810 N VAN BUREN ST Active Save Request In-Person Tour Request Virtual Tour
Marion,IL 62959
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