302 N Railroad Street
Freeburg, IL 62243
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- – on site
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 home 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 maintained. 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
Listing courtesy of MARIS / Tammy Mitchell Hines & Co.
Last checked:
Checking…
•
Last updated Jun 3, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# 24031557 —
The Building
-
Development Status:No Development
Location
-
Latitude:38.427984
-
Longitude:-89.914269
-
Cross Street:N Main
The Property
-
Property Type:Land
-
Property Subtype:Residential Lots
-
Lot Features:Level Lot
-
Lot Size Acres:0.76
-
Lot Size Dimensions:0.76
-
Lot Size SqFt:33106
-
Lot Size Source:County Records
-
# of Lots:1
-
Zoning:Residential
-
Water Source:Public
-
Road Surface Type:Asphalt
-
Road Frontage Type:Other, City Street
-
Topography:Cleared
Listing Agent
- Contact info:
- Agent phone:
- (618) 281-3959
- Office phone:
- (618) 281-3959
Taxes
-
Tax Year:2022
-
Tax Annual Amount:2903
The Listing
-
Disclosures:Unknown, Flood Plain No
-
Special Listing Conditions:No Exemptions, None
-
Buyer's Brokerage Compensation:2.5%
-
Dual Variable Compensation:false
Utilities
-
Utilities:Electricity Available, Gas to Site
-
Sewer:Public Sewer
Schools
-
Elementary School:FREEBURG DIST 70
-
Middle Or Junior School:FREEBURG DIST 70
-
High School:Freeburg
-
High School District:Freeburg DIST 70
The Community
-
Subdivision Name:Temples Add
Extra Units
-
Other Structures:Mobile Home
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/17/24
May 17, 2024
|
Listed / Active | MARIS | $140,000 | |
12/21/23
Dec 21, 2023
|
Listed / Active | MARIS |