111 munz Lane

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111 munz Lane

Fairbury, IL 61739
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Fairbury, Illinois.
  • Property is situated at 111 Munz Lane within Livingston County.
  • Asset provides housing options within a stable central Illinois market.
  • Multi-unit residential configuration suitable for long-term rental income.
  • Located near regional transit routes for tenant commuting accessibility.

What's Special

Investors seeking to expand their residential holdings will find this multifamily apartment building at 111 Munz Lane in Fairbury, Illinois, a practical addition to an income-generating portfolio. Situated within Livingston County, the property benefits from the stable, small-town atmosphere characteristic of this region in central Illinois, which serves as a consistent residential hub for local workers and families. The site provides proximity to local transit corridors, facilitating convenient access for tenants commuting throughout the surrounding county and broader regional market. As a multifamily asset, the building is well-positioned for consistent occupancy rates given the steady demand for rental housing in communities of this scale. Prospective buyers can leverage the existing structure to provide essential housing supply while capitalizing on the long-term value inherent in well-located residential real estate. This asset offers a straightforward entry point for those looking to manage multi-unit properties in a reliable Midwestern suburban environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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