Rare opportunity to achieve proven out value-add without spending significant money on improvements. Mechanicals, roof, common areas and units have been renewed, replaced or upgraded as needed to bring the buildings into excellent operating condition. Rents increased by 30-40% once upgrades were made, and future rent rolls are projected to increase by an additional 20-25% as leases are renewed at the higher rates.
APPFOLIO #1
Aug 4, 2023
Rental Removed
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As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
McLean County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 10, 2023.
R-3A
Medium Density Multiple-Family Residence District
The intent of this R-3A Residence District is to facilitate the development of residential districts for primarily multiple-family residences, which may generally serve as a zone of transition between non-residential districts and residential districts of more moderate density. This district is further intended to provide for the needs of persons desiring the apartment type of dwelling at densities from 12 to 18 dwelling units per acre.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Oct 5, 2022 • Final
Commercial
Re-roof a residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.