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1501 Main Street
Carterville, IL 62918
Asking Price
$600K
Asset Type
Apartment Building Land
Class
Class B
What's Special
Prime location for commercial investment property <p><span style="color: rgba(42, 42, 51, 1)">Exceptional opportunity to acquire a single, 20-acre parcel positioned in a location suitable for residential development. Located near John A. Logan College and less than 10 minutes from Veterans Airport of Southern Illinois, this property offers outstanding visibility, accessibility, and regional connectivity.</span></p>
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NOI
$80,000
Cap Rate
13.33%
DSCR
2.25
Strong
Cash-on-Cash
24.65%
Monthly Payment
$2,968.473
Annual Cash Flow
$44,378.328
