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2300 S. Oregon Street
Peoria, IL 61605
Asking Price
$89K
Asset Type
Religious/Church Land
Class
Class B
What's Special
Land | 0.33 acres <ul><li>13,000 SF church building</li><li>Zoned R8 allowing for a variety of uses</li><li>Currently under a zoning variance for church use</li><li>0.33 acre corner lot with on-street parking</li><li>Building in need of T.L.C with some repairs started, including removal of the steeple</li><li>Potential for multifamily development or neighborhood green space</li></ul>
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NOI
$80,000
Cap Rate
89.89%
DSCR
15.14
Strong
Cash-on-Cash
279.84%
Monthly Payment
$440.323
Annual Cash Flow
$74,716.119
