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Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments Charleston Apartments

Property Overview

Price/Rent PSF $ 6,299,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 75,064
Date Available 03/09/2020
Additional URL Link
Parking 168
Floors 3
Additional parameters Show
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Description

Location
The property is located 4 blocks from Eastern Illinois University Campus. Access from Illinois Route 16 is an arterial east/west roadway, which intersects with Fourth St. Fourth Street is a north/south arterial roadway.

Charleston is located in east Central Illinois, 138 miles east of St. Louis, 175 miles south of Chicago, and 118 miles west of Indianapolis. Charleston counts with a major industrial/service employers as Eastern Illinois University, Sarah Bush Lincoln Health Center, Lake Land Collage, Consolidated Communications, RR Donnelley & Son etc.


Sale
965 4th Street
The site is 31,070 SF. The building is a three story frame construction with 34 apartment units built in 2010. The improvements have approx. 11,228 SF basement parking area, 11,228 SF on the main level and 14,338 on the 2nd level and 14,500 SF on the third level for a total of 40,066 SF above grade.

950 4th St. 1.6 acres.
4th street is a three story frame, 32 units apartment building built in 2008. The improvements have approx. 2,662 SF of breezeway. 14,664.66 SF per level for a total of of 43,994 SF

There are curbs and gutters, concrete sidewalks and high intensity discharge street lights. Concrete parking areas, landscaping around the buildings, sprinkler system, and a security camera system covers the entire property. There are also security alarm systems in each apartment. That is an optional service and tenants can choose to have those activated where they will have 24/7 monitoring. Tenants pay their own utilities. There are two soda vending machines on site. There are a total of 168 parking spaces (16 underground parking garage spaces and 152 above ground/general parking). General parking is free.

Brief Legal: ISAAAC VAILS DD PT of Lots 1,2,3E 1/2NE 1/4 SEC 15 T12N R09E Melrose on 4th Apt Bldg/Assr St.
Real Estate Taxes: combined total tax of $71,547.68

Location

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