2 Family investment opportunity is available in Collinsville. Both units are occupied and passed inspection in 2023. Newer tenants in both units with 1 year lease that switches to Month to Month. Total monthly income of $1320 with tenants paying all their utilities. Expense includes Management, Maintenance, Groundskeeping, Insurance, Taxes and Permits. Newer Sewer line in 2019-2020 (approx). Pictures are prior to tenant occupancy.
To not bother the tenants, owner will not allow any showings until accepted contract. Buyer will have the right to 'inspect and approve' of both units within 1 week of contract acceptance and may terminate within 48 hours after viewing for any reason.
Closed
Listed by: Hartmann Realtors, Inc • Doug A Hartmann, Jr • Contact: 618-570-0629
Bought with: Hartmann Realtors, Inc
$95,000
227 S Chestnut St #229, Collinsville, IL 62234
2beds
2baths
1,589sqft
Multi Family
Built in 1925
-- sqft lot
$128,300 Zestimate®
$60/sqft
$986 Estimated rent
Home value
$128,300
$112,000 - $148,000
$986/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Doug A Hartmann, Jr 618-570-0629,
Hartmann Realtors, Inc
Bought with:
Doug A Hartmann, Jr, 471000352
Hartmann Realtors, Inc
Source: MARIS,MLS#: 23043517
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,589
- Total interior livable area: 1,589 sqft
- Finished area above ground: 1,589
Property
Parking
- Parking features: Assigned, Off Street, Unassigned
Lot
- Size: 9,104 Square Feet
- Dimensions: 60 x 151.7 IRR
Details
- Parcel number: 132213409102026
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Giddings Add
Location
- Region: Collinsville
Financial & listing details
- Price per square foot: $60/sqft
- Annual tax amount: $2,206
- Date on market: 7/21/2023
- Cumulative days on market: 95 days
- Listing terms: Cash,Conventional
- Ownership: Private
- Tenant pays: All Utilities
- Road surface type: Aggregate
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2023 | Sold | $95,000-15.2%$60/sqft |
Source:  MARIS #23043517 Report a problem | ||
| 10/24/2023 | Pending sale | $112,000$70/sqft |
Source: MARIS #23043517 Report a problem | ||
| 7/21/2023 | Listed for sale | $112,000$70/sqft |
Source: MARIS #23043517 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 62234
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Nearby schools
GreatSchools rating
- 8/10Webster Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 4/10Collinsville Middle SchoolGrades: 7-8Distance: 2.2 mi
- 3/10Collinsville High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Collinsville Dist 10
- Middle: Collinsville Dist 10
- High: Collinsville
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
$128,300
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
$128,300
- Illinois
- Madison County
- Collinsville
- 62234
- 227 S Chestnut St Unit 229
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