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3646 Illinois Avenue

St Louis, MO 63118
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 62 Days
  • ID#: 22038107
Under Contract
UPDATED: 61 min ago
$2,500,000
  • 0
    BEDS
  • 0.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 39,025
    SQFT
  • $64
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1959
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

Concord Apartments is a 38 unit apartment community located in South St. Louis City. The Property consists of 38 one bedroom, one bathroom units with an average rent of $604 with a proven high rent of $700 and the ability to increase income through additional utility bill-back. Concord Apartments includes new windows, pitched roofs, off street parking, forced heat and hardwood floors. The current ownership has updated approx. 29 of the 38 units, added a laundry room and completed extensive exterior capital improvements including all new electrical meters and breaker boxes, full exterior repaint, improved exterior lighting and seal/stripe/patch of the parking lot.

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-08-15T08:39:35.037.

The Dittamore Group with RE/MAX Alliance: (618) 531-4652
www.thedittamoregroup.com/homes/129794733
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3646 Illinois Avenue St Louis, MO 63118

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 62 Days
  • Updated: 61 min ago
  • ID#: 22038107
0
Beds
0
Baths
0
½ Baths
0.9
Acres
39,025
SQFT
$64
$/SQFT
1959
Built
Neighborhood:
Odonnell Estate Add
County:
St Louis City
Area:
Central East
Elementary School:
Columbia Elem. Comm. Ed. Center
Middle School:
Blewett Middle
High School:
Beaumont Cte High School
School District:
St. Louis City
Property Description
Concord Apartments is a 38 unit apartment community located in South St. Louis City. The Property consists of 38 one bedroom, one bathroom units with an average rent of $604 with a proven high rent of $700 and the ability to increase income through additional utility bill-back. Concord Apartments includes new windows, pitched roofs, off street parking, forced heat and hardwood floors. The current ownership has updated approx. 29 of the 38 units, added a laundry room and completed extensive exterior capital improvements including all new electrical meters and breaker boxes, full exterior repaint, improved exterior lighting and seal/stripe/patch of the parking lot.
Exterior Features

Attached Garage YN No Construction Materials Brick Veneer Lot Size Dimensions 0X0 Lot Size Source County Records Parking Features Parking Lot

Interior Features

Above Grade Finished Area Source Public Records Cooling Wall Unit(S) Heat Source Gas Heating Forced Air Heating YN Yes Laundry Features Coin OperatedCommon Laundry

Property Features

Association St. Louis Association Of Realtors Builder Model Low/1-2 Disclosures UnknownAgent OwnedCityFlood Plain NoOccupancy Perm ReqSellers Discl Not Av Inclusions Building & Land Lease Term Leases Location City Net Operating Income 139957 Ownership Private Possession Close Of Escrow Property Condition None Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment Complex Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 11958 Tax Year 2021 Tenant Pays Cable TvElectricity Transaction Type Sale Water Source Public

Listing provided courtesy of Exp Realty, Llc. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-08-15T08:39:35.037.

The Dittamore Group with RE/MAX Alliance: (618) 531-4652
 
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The Dittamore Group with RE/MAX Alliance
120 S. Buchanan St.
Edwardsville IL, 62025