gross Scheduled Income: $30,820
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $3,867
  • Net Operating Income: $17,401
  • Operating Expense: $7,596
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Tenant Pays: Gas & Electric

Property History for 328-340 Velde Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 328-340 Velde Street

This home is within East Peoria Chsd 309 School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 1
Rating
School
Distance
Lasalle Elementary School
PublicPK to 4

Parkview Jr High School
Public5 to 8

East Peoria High School
Public9 to 12

Christian Life Academy
PrivatePK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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328-340 Velde Street is a multi-family home for sale in Creve Coeur, IL 61610. This property was listed for sale on October 7, 2024 by EXP Realty, LLC, it's currently listed at $262,000. This listing's school districts are East Peoria Chsd 309 School District, Creve Coeur School District 76. Nearby schools include Lasalle Elementary School, Parkview Jr High School and East Peoria High School. 328-340 Velde Street is a 0-bed, 0-bath, multi-family home built in 1971.

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Listing Courtesy of EXP Realty, LLC

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