507 1st Street

Carterville, IL 62918

$410,000
Price
Beds
5,760 Sq. Ft.
$71 / Sq. Ft.
5,760
Sq. Ft.
$71
per Sq. Ft.

Description

Investment Opportunity! Two four-plex apartment buildings with eight 2 bedroom units. Each unit is approximately 700 sf with refrigerator, range and window AC unit.Investment Opportunity! Two four-plex apartment buildings with eight 2 bedroom units. Each unit is approximately 700 sf with refrigerator, range and window AC unit.
  1. Listed by Andrea Baker • King City Property Brokers • Phone: 618-316-7331

Property Details for 507 1st Street

Parking Total
16.0
Subdivision Name
None
LISTING UPDATED: 11/01/2024 03:01 PM

Property Details for 507 1st Street

StatusActive
MLS #EB452404
Days on Market240
Taxes$8,360 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1970
Lot Size0.28 AC / 12,196 SF
CountyWilliamson County

Building Information for 507 1st Street

Stories-Residences8Year Built1970Building Size-Lot Size0.28 AC / 12,196 SF

Property Information for 507 1st Street

Summary
Location and General Information
  • City: Carterville
  • County Or Parish: Williamson
  • Directions: East Grand Avenue to Jackson; South on Jackson; Left on 1st Street
  • Latitude: 37.759128
  • Longitude: -89.071719
  • MLSArea Minor: EBOR Area
  • Postal Code: 62918
  • State Or Province: IL
Taxes and HOA Information
  • Additional Parcels Description: 05-11-128-003
  • Parcel Number: 05-11-128-002
  • Tax Annual Amount: $8,360
  • Tax Legal Description: NW 11 09 01 PT NE 110' X 112' EX E40' NW 11 09 01 PT NE N112 OF S1041 OF E40 OF W325'
  • Tax Year: 2023
School Information
  • Elementary School: Carterville
  • High School: Carterville
Parking
  • Parking Features: Guest Parking
Property
Lot Information
  • Structure Type: Quadruplex
  • Building Area Total: 5760.0
  • Lot Features: Level
  • Lot Size Acres: 0.28
  • Lot Size Dimensions: 112 x 110
  • Number Of Units Total: 8
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: Other
  • Foundation Details: Slab
  • New Construction: No
  • Year Built: 1970
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 8
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 8
  • Water Sewer Expense: $3,450
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 650
  • Roof: Shingle
  • Construction Materials: Brick Partial, Composition
Interior Features
  • Basement: None
  • Heating: Baseboard, Window Unit(s)
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 8
  • Number Of Ranges: 8
  • Numberof Refrigerators: 8
  • Number Of Water Heaters: 8
  • Number Of Window Units: 8
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $1,000
  • Gross Income: $53,573
  • Gross Scheduled Income: $53,573
  • Insurance Expense: $5,600
  • Maintenance Expense: $9,600
  • Manager Expense: $6,960
  • Net Operating Income: $17,603
  • Operating Expense: $27,610
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $350
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4

Property History for 507 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 507 1st Street

Taxable ValueLand$7,840Additions$50,820Total$58,660
Tax Record2023$4,180 ($348 / month)
Home Facts
Beds0Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories2Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built1970CountyWILLIAMSONAPN05-11-128-002

Schools near 507 1st Street

This home is within Carterville Community Unit School District 5.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 7 to 8
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
Tri-C Elementary K-4 Grade School
PublicK to 3

Carterville Jr High School
Public7 to 8

Carterville High School
Public9 to 12

Carterville Intermediate School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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507 1st Street is a multi-family home for sale in Carterville, IL 62918. This property was listed for sale on February 28, 2024 by King City Property Brokers, it's currently listed at $410,000. It has been on the market for a total of 240 days and was last sold on March 15, 2019. This listing's school district is Carterville Community Unit School District 5. Nearby schools include Tri-C Elementary K-4 Grade School, Carterville Jr High School and Carterville High School. 507 1st Street is a 0-bed, 0-bath, 5,760 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of King City Property Brokers

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.