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203 W Madison Street

Vandalia, IL 62471

– beds
– baths
3,013 sqft
6,098 sqft lot
$27 per sqft
1895 build
– on site

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Check out this great income producing duplex located in Vandalia, IL. Several recent updates with the biggest being a new roof in 2023, new HAVC system installed in 2023 for one of the units, new water heaters in 2024 and 2019. Each unit has its own laundry hookups. One of the unique aspects about this property is the electric, gas, and water is separately metered so less work for the investor billing back tenants. Majority of windows are vinyl along with vinyl siding, this makes the exterior of the duplex easy to maintain. One unit is 3 bedrooms and 2 full baths. Second unit is 3 bedrooms and 1.5 baths. Rents have ranged from $700-$750 the past year. Property is vacant so new owner has their own choice of tenants. Run your own numbers any way you like and you will see this property is priced appropriately to start making income for the new owner once the units are leased. Any questions feel free to get in touch with me or your favorite agent. Property is being sold as-is.

Listing courtesy of MARIS / RE/MAX Alliance

Last checked: Checking… • Last updated May 6, 2025 •

MLS# 24062703 —

The Building

Year Built:

1895
Construction Materials:

Vinyl Siding
Unit Count:

1
Number Of Units Total:

2
Basement:

false
Above Grade Finished Area:

3,013 Sqft

Interior

Fireplace:

false
Living Area:

3013

Financial & Terms

Possession:

Close Of Escrow
Ownership Type:

Private
Listing Terms:

Cash, Conventional

Location

Longitude:

-89.09212
Latitude:

38.963076

The Property

Property Sub Type:

2-4 Units
Property Type:

Residential Income
Parcel Number:

18-14-16-256-011
Lot Size Acres:

0.14
Lot Size Area:

0.14
Lot Size Units:

Acres
Lot Size Square Feet:

6,098 Sqft
Lot Size Dimensions:

76x80
Lot Size Source:

Public Records
Waterfront:

false
Road Surface Type:

Gravel
Structure Type:

Duplex

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$2,344

Heating & Cooling

Cooling:

Central Air, Electric
Heating:

Forced Air, Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Water Heater

Schools

Elementary School:

Vandalia Dist 203
Middle School:

Vandalia Dist 203
High School:

Vandalia
High School District:

Vandalia Dist 203

The Community

Subdivision Name:

N/A
Association Fee Frequency:

None
Pool:

No

Parking

Parking Features:

Off Street
Garage:

false
Carport:

false

Explore the Area

My Commute

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Sale history

Date	Event	Source	Price	% Change
3/5/25 Mar 5, 2025	Sold	MARIS	$84,000

Multifamily Sold on 3/5/2025

$84,000

Listing provided by broker:

Tyler D Schmitt

RE/MAX Alliance

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Listing Courtesy of: MARIS and RE/MAX Alliance.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Information from Third Parties, Deemed Reliable but Not Verified.

203 W Madison Street

Vandalia, IL 62471