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Active under contract
  • Listed by: Kues Bros. Realty, Ltd. • Jared Kues • 618-978-4586
    $299,900

    590 S 2nd St, Breese, IL 62230

    9beds
    4baths
    4,436sqft
    : 
    $2,055/mo
    Get pre-qualified
    Multi Family, Apartment
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $68/sqft
    $-- HOA

    What's special

    Turnkey 4-unit investment property in a prime in-town location with strong, long-term tenants already in place. This well-maintained building offers three main-level units plus one upper unit, providing a balanced mix of layouts and easy access for residents. Investors will appreciate the like-new rubber roof installed in 2025 and the full basement that allows convenient access to utilities and additional storage options, along with a separate storage shed for tenants or owner use. Stable occupancy and below-market rents create immediate upside, giving the new owner a clear opportunity to raise rents over time and improve cash flow while benefiting from the property’s desirable town and location. Whether you are expanding your portfolio or looking for a first multifamily purchase, this low-maintenance 4-unit offers dependable income today and value-add potential for tomorrow—schedule your showing and explore the possibilities.
    16 days
    |
    25
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jared Kues 618-978-4586,

    Kues Bros. Realty, Ltd.

    Source: MARIS,MLS#: 26048008MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 4
      Cooling
      • Central Air
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 4,436
      • Total interior livable area: 4,436 sqft
      • Finished area above ground: 4,436

      Property

      Lot
      • Size: 8,250 Square Feet
      Details
      • Parcel number: 060622170005
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Apartment Style
      • Property subtype: Multi Family, Apartment
      Materials
      • Frame
      Condition
      • Year built: 1910

      Community & HOA

      Community
      • Subdivision: Original Town Breese
      HOA
      • Has HOA: No
      Location
      • Region: Breese

      Financial & listing details

      • Price per square foot: $68/sqft
      • Tax assessed value: $204,240
      • Annual tax amount: $4,680
      • Date on market: 7/27/2026
      • Cumulative days on market: 17 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,077/mo

        Price history

        DateEventPrice
        8/6/2026Contingent$299,900$68/sqft
        Source: MARIS #26048008 Report a problem
        7/27/2026Listed for sale$299,900+17.6%$68/sqft
        Source: MARIS #26048008 Report a problem
        5/2/2024Sold$255,000$57/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,680 +0.4%$68,080 +6%
        2023$4,660 +9%$64,230 +10%
        2022$4,277 +0.4%$58,390 +5%
        2021$4,260 +1.7%$55,610 +4%
        2020$4,188 +1.5%$53,470
        2019$4,124 -5.4%$53,470 +1%
        2017$4,358 +0.5%$52,940
        2016$4,335 $52,940
        2015-- $52,940 -2%
        2013$3,052 $54,030
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62230

        Getting around

        66 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Breese Dist 12
        • Middle: Breese Dist 12
        • High: Breese

        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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