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$499,000   Price Analysis
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311 N Main St
Caseyville, IL 62232
Unknown bed None bath 6,000 SqFt ($83/SqFt)
5,227SqFt lot. Built 1966
Listed 2024-04-30, Taxes $7,015
Ⓧ USDA Ineligible
due to location

near Caseyville

Welcome to downtown Caseyville's prime investment opportunity!

This solid Full Brick 8 Unit MultiFamily building is conveniently situated near highway access for easy commuting. The property features 4 1-bedroom apartments and 4- 2-bedroom residences. Detailed financial information, including the Profit and Loss statement and rent roll, are available in the attached documents for your thorough review.

Additionally, the complex offers the convenience of coin-operted laundry facilities located in the basement. Rest easy knowing that the property is professionally managed by a trusted property management company, allowing for a seamless operation and maximizing your investment potential. Take advantage of this exceptional opportunity to secure a valuable asset in downtown Caseyville. Don't miss out on the chance to own this remarkable property and enjoy the benefits of a tremendous investment.


Presented by Jessica Gratzl at
Keller Williams Pinnacle.
Listing Agent Photo

Property MLS #24025761 from MARIS

Laundry Facilities: Coin Operated

Cooling Features: Window Unit(s)
Heating Features: Forced Air
Heating Fuel: Electric
Water Heaters: Electric

Furnished Description: Building Only

Lot Size Acres: 0.12
Lot Size Dimensions: 5, 227
Lot Size Source: County Records
Lot Size Square Feet: 5227

Parking Features: Parking Lot

Elementary School: COLLINSVILLE DIST 10
High School: Collinsville
Middle School: COLLINSVILLE DIST 10
School District: Collinsville DIST 10

Caseyville Elementary School is a public elementary school located approximately 0.5 miles away.
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Collinsville High School is a public high school located approximately 0.8 miles away.
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Collinsville Middle School is a public middle school located approximately 1.5 miles away.
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Legacy Christian Academy is a private elementary and middle school located approximately 0.3 miles away.
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Gross Income: 56165.00
Tenant Pays: Cable TV/Satellite, Electric

Number of Units: 8

Annual Tax Amount: 7158
Source Listing Status: Active Under Contract
County: St Clair-IL
Directions: GPS Friendly
Tax Year: 2022
Ownership: Private
Source Property Type: Multi-Family 5+
Source Neighborhood: Town/Caseyville
Property Location: Suburban
Subdivision: Town/Caseyville
Property Subtype: Apartment Complex
Source System Name: C2C
Coming Soon Date: 2024-05-06

YearAssessments
Building + Land
Total
Tax
2021$74,690 + $1,903
$76,593
$7,015
2020$73,297 + $1,868
$75,165
$6,788
2019$70,750 + $1,803
$72,553
$6,595
2018$63,461 + $1,928
$65,389
$5,946
2017$61,720 + $1,875
$63,595
$5,888
2016$60,886 + $1,850
$62,736
$5,832
2015$59,511 + $1,808
$61,319
$5,546
2014$61,843 + $3,258
$65,101
$5,708
2013$62,983 + $3,318
$66,301
$5,482
2012$64,413 + $3,393
$67,806
$5,406
2011$66,812 + $3,519
$70,331
$5,437
2010$67,562 + $3,558
$71,120
$5,456
2009$84,058 + $3,558
$87,616
$6,825
2008$81,200 + $3,437
$84,637
$6,535
2007$78,858 + $3,338
$82,196
$6,288

Listed 2024-04-30
$499,000
MARIS
Listed 2021-02-17
$345,000
MARIS
Sold 2021-02-16
$285,000
MARIS
Relisted 2020-10-19
$345,000
MARIS
Listing removed 2020-10-17
$345,000
MARIS
Relisted 2020-09-12
$345,000
MARIS
Listing removed 2020-09-01
$347,500
MARIS
Price Changed 2020-08-15
$347,500
MARIS
Listed 2020-07-02
$355,000
MARIS
Listing removed 2017-04-08
$550
MARIS
Listed for rent 2017-01-18
$550
MARIS
Sold 2009-01-16
$220,000
Public Record
Sold 2001-09-27
$182,000
Public Record

Net Operating Income: 30005.00

Total Square Feet Living: 6000
Year Built: 1966
Construction Materials: Brick/Stone Msn Pred
Living Area Source: County Records
Property Age: 58
Total Above Grade Sqft Area: 6000

Sewer: Public
Water Source: Public
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house_viewunknownkitchenbathroomunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.