GREAT INVESTMENT OPPORTUNITY.

This .76 Acres lot centrally located in the heart of Freeburg. Currently Zoned MH-1, this parcel consists of 6 mobile home lots. 1 mobile hom e is included with this sale (older home currently rented for $490 including the lot). 5 other lots have owner occupied mobile homes and pay lot rent at a rate of $210 per month. Current annual income is $18480 with the belief that lot rental is below market value and may be increased.

Seller is currently paying approximately $500 per year for insurance. Taxes are approximately $2600 per year. Each tenant mows their own lawn. All streets are city owned and mintained. Owner is responsible for sewer lines from the mobile home to the city street as is electricity from pole. One sewer line was replaced and one pole was replaced by seller over 10 years ago. Seller considers this a maintenance free property. Great ROI

Request Information
on 302 N Railroad St
in Freeburg, IL
Presented by Tammy Hines at
Tammy Mitchell Hines & Co.


Property MLS #24031557 from MARIS

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+ Exterior and Lot Features

Other Structures: Mobile Home
Road Access: City Street
Road Surface Type: Asphalt

+ Land Info

Lot Description: Level Lot
Lot Size Acres: 0.76
Lot Size Dimensions: 0.76
Lot Size Source: County Records
Number of Lots: 1
Topography: Cleared
Lot Size Square Feet: 33106

+ School Information

Elementary School: FREEBURG DIST 70
High School: Freeburg
Middle School: FREEBURG DIST 70
School District: Freeburg DIST 70
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Freeburg Community High School is a public high school located approximately 0.5 miles away.
Map directions

Freeburg Elementary School is a public elementary and middle school located approximately 0.7 miles away.
Map directions

St Joseph School is a private elementary and middle school located approximately 0.3 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 2903
Source Listing Status: Active
County: St Clair-IL
Cross Street: N Main
Tax Year: 2022
Ownership: Private
Source Property Type: Residential Lots
Source Neighborhood: Temples Add
Postal Code Plus 4: 1036
Public Survey Section: FREEBURG
Subdivision: Temples Add
Zoning: Residential
Property Subtype: Mobile Home Park
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2021	$5,496 + $26,040 $31,536	$2,812
2020	$5,273 + $24,983 $30,256	$2,680
2019	$3,317 + $24,486 $27,803	$2,496
2018	$3,273 + $24,162 $27,435	$2,454
2017	$3,188 + $23,531 $26,719	$2,375
2016	$3,130 + $23,101 $26,231	$2,319
2015	$3,134 + $23,130 $26,264	$2,243
2014	$3,078 + $22,719 $25,797	$2,112
2013	$3,051 + $22,516 $25,567	$2,014
2012	$2,701 + $24,149 $26,850	$2,060
2011	$2,834 + $25,337 $28,171	$2,125
2010	$2,814 + $25,156 $27,970	$2,063
2009	$2,814 + $25,156 $27,970	$2,009
2008	$2,753 + $24,612 $27,365	$1,939
2007	$2,917 + $17,883 $20,800	$1,486

+ Reveal Property Sale History

Price Changed 2024-07-30
$137,000
MARIS

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Price Changed 2024-07-01
$138,000
MARIS

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Listed 2024-05-17
$140,000
MARIS

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Listing removed 2024-03-21
$149,900
MARIS

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Listed 2023-12-21
$149,900
MARIS

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Sold 2010-04-26
$100,000
Public Record

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Sold 2003-11-20
$82,000
Public Record

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Sold 2001-07-03
$70,000
Public Record

+ Utilities

Sewer: Public
Water Source: Public