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.
Closed
Listing Provided by:
Doug A Hartmann, Jr 618-570-0629,
Hartmann Realtors, Inc
Bought with: Hartmann Realtors, Inc
$95,000
227 S Chestnut St #229, Collinsville, IL 62234
2beds
2baths
1,589sqft
Multi Family
Built in 1925
-- sqft lot
$122,000 Zestimate®
$60/sqft
$976 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 28, 2025 at 06:01pm
Listing Provided by:
Doug A Hartmann, Jr 618-570-0629,
Hartmann Realtors, Inc
Bought with:
Doug A Hartmann, Jr, 471000352
Hartmann Realtors, Inc
Source: MARIS,MLS#: 23043517
Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,589
- Total interior livable area: 1,589 sqft
- Finished area above ground: 1,589
Property
Parking
- Parking features: Assigned, Off Street, Unassigned
Lot
- Size: 9,104 sqft
- Dimensions: 60 x 151.7 IRR
Details
- Parcel number: 132213409102026
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Collinsville
- Subdivision: Giddings Add
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Private
- Road surface type: Aggregate
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$122,000
2% more+$2,440
With Zillow Showcase(estimated)$124,440