Prime investment opportunity in the heart of Collinsville, Illinois! This well-maintained 4-unit building is ideal for investors looking to grow their rental portfolio. Each spacious apartment features 2 bedrooms and 1 bathroom, with in-unit washer/dryer hookups. Recent updates include new building front entry doors freshly painted to enhance curb appeal, new flooring and lighting in front entry, new decks, new slider doors on upper units, new sidewalk/front stoop, and some new siding/paint. This property is conveniently located near local amenities, schools, and major highways, and all units are currently rented with long-term tenants. Proof of funds and/or Approval Letter required to show, 48-hour advance notice is required for all showings. Sellers' agent will be present for all showings. With a strong rental market in Collinsville, this multi-unit property is a solid choice for consistent cash flow. Second property available for purchase at 1003 Cherokee Drive, MLS#25028857
Sold for $223,200
$223,200
1002 Cherokee Dr, Collinsville, IL 62234
--beds
--baths
--sqft
Multi Family
Built in 1972
-- sqft lot
$233,000 Zestimate®
$--/sqft
$1,062 Estimated rent
Home value
$233,000
$210,000 - $261,000
$1,062/mo
Zestimate® history
Owner options
List your home for rent
$1,062/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,062/mo
Rent Zestimate®
Refinance and save
$1,631/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,631/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Source: BHHS broker feed,MLS#: 25029710
Facts & features
Interior
Heating
- Forced Air, Electric
Property
Details
- Parcel number: 03040209005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1972
Community & HOA
Location
- Region: Collinsville
Financial & listing details
- Tax assessed value: $52,450
- Annual tax amount: $3,513
- Date on market: 5/7/2025
- Lease term: Contact For Details
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2025 | Sold | $223,200-28% |
Source: Public Record Report a problem | ||
| 5/9/2025 | Pending sale | $310,000 |
Source: | ||
| 5/6/2025 | Listed for sale | $310,000+143.1% |
Source: | ||
| 10/1/2017 | Listing removed | $550 |
Source: Hartmann Rentals Report a problem | ||
| 9/13/2017 | Listed for rent | $550+10% |
Source: Hartmann Rentals Report a problem | ||
| 4/7/2017 | Listing removed | $500 |
Source: iHOUSEweb, Inc. Report a problem | ||
| 3/9/2017 | Price change | $500-4.8% |
Source: Zillow Rental Network Report a problem | ||
| 2/22/2017 | Price change | $525-8.7% |
Source: Zillow Rental Network Report a problem | ||
| 1/26/2017 | Price change | $575+16.2% |
Source: iHOUSEweb, Inc. Report a problem | ||
| 1/12/2017 | Sold | $127,500+6.3% |
Source: Public Record Report a problem | ||
| 4/1/2014 | Listing removed | $120,000 |
Source: H3 CAPITAL #4300087 Report a problem | ||
| 3/18/2014 | Listed for sale | $120,000-11.1% |
Source: H3 CAPITAL #4300087 Report a problem | ||
| 2/1/2014 | Price change | $495-10% |
Source: H3 CAPITAL REAL ESTATE, LLC #4213069 Report a problem | ||
| 1/4/2014 | Listed for rent | $550 |
Source: H3 CAPITAL REAL ESTATE, LLC #4213069 Report a problem | ||
| 1/1/2014 | Listing removed | $135,000 |
Source: H3 CAPITAL #4209682 Report a problem | ||
| 7/6/2013 | Listed for sale | $135,000+35% |
Source: H3 CAPITAL #4209682 Report a problem | ||
| 9/9/2011 | Sold | $100,000-16.7% |
Source: Public Record Report a problem | ||
| 3/1/2011 | Price change | $120,000-17.8% |
Source: Coldwell Banker Brown Realtors #3009965 Report a problem | ||
| 10/29/2010 | Price change | $146,000+3.8% |
Source: Coldwell Banker Brown Realtors #3009965 Report a problem | ||
| 10/10/2010 | Price change | $140,600-5% |
Source: Coldwell Banker Brown Realtors #3009965 Report a problem | ||
| 7/14/2010 | Listed for sale | $148,000+6.5% |
Source: Coldwell Banker Brown Realtors #3009965 Report a problem | ||
| 7/19/2009 | Listing removed | $139,000+13.5% |
Source: Realty Center #2806455 Report a problem | ||
| 1/28/2009 | Sold | $122,500-11.9% |
Source: Public Record Report a problem | ||
| 1/26/2009 | Listed for sale | $139,000 |
Source: Listhub #2806455 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,513 +8.3% | $52,450 +13% |
| 2023 | $3,244 +2.5% | $46,407 +2% |
| 2022 | $3,164 +1.6% | $45,483 +5.4% |
| 2021 | $3,114 +1.6% | $43,170 +1.9% |
| 2020 | $3,063 +2.4% | $42,365 +3.6% |
| 2019 | $2,991 -8% | $40,893 -7.5% |
| 2018 | $3,250 +0.8% | $44,217 +4.2% |
| 2017 | $3,225 | $42,424 +2.3% |
| 2016 | $3,225 +1.9% | $41,466 +20.2% |
| 2014 | $3,164 -29.3% | $34,486 -1.8% |
| 2013 | $4,477 | $35,122 -2.2% |
| 2012 | -- | $35,920 -41.4% |
| 2011 | -- | $61,332 -1.1% |
| 2010 | -- | $62,020 |
| 2009 | -- | $62,020 +3.5% |
| 2008 | -- | $59,911 +39% |
| 2006 | -- | $43,096 +6.5% |
| 2005 | $2,972 +4.9% | $40,458 +6% |
| 2004 | $2,833 | $38,182 +7.2% |
| 2003 | -- | $35,634 +4.7% |
| 2002 | -- | $34,041 +4.7% |
| 2001 | -- | $32,516 +3.1% |
| 2000 | -- | $31,539 |
Find assessor info on the county website
Neighborhood: 62234
Nearby homes
- $--2 bd1 ba800 sqft1002 Cherokee St APT D, Collinsville, IL 62234Off Market

- $--2 bd1 ba800 sqft1003 Cherokee St APT C, Collinsville, IL 62234Off Market

- $963,9002 bd1 ba3.2k sqft1003 Cherokee St, Collinsville, IL 62234Off Market

- $290,3002 bd1 ba850 sqft1003 Cherokee St APT A, Collinsville, IL 62234Off Market

- $310,0008 bd4 ba-- sqft1003 Cherokee Dr, Collinsville, IL 62234Sold
- $310,0008 bd4 ba-- sqft1002 Cherokee Dr, Collinsville, IL 62234Sold
- $216,6002 bd-- ba1.2k sqft1101 Arrowhead Dr, Collinsville, IL 62234Off Market
- $---- bd1 ba1.2k sqft1101 Arrowhead Dr #A, Collinsville, IL 62234Off Market
Nearby schools
GreatSchools rating
- 5/10Twin Echo Elementary SchoolGrades: K-4Distance: 0.7 mi
- 4/10Collinsville Middle SchoolGrades: 7-8Distance: 1.8 mi
- 3/10Collinsville High SchoolGrades: 9-12Distance: 1.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$233,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$233,000
- Illinois
- Saint Clair County
- Collinsville
- 62234
- 1002 Cherokee Dr