Homes for sale - 810 N VAN BUREN ST, Marion, IL 62959

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Dorian James

dorian@dorianjames.com +1(309) 247-1604

Listed by DAVIDS GILCHRIST • RIVER 2 RIVER REALTY, INC.

$ 85,000

Est. payment | -/mo

2,297 SqFt

Save

$ 85,000

Est. payment | -/mo

Save

2,297 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,297 sqft

Price per Sqft $37

MLS Listing ID EB454230

Originating Board rmlsa

Year Built 1930

Annual Tax Amount $1,351

Tax Year 2022

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 50 x 175

Property Description

Investors, this is a duplex that used to be a 4plex, I've made a whole first floor apt and a whole 2nd floor apt. 3 bedrooms, 2 full bathrooms, living room, dining room, laundry closet, kitchen on each floor, 1st floor even has an extra den/sunroom off the master bedroom. 2,297 sq ft total. 4 car carport. Architectural layout in photos. It has new roof, rebuilt whole roof on front porch, new windows, new siding, 80% PEX plumbing complete, 100% new electrical throughout and from street currently working and still being completed, and much more noted in the documents section! At the asking price plus estimated $35,000 to complete it you would have $150,000 in it. Rented it should bring over $26,000 per year. Based on the cap rate and the past 2 years of multi-family sold comps, it should have a resale value when rented at $180,000 - $200,000. If that isn't enough profit, rent it out for 6 years then sell it for that price and you'll make over $150,000 profit. Additionally, the carport could be relocated on south to make room for building two additional townhomes on the back of the property. This could really be an income producer!

Location

State IL

County Williamson

Area Ebor Area

Zoning Residential

Direction Route 13, South on Van Buren St to house.

Rooms

Basement Full, Unfinished

Interior

Heating None

Fireplace N

Laundry Units Hook-Ups

Exterior

View true

Roof Type Shingle

Street Surface Curbs & Gutters,Paved

Total Parking Spaces 4

Garage 1

Building

Lot Description Level

Faces Route 13, South on Van Buren St to house.

Unit Features [{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"2\",\"UnitTypeKey\":\"RMA1363716Group_1\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"2\",\"UnitTypeKey\":\"RMA1363716Group_2\"}]

Foundation Block

Water Public Sewer, Public

Structure Type Vinyl Siding,Wood Siding

New Construction false

Schools

Elementary Schools Marion

Middle Schools Marion

High Schools Marion

Others

Tax ID 06-13-429-013

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(309) 247-1604

dorian@dorianjames.com

1600 Hunt Dr, Normal, IL, 61761, USA

810 N VAN BUREN ST Marion, IL 62959