Exceptional investment opportunity in a high-demand area! This well-maintained 4-unit building offers incredible cash flow opportunities. Three units feature 1 bed and 1 bath, while 4th unit is a studio apartment. Conveniently located near McKendree University. Ideal for investors looking to expand their portfolio or enter the market with a turn-key solution. With a little bit of cosmetic work on a couple the units, higher rent will make this more valuable and even easier to rent. The building sits on a large corner lot which could be used for numerous things or events. close to McKendree, Scott AFB, I-64 and more. Buyer to verify all information,
Closed
Listing Provided by: Re/Max Signature Properties
Bought with: Equity Realty Group, LLC
$138,000
204 S Fritz St, Lebanon, IL 62254
1beds
1baths
2,736sqft
Multi Family
Built in 1837
-- sqft lot
$169,800 Zestimate®
$50/sqft
$967 Estimated rent
Home value
$169,800
$149,000 - $194,000
$967/mo
Zestimate® history
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Large corner lot
Zillow last checked:
Listing updated:
Listing Provided by:
Connie F Kappert 618-567-5429,
Re/Max Signature Properties
Bought with:
Charlene C Huegen, 475145095
Equity Realty Group, LLC
Source: MARIS,MLS#: 26010197
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Wall/Window Unit(s)
Features
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 2,736
- Total interior livable area: 2,736 sqft
- Finished area above ground: 2,736
- Finished area below ground: 0
Property
Features
- Levels: Two
Lot
- Size: 0.38 Acres
Details
- Parcel number: 0519.0411015
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1837
Utilities & green energy
- Electric: Ameren
- Water: Public
Community & neighborhood
Location
- Region: Lebanon
- Subdivision: Town/Lebanon
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $138,000-16.4%$50/sqft |
Source:  MARIS #26010197 Report a problem | ||
| 4/11/2026 | Pending sale | $165,000$60/sqft |
Source: MARIS #26010197 Report a problem | ||
| 3/24/2026 | Price change | $165,000-5.7%$60/sqft |
Source: MARIS #26010197 Report a problem | ||
| 3/2/2026 | Listed for sale | $175,000+7.4%$64/sqft |
Source: MARIS #26010197 Report a problem | ||
| 12/20/2024 | Sold | $163,000-4.1%$60/sqft |
Source: MARIS #24062976 Report a problem | ||
| 11/27/2024 | Contingent | $170,000$62/sqft |
Source: MARIS #24062976 Report a problem | ||
| 11/11/2024 | Listed for sale | $170,000-5.6%$62/sqft |
Source: MARIS #24062976 Report a problem | ||
| 11/4/2024 | Contingent | $180,000$66/sqft |
Source: MARIS #24062976 Report a problem | ||
| 10/4/2024 | Listed for sale | $180,000+50%$66/sqft |
Source: MARIS #24062976 Report a problem | ||
| 8/8/2022 | Sold | $120,000$44/sqft |
Source: Public Record Report a problem | ||
| 8/2/2022 | Pending sale | $120,000$44/sqft |
Source: MARIS #22035691 Report a problem | ||
| 6/20/2022 | Contingent | $120,000$44/sqft |
Source: MARIS #22035691 Report a problem | ||
| 6/8/2022 | Listed for sale | $120,000+421.7%$44/sqft |
Source: MARIS #22035691 Report a problem | ||
| 6/17/2009 | Sold | $23,000-7.6%$8/sqft |
Source: Public Record Report a problem | ||
| 5/17/2009 | Price change | $24,900-28.7%$9/sqft |
Source: Listhub #2904984 Report a problem | ||
| 4/26/2009 | Listed for sale | $34,900-57.4%$13/sqft |
Source: Listhub #2904984 Report a problem | ||
| 1/4/2002 | Sold | $82,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,628 +3% | $42,546 +5.2% |
| 2023 | $3,522 +5.3% | $40,432 +7.3% |
| 2022 | $3,346 +9.5% | $37,688 +17.1% |
| 2021 | $3,055 +3.1% | $32,196 +5.1% |
| 2020 | $2,965 +3.5% | $30,640 +4.8% |
| 2019 | $2,865 +3.6% | $29,245 +3.1% |
| 2018 | $2,764 +8.4% | $28,377 +11.1% |
| 2017 | $2,551 | $25,545 +0.8% |
| 2016 | $2,551 +3.7% | $25,342 +3.5% |
| 2014 | $2,460 +101.1% | $24,480 +17.4% |
| 2013 | $1,223 | $20,848 -1.1% |
| 2012 | -- | $21,080 -2.2% |
| 2011 | -- | $21,554 +42.3% |
| 2010 | -- | $15,150 -52.1% |
| 2009 | -- | $31,619 +2.3% |
| 2008 | -- | $30,911 +6.8% |
| 2006 | -- | $28,931 +7% |
| 2005 | $2,104 +12% | $27,036 +9.7% |
| 2004 | $1,879 | $24,645 +11.8% |
| 2003 | -- | $22,050 +2.8% |
| 2002 | -- | $21,441 |
| 2001 | -- | $21,441 -1.1% |
| 2000 | -- | $21,690 |
Find assessor info on the county website
Neighborhood: 62254
Nearby schools
GreatSchools rating
- 7/10Lebanon Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Lebanon High SchoolGrades: 6-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Lebanon Dist 9
- Middle: Lebanon Dist 9
- High: Lebanon
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$169,800
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$169,800
- Illinois
- Saint Clair County
- Lebanon
- 62254
- 204 S Fritz St
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Nearby zip codes
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