Active

Listed by: eXp Realty • Michael Maxwell • 609-354-2348

$185,000

1801 Jerome Ln, Cahokia, IL 62206

4beds

4baths

2,400sqft

$1,231/mo

Get pre-qualified

Multi Family

Built in 1973

-- sqft lot

$-- Zestimate^®

$77/sqft

$-- HOA

What's special

Excellent investment opportunity! Don't miss your chance to own a package of four bungalow rental units located at 1801 Jerome Lane in Cahokia, Illinois. All four units are currently fully rented, providing an immediate income-producing opportunity for investors looking to expand their real estate portfolio. This fully occupied rental property offers the advantage of four separate rental units and multiple income streams under one investment. With all units currently leased, investors can step into an established rental operation with income already being generated. Whether you're an experienced investor looking to grow your portfolio or searching for an investment property with existing tenants in place, this four-bungalow package deserves your attention.

19 hours
18
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Cooling

Ceiling Fan(s)

Features

Has fireplace: No

Interior area

Total structure area: 2,400
Total interior livable area: 2,400 sqft
Finished area above ground: 2,400

Property

Lot

Size: 0.63 Acres

Details

Parcel number: 0601.0400029
Special conditions: Listing As Is

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1973

Community & HOA

Community

Subdivision: Commonfields/Cahokia

HOA

Has HOA: No

Location

Region: Cahokia

Financial & listing details

Price per square foot: $77/sqft
Tax assessed value: $20,672
Annual tax amount: $4,934
Date on market: 11/11/2026
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/11/2026	Listed for sale	$185,000-2.6%$77/sqft
Source: MARIS #26072015 Report a problem
10/2/2026	Listing removed	$1,550$1/sqft
Source: Zillow Rentals Report a problem
9/4/2026	Listed for rent	$1,550$1/sqft
Source: Zillow Rentals Report a problem
9/16/2022	Sold	$190,000+660%$79/sqft
Source: Public Record Report a problem
11/10/2016	Listing removed	$25,000$10/sqft
Source: Chuck Baer Realty, Inc. #16022343 Report a problem
11/2/2016	Pending sale	$25,000$10/sqft
Source: Chuck Baer Realty, Inc. #16022343 Report a problem
10/6/2016	Price change	$25,000-10.7%$10/sqft
Source: Chuck Baer Realty, Inc. #16022343 Report a problem
7/18/2016	Price change	$28,000-12.5%$12/sqft
Source: Chuck Baer Realty, Inc. #16022343 Report a problem
5/3/2016	Price change	$32,000-20%$13/sqft
Source: Chuck Baer Realty, Inc. #16022343 Report a problem
4/6/2016	Listed for sale	$40,000$17/sqft
Source: Chuck Baer Realty, Inc. #16022343 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,932 +10.8%	$20,672 +10.6%
2023	$3,550 +9.2%	$18,684 +14.1%
2022	$3,250 -2.5%	$16,375 +5.5%
2021	$3,332 +28.7%	$15,517 +39.7%
2020	$2,588 -0.2%	$11,104 0%
2019	$2,593 +0.5%	$11,109 -1.4%
2018	$2,581 +5.9%	$11,272 +2.5%
2017	$2,437	$11,000 +6.3%
2016	$2,437 +126.2%	$10,350 +1.1%
2014	$1,077 -81.5%	$10,237 +6.6%
2013	$5,820	$9,602 -61.8%
2012	--	$25,161 -15.6%
2011	--	$29,808 -23.1%
2010	--	$38,737 -7.2%
2009	--	$41,744 +3%
2008	--	$40,509 +12.9%
2006	--	$35,870 +6.1%
2005	$4,307 +10.7%	$33,811 +9.2%
2004	$3,889	$30,954 +5.8%
2003	--	$29,254 +11.2%
2002	--	$26,300 +6.8%
2001	--	$24,621 +9.6%
2000	--	$22,471