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913 Joliet Drive 1, Cahokia, IL 62206
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$375,000
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Home Details for 913 Joliet Drive 1
Price
$375,000
Type
Other
Year Build
1964
Lot Size
0.22
County
St. Clair
Tax
$4,399
MLS®️ Listing#
25041158
On exitrealty.com
107 days
Property Description
Turnkey 6-unit multifamily investment opportunity in Cahokia Heights. This fully occupied, professionally managed property features six 2-bedroom, 1-bath units with updated interiors and strong rental income. Recent renovations in 2022 and individual metering provide low-maintenance ownership. Located directly behind the post office and across from Cahokia High School. Current asking rents are $975/month per unit, generating a projected 2025 gross income of $55,608. With a 7.93% CAP rate and solid tenant base, this is a cash-flowing asset perfect for any investor.
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- Central Air
School Information
School Information for 913 Joliet Drive 1
Elementary School
CAHOKIA DIST 187
Middle School
CAHOKIA DIST 187
High School
Cahokia
Listing Courtesy: Kunkel Wittenauer Group, Inc - 618-632-8200. Presented by: Brendan Barone
Based on information submitted to the MLS GRID as of 2025-06-26 18:30:51 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.See average values in the proximity of this property
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Market statistics compiled from data from Mid America Regional Information Systems.
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