Prime investment opportunity in the heart of Collinsville, Illinois! This well-maintained 4-unit building is ideal for investors looking to grow their rental portfolio. Each spacious apartment features 2 bedrooms and 1 bathroom, with in-unit washer and dryer. Recent updates include new building front entry doors freshly painted to enhance curb appeal, new flooring and lighting in front entry, new decks, new slider doors on upper units, and some new siding/paint.
This property is conveniently located near local amenities, schools, and major highways, and all units are currently rented with long-term tenants. Proof of funds and/or Approval Letter required to show, 48-hour advance notice is required for all showings. Sellers' agent will be present for all showings. With a strong rental market in Collinsville, this multi-unit property is a solid choice for consistent cash flow and long-term appreciation. Second property available for sale 1002 Cherokee Drive, MLS#25029710
Closed
Listing Provided by:
Sandie F LaMantia 618-978-2384,
Berkshire Hathaway HomeServices Select Properties
Bought with: eXp Realty
$310,000
1003 Cherokee Dr, Collinsville, IL 62234
8beds
4baths
--sqft
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$--/sqft
$2,118 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 06, 2025 at 05:27am
Listing Provided by:
Sandie F LaMantia 618-978-2384,
Berkshire Hathaway HomeServices Select Properties
Bought with:
Iean M Finley, 471003487
eXp Realty
Source: MARIS,MLS#: 25028857
Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Off Street
Lot
- Size: 0.28 Acres
- Dimensions: 83.78 x 137.05 irreg.
Details
- Parcel number: 0304.0209005
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Other
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Collinsville
- Subdivision: Seneca Hills
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Private
- Road surface type: Concrete