Investment Opportunity – Quadplex with Tremendous Income Potential! Looking to expand your investment portfolio? This four-unit property is packed with potential and ready for its next owner to unlock its value! With a little elbow grease, imagination, and cosmetic updating, this quadplex could become a strong income-producing asset. All four units are currently vacant, giving you the rare advantage of completing repairs, updates, and renovations before placing tenants—allowing you to maximize rental income from day one.
Property Features:
• Unit A: 1 bedroom, 1 bath, approximately 624 sq. ft., main-level unit with appliances.
• Unit B: Spacious 3 bedroom, 1 bath apartment with over 1,000 sq. ft., appliances, and a private deck.
• Unit C: 1 bedroom, 1 bath unit ready for your vision and renovation.
• Unit D: Ground-floor 3 bedroom, 1 bath apartment with approximately 1,000 sq. ft.
The units primarily need paint, cosmetic updates, and general repairs, making this an excellent value-add opportunity without major structural renovations.
Additional features include:
• Nice-sized yard
• Convenient location close to shopping, dining, and town amenities
• Separate electric and water utilities for each unit, with tenants responsible for their own services
• Great flexibility to renovate and set market-rate rents
Whether you're a seasoned investor or looking for your next project, this quadplex offers the chance to build equity and generate long-term cash flow. Bring your ideas, put in the work, and watch the returns grow. Don't miss this opportunity to add a promising income-producing property to your financial portfolio—schedule your showing today!
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Zillow last checked:
Listing updated:
Listed by:
Myra L Mollett618-367-2216,
Seven Oaks Realty
Source: MARIS,MLS#: 26047612Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Free-Standing Electric Oven, Refrigerator
Features
Basement: None
Has fireplace: No
Interior area
Total structure area: 3,328
Total interior livable area: 3,328 sqft
Finished area above ground: 3,328
Finished area below ground: 0
Property
Lot
Size: 0.41 Acres
Details
Parcel number: 053015202004
Special conditions: Standard
Construction
Type & style
Home type: Condo
Architectural style: Loft,Rustic
Property subtype: Condominium, Multi Family, Apartment