1235 E Illinois St

1235 E Illinois St, Evansville, Indiana 47711

  • Property Subtypes Other
  • Gross Building Area 1,788 SF
  • Building Status Existing
  • Sale Price $32,500.00 - Total
  • Class of Space N/A
  • Total Land Size 0.073 Acres
  • Sale Terms Cash to Seller
  • Cap Rate 11
  • Auction Avg Occupancy Rate 100
  • Last Updated 9/24/2019
  • Status active

Overview / Comments

12.50% CAP Investment property opportunity with long term tenant. Most major mechanical systems have been updated in last 3 years. New Water Heater (2018) New High effic. Furnace (2016) New Roof (2016) Water Lines (2016)

Agent Notes

Contact LA for showing instructions. Property is occupied.

Attachments & Media

Financials

  • Real Estate Taxes - Annual($) 802.48
  • Potential Rental Income $6,000
  • Net Operating Income $4,072
  • Actual or Proforma Year Actual

Additional Details

  • Tax ID/APN 82-06-21-024-073.008-029
  • Property Visibility N/A
  • Year Built 1906
  • Total No Of Units 1
  • Tax Auth Vanderburgh

Current Tenants

  • Tenant Business Name Long Term Tenant
  • Annual Revenue 6000
  • Current Rent $500
  • Lease Expiration 09/2019
  • Tenant Notes
    Long Term Tenant been in property since 2004