INVESTMENT PROPERTY in a high visibility location! Located on a main road in Mt. Carmel, IL that leads to Princeton, IN! This property is a Quadplex that sits in a great location for marketing! Three units are 1-bedroom apartments, and the fourth unit is a larger 2-bedroom apartment. Three of the units are currently tenant occupied with leases and the property is cash flow positive. Additional features include a partial basement, an upstairs utility room for maintenance and supply storage, a large gravel parking lot for tenants and a new roof in 2023. The 2-bedroom apartment was completely remodeled with new flooring, new kitchen cabinetry, and a fully remodeled bathroom in 2018. Additional updates include: A BRAND-NEW ARCHITECTURAL ROOF installed in 2023, new wooden deck, stairs and new concrete patio installed in 2017, 2 new water heaters in 2018 and 3 new windows are on order and will be installed upon arrival, unit 2 had a new furnace installed in 2018.BROKER OWNED.
Closed
$99,900
519 N Walnut St, Mount Carmel, IL 62863
5beds
2,816sqft
Quadruplex
Built in 1910
-- sqft lot
$172,400 Zestimate®
$--/sqft
$905 Estimated rent
Home value
$172,400
$148,000 - $198,000
$905/mo
Zestimate® history
Owner options
List your home for rent
$905/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$905/mo
Rent Zestimate®
Refinance and save
$545/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$545/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
New furnace installedLarge gravel parking lotFully remodeled bathroomNew flooringNew wooden deckNew kitchen cabinetry
Zillow last checked:
Listing updated:
Listed by:
Andrea Downing cell:618-240-1310,
DHI Realty Inc,
Cecil Downing,
DHI Realty Inc
Bought with:
Other Other
LPS
Source: IRMLS,MLS#: 202407024
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Natural Gas, Baseboard, Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Storage, Laminate Counters
- Flooring: Mixed
- Basement: Partial,Unfinished,Concrete
- Attic: Storage
Interior area
- Total structure area: 3,356
- Total interior livable area: 2,816 sqft
- Finished area above ground: 2,816
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Off Street Parking, Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Fencing: None
Lot
- Size: 4,791 sqft
- Dimensions: 90x55
- Features: Level, 0-2.9999, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 0521120416021
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: Other
- Gas: Other
- Sewer: City
- Water: City
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Mount Carmel
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 20950
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 4/5/2024 | Sold | $99,900-23.1% |
Source:  IRMLS #202407024 Report a problem | ||
| 3/12/2024 | Pending sale | $129,900 |
Source: IRMLS #202407024 Report a problem | ||
| 3/7/2024 | Listed for sale | $129,900 |
Source: IRMLS #202407024 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $2,017 +3.8% | $28,560 +7.8% |
| 2022 | $1,943 +2.3% | $26,490 +5.1% |
| 2021 | $1,900 +3.6% | $25,200 +3.3% |
| 2020 | $1,835 +6.5% | $24,400 +6.7% |
| 2019 | $1,722 -3.3% | $22,860 +3.9% |
| 2018 | $1,780 | $21,995 |
| 2017 | $1,780 +0.7% | $21,995 -3% |
| 2016 | $1,769 -2.7% | $22,685 |
| 2015 | $1,818 +1.7% | $22,685 +3.8% |
| 2014 | $1,788 +1.6% | $21,860 |
| 2013 | $1,759 | $21,860 |
Find assessor info on the county website
Neighborhood: 62863
Nearby schools
GreatSchools rating
- NASouth Elementary SchoolGrades: PK-2Distance: 0.8 mi
- 4/10Mt Carmel Middle SchoolGrades: 7-8Distance: 0.6 mi
- 8/10Mount Carmel High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Mt Carmel
- Middle: Mount Carmel
- High: Mount Carmel
- District: Wabash Community Unit School District 348
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Illinois
- Wabash County
- Mount Carmel
- 62863
- 519 N Walnut St
Nearby cities
Nearby zip codes
Other Mount Carmel Topics
