602 N Main, Augusta, IL 62311

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List Price
$250,000
Days on Market
0
MLS#
26068944
Status
ACTIVE
Lot Size
10,018
Acres
0.23
Municipality
Augusta
County
Hancock
Listing Type
Commercial

Property Description

Your new investment opportunity awaits! 8-total units (7-residential & 1-commercial unit) in these 2-buildings included w/ this sale. A brand new $60,000 TPO roof was just installed in 2026. At an 85% occupancy this investment has the potential of bringing in $29,577 (annual NOI) at a 11.8% cap rate. Or at a 90% occupancy has the potential of bringing in $32,977 (annual NOI) at a 13.2% cap rate. See attached summary of investment figures provided by seller(s). Figures are not guaranteed & should be individually verified by buyer(s). A great investment opportunity for the perfect investor. Proof of funds or pre-approval required prior to any in-person showings.

Additional Information

Parking Description
Gravel, On Site, On Street, Parking Lot
Cooling
Central Air, Window/Wall
Heating
Baseboard, Electric, Heat Pump, Radiant Floor
Water
Public
Selling Terms
Cash, Conventional

Listing courtesy of Luke Tappe. KW Hometown

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.