x
Address
644 East Pells Street Paxton, IL
Price
$ 3,200,000
Property Attributes
  • MLS#10430612
  • TypeMulti-Family
  • CountyFORD
  • CityPaxton
  • AreaPaxton
  • Zip60957
  • StyleResidential-Multi-Family,Elderly Housing
  • Year Built1980
  • Taxes69248
  • Price$ 3,200,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage52500
  • Lot Size5.09 Acres
Listing Provided Courtesy Of:
McColly Bennett Real Estate
Property Description

SENIOR LIVING CENTERS - 80 UNITS IN 3 LOCATIONS! PAXTON/GIBSON CITY/HOOPSTON all within 30 miles of each other. Fully leased, listed at a 9 cap equal to $40,000 per unit. Perfect for HUD 2530/Rural Development HAP Assignment buyers!! Properties are in sound condition! To retain occupancy, buyer must meet Section 8/HUD requirements. Gibson City - 24 units/ Paxton - 24 units/Hoopston - 32 units. Owner will not sell individually.

Price History
6/26/2019 Listed $3,200,000

General Features

Age 16-25 Years
Built Before 1978 No
Electric Expense 12019
Multi-Family Type Corridor-Exterior Entrance, Senior
Other Expenses 15713
Ownership Type Limited Partnership
Status Active
Tax Year 2018
Taxes 69248
Total Annual Income 539007
Total Units 80
Unincorporated (y/n) No
Year Built 1980
Zoning MULTI

Interior Features

Air Conditioning Wall Sleeve
Basement Description Slab
Board Number 21
Dryer(s) 80
Ranges 80
Refrigerators 80
Total Monthly Income 44917
Total Stories 1
Unit Type 1 Rooms 4

Exterior Features

Acreage 5.09
Alternate Phone Number (815) 549-4301
Building Area Total 52500
Exterior Building Type Vinyl Siding
Foundation Details Concrete
Frontage/Access City Street, Public Road
Land Amenities Clubhouse, Lighting/Exterior, Sidewalks
Lot Dimensions 235X210X75X210X394X697X677
Lot Sq Ft 221916
Number of Parking Spaces 80
Window A/C Units 80

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60957

Price
AVG $890K
$3.2M
Taxes
AVG $20,190
$69,248
Visits
AVG 97
359
Year Built
AVG 1969
1980
Walkscore
AVG 32
47
Data Provided by Walkscore ® not using MLS data