Multi-Family for Sale: 1003 CHEROKEE ST., Collinsville, IL 62234 SOLD

3,240 sqft
$925,000
$925,000
1003 CHEROKEE ST., Collinsville, IL 62234 SOLD
3,240 sqft
$925,000
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Selling Price: $925,000
Original List Price: $1,085,000
Sold at 85.3% of list price
Sold Date: 09/27/2022

Type Multi-Family
Total Living Area 3,240 sqft
Lot Size 0.28 acres
Year Built 1979
Taxes Paid $3,296

City Collinsville
County St Clair-IL
Subdivision SENECA HILLS

MLS 22047024
Status Closed
DOM 72 days
YEARLY GROSS RENTAL INCOME OF $157,920 ! 100% occupied-This seller enjoyed a double digit cap rate! Check out this entire portfolio- includes 19 total units (11 properties), in this sale: Collinsville locations- 1002 Cherokee Dr. (4 unit) 03-04.0-209-005 ; 125 March Dr. 13-2-21-22-17-302-028; Granite City locations- 2637 Grand Ave 22-2-20-18-12-203-041 (2 unit); 2525 Grand Ave 22-2-20-18-15-403-074; 2510 Nameoki Rd. 22-2-20-17-15-403-002 (2 unit); 2316 Edwards St. 22-2-20-18-20-402-018; 2473 Center St. 22-2-20-18-10-102-002; 1105 Veterans Pkwy 22-2-20-18-10-104-007; 2453 Hodges Ave 22-2-20-17-13-305-014; 2747 Washington Ave 22-2-20-17-09-105-020 (possible 2 unit). Click through photos of each of the properties listed above. Don't let this opportunity pass you by- this seller spent 6 years building this portfolio-you can reap the benefits. Call for details - financial information & property updates list is available upon request. Tenants rights apply-do not disturb tenants.

Lot & Building Features

Construction Brick Veneer, Cedar
Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description Parking Lot
Sewer Public Sewer
Tax Year 2021
Water Public
Lot Dimensions 83.78 x 133.33 ft

Community and Schools

Junior High School COLLINSVILLE DIST 10
Senior High School Collinsville

Price History of 1003 CHEROKEE ST., Collinsville, IL

Date Name Price Difference
07/17/2022 Listing Price $925,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1003 CHEROKEE ST., Collinsville, IL

Location Map Street View
Photo of KP Willis Homes
Direct: 314-707-3783
Office
950 Caledonia Dr.
O'Fallon, MO 63368
636-720-1100
Listed by Re/Max Alliance, Kathy Malawy
Sold by Berkshire Hathaway Select, Sandie LaMantia
$
20%
0.35632432432432%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Re/Max Alliance

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