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Residential Income, Traditional - Cahokia, IL
Turnkey 6-unit multifamily investment opportunity in Cahokia Heights. This fully occupied, professionally managed property features six 2-bedroom, 1-bath units with updated interiors and strong rental income. Recent renovations in 2022 and individual metering provide low-maintenance ownership. Located directly behind the post office and across from Cahokia High School. Current asking rents are $975/month per unit, generating a projected 2025 gross income of $55,608. With a 7.93% CAP rate and solid tenant base, this is a cash-flowing asset perfect for any investor.
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