799 Titan CT

Chatham,IL 62629

$ 5500000

- Bed

- Bath

88862 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 88,862 sqft

Price per Sqft $61

Subdivision Oakbrook Estates

MLS Listing ID CA1036079

Maintenance Fees $16,000

Year Built 2005

Annual Tax Amount $79,986

Tax Year 2023

Lot Size 2.040 Acres

Acres 2.04

Lot Dimensions Irregular

Property Sub-Type Residential Income

Source rmlsa

Property Description

**Investment Opportunity: 60-Unit Complex** Discover a fantastic investment opportunity with this 60-unit complex featuring a mix of townhouses and apartments. The property offers a variety of living options, including charming 1-bedroom, 1-bath units, and spacious 2 and 3-bedroom units with 2 full baths, catering to diverse tenant needs. Residents will enjoy a range of amenities, including a fully-equipped workout room, a basketball court for leisure and fitness, a playground for family enjoyment, and a cozy office space ideal for small gatherings. Conveniently located near shopping, dining, parks, and recreational activities, including access to Lake Springfield, this property offers a lifestyle that encourages both relaxation and activity. Situated within the highly regarded Chatham school district, it's perfect for families or professionals seeking a vibrant community. Don't miss out on this exceptional investment opportunity! There are 8 1 bed, 1 bath units (Rent Range $798-$1000), 22 2 bed, 2 bath units (Rent Range $957-$1200), and 30 3 bed, 2 bath units ($1,106-$1,500). There are 26 garages available to lease. IHDA Processes Due Diligence checklist (LIHTC) Rent Roll Addendum available upon request.

Location

State IL

County Sangamon

Area Chatham, Etc

Direction South on Route 4, left on Plummer Boulevard, left on Titan Boulevard

Rooms

Basement None

Interior

Interior Features Storage

Heating Electric,Forced Air,Electric Water Heater

Cooling Central Air

Fireplace N

Laundry Units Hook-Ups

Exterior

View true

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 120

Garage 1

Building

Lot Description Other

Faces South on Route 4, left on Plummer Boulevard, left on Titan Boulevard

Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1386926Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1386926Group_2\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1386926Group_3\"}]

Foundation Concrete Perimeter

Water Public Sewer,Public

Structure Type Brick,Vinyl Siding

New Construction false

Schools

High Schools Chatham District #5

Others

Tax ID 29-06.0-329-001

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