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227 S Chestnut ST #227-229 Collinsville, IL 62234
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Key Details
Sold Price $95,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 1,589 sqft
Price per Sqft $59
Subdivision Giddings Add
MLS Listing ID 23043517
Sold Date 12/22/23
Construction Status 98
Year Built 1925
Building Age 98
Lot Size 9,104 Sqft
Acres 0.209
Lot Dimensions 60X151.7 IRR
Property Description
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.
Location
State IL
County Madison-il
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s)
Exterior
Parking Type More Than 1 Spc/Unit, Off Street, Other, Unassigned
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Construction Status 98
Schools
Elementary Schools Collinsville Dist 10
Middle Schools Collinsville Dist 10
High Schools Collinsville
School District Collinsville Dist 10
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
Read Less
Bought with Doug Hartmann, Jr
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