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Cathleen Keasey
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(314) 835-6000
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(618) 660-2615
ckeas@att.net

IL Lic # 475.162025
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Freeburg IL Real Estate & Commercial for Sale

1 Properties Found

The median home value in Freeburg, IL is $216,500 This is higher than the county median home value of $157,500. The national median home value is $308,980. The average price of homes sold in Freeburg, IL is $216,500. Approximately 79% of Freeburg homes are owned, compared to 18% rented, while 4% are vacant. Freeburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Freeburg real estate agent to arrange a tour today!
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$145,000

302 N Railroad Street Freeburg, IL 62243

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23057911
Type:
Business Opportunities
Subdivision:
Temples Add
Lot size:
0.76 Acres
A broker reciprocity listing Courtesy: Tammy A Hines - Tammy Mitchell Hines & Co. Tammy A Hines
View additional info

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

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