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Off market
  • $640,800

    513 Red Bud Ln, Troy, IL 62294

    --beds
    0baths
    6,120sqft
    MultiFamily
    Built in 1991
    -- sqft lot
    $640,800 Zestimate®
    $105/sqft
    $1,488 Estimated rent

    Home value

    $640,800

    $583,000 - $711,000

    $1,488/mo

    Zestimate® history
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    Owner options

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    $1,488/mo

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    $1,488/mo

    Rent Zestimate®

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    $4,411/mo

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    $4,411/mo

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    What's special

    Attention all investors! This is a terrific opportunity to add to your portfolio! This well-maintained 10 unit apartment complex is situated in a quiet neighborhood in Troy, IL. All units are identical with 1 bedroom, 1 full bath, eat-in kitchen with stove and refrigerator, living room, and washer and dryer in each unit. Patio space for each unit and a covered common area for picnics. Plenty of parking for all residents and guests. Roof new after hail storm in 2017. All units are fully leased and on yearly leases. Managed by a local management company. Tenants pay for water, sewer, & electric on their own. Trash, snow removal, and lawn maintenance is part of the monthly leases. Units A, B, C, E, H, & I pay $425/mo., Units D, G, & J pay $475/mo., and Unit F pays $445/mo. No smoking allowed in units. Located close to shopping, dining, and interstate access.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Other
    Cooling
    • Central
    Appliances
    • Laundry: Prvt Laund all units
    Interior area
    • Structure area source: County Records
    • Total interior livable area: 6,120 sqft

    Property

    Parking
    • Details: Parking Lot, 2+ Space/Unit
    Features
    • Exterior features: Wood, Brick
    Lot
    • Size: 0.66 Acres
    • Features: Corner Location, Suburban
    Details
    • Special conditions: Sale

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1991

    Utilities & green energy

    • Sewer: Public
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Troy

    Other

    Other facts
    • WaterSource: Public
    • Heating: Forced Air, Other
    • GarageYN: true
    • HeatingYN: true
    • CoolingYN: true
    • NumberOfUnitsTotal: 1
    • Furnished: Unfurnished
    • PetsAllowed: No
    • NumberOfUnitsInCommunity: 1
    • NumberOfBuildings: 1
    • OpenParkingYN: true
    • TenantPays: Electricity, Water
    • SecurityFeatures: Smoke Detector(s)
    • Sewer: Public
    • OtherParking: Parking Lot, 2+ Space/Unit
    • ParkingFeatures: Parking Lot, 2+ Space/Unit
    • Cooling: Central-Electric
    • SpecialListingConditions: Sale
    • BuildingAreaSource: County Records
    • ConstructionMaterials: Cedar/Wood, Brick Veneer Decrtv
    • BuildingFeatures: Prvt Laund all units
    • LaundryFeatures: Prvt Laund all units
    • LotFeatures: Corner Location, Suburban
    • StructureType: Apartment Complex
    • NetOperatingIncome: 36540.00
    • CoListAgentFullName: Scott Heinlein
    • MlsStatus: Pending
    • GrossIncome: 53040.00
    • OperatingExpense: 16500.00

    Price history

    DateEventPrice
    2/7/2020Sold$425,000-1.1%$69/sqft
    Source: MARIS #19090753 Report a problem
    12/28/2019Pending sale$429,900$70/sqft
    Source: Re/Max Alliance #19090753 Report a problem
    12/27/2019Listed for sale$429,900$70/sqft
    Source: Re/Max Alliance #19090753 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 62294

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: TRIAD DIST 2
    • Middle: TRIAD DIST 2
    • High: Triad
    • District: Triad DIST 2

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $640,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $640,800