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  • Price Unknown

    731 Illinois Ave NW, Huron, SD 57350

    20beds
    8baths
    --sqft
    Multi Family
    Built in 2008
    -- sqft lot
    $2,482,200 Zestimate®
    $--/sqft
    $1,193 Estimated rent

    Home value

    $2,482,200

    Estimated sales range

    Not available

    $1,193/mo

    Zestimate® history
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    What's special

    Quiet residential neighborhoodSpacious and manicured grounds
    Investment Opportunity at Lampe Estates Lampe Estates offers an exceptional investment opportunity for landlords looking to expand their rental portfolio. Located at the intersection of Seventh Street and Illinois Avenue Northwest, this multi-family apartment complex combines the appeal of country living with easy access to downtown conveniences; an ideal setting for renters seeking both comfort and accessibility. This property includes five meticulously maintained eight-plex apartment buildings, spread across spacious and manicured grounds in a quiet, residential neighborhood. Residents benefit from close proximity to essential amenities such as grocery stores, convenience shops, and a variety of dining options. Each of the 40 units is thoughtfully designed with features that Investment Opportunity at Lampe Estates Lampe Estates offers an exceptional investment opportunity for landlords looking to expand their rental portfolio. Located at the intersection of Seventh Street and Illinois Avenue Northwest, this multi-family apartment complex combines the appeal of country living with easy access to downtown conveniences; an ideal setting for renters seeking both comfort and accessibility. This property includes five meticulously maintained eight-plex apartment buildings, spread across spacious and manicured grounds in a quiet, residential neighborhood. Residents benefit from close proximity to essential amenities such as grocery stores, convenience shops, and a variety of dining options. Each of the 40 units is thoughtfully designed with features that attract and retain quality tenants: Individually controlled central heating and air conditioning; In-unit washer and dryer hookups; Dishwashers; Generous storage space; and Energy-efficient construction to reduce utility costs. With additional parking lots to support tenant needs, the property also includes several extra lots, presenting a unique opportunity for future expansion to increase rental capacity. Lampe Estates is a turnkey investment with solid existing infrastructure, attractive tenant features, and room for growth. This property is well-suited for landlords looking to secure a reliable, revenue-generating asset in a highly desirable location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Neugebauer,

    Montgomery Real Estate,

    Roger Chase 605-352-5100

    Bought with:

    Mary Neugebauer, 16849

    Montgomery Real Estate

    Source: Huron BOR,MLS#: 24-304MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 8
    Features
    • Windows: Sliders

    Property

    Lot
    • Size: 1.01 Acres
    • Dimensions: 200 x 495 and 232 x 440
    Details
    • Parcel number: 010390
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Steel
    Condition
    • Year built: 2008

    Community & HOA

    Location
    • Region: Huron

    Financial & listing details

    • Date on market: 11/5/2024
    • Inclusions: Dishwasher, Microwave, Range/Oven, Refrigerator

    Price history

    DateEventPrice
    8/29/2025Sold--0
    Source: Huron BOR #24-304 Report a problem
    11/5/2024Listed for sale$3,200,000
    Source: Huron BOR #24-304 Report a problem

    Public tax history

    YearProperty taxesTax assessment
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    Find assessor info on the county website

    Neighborhood: 57350

    Nearby schools

    GreatSchools rating