507 South Prairie Street

Jacksonville, IL 62650

$45,000
Price
Beds
2,086 Sq. Ft.
$22 / Sq. Ft.
2,086
Sq. Ft.
$22
per Sq. Ft.

Description

Help wanted! This duplex is in need of some TLC but this long time owner is ready to let the next owner profit from it's cash flow. A true duplex with separate meters for each unit featuring some natural woodwork and hardwoods. The main floor could be 3 bedrooms and rents are up for these kinds of apartments! Upper unit is rented for $500/mo and tenants pay utilities. Being sold AS IS. Storage shed conveys. NEW sewer line to the street approx 2 years ago.Help wanted! This duplex is in need of some TLC but this long time owner is ready to let the next owner profit from it's cash flow. A true duplex with separate meters for each unit featuring some natural woodwork and hardwoods. The main floor could be 3 bedrooms and rents are up for these kinds of apartments! Upper unit is rented for $500/mo and tenants pay utilities. Being sold AS IS. Storage shed conveys. NEW sewer line to the street approx 2 years ago.
  1. Listed by Shawn Doerr • The Real Estate Group, Inc.

Property Details for 507 South Prairie Street

Parking Total
2.0
Subdivision Name
None
LISTING UPDATED: 10/24/2024 03:01 PM

Property Details for 507 South Prairie Street

StatusActive
MLS #CA1032653
Days on Market8
Taxes$1,882 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1930
Lot Size0.18 AC / 7,800 SF
CountyMorgan County

Building Information for 507 South Prairie Street

Stories-Residences2Year Built1930Building Size-Lot Size0.18 AC / 7,800 SF

Property Information for 507 South Prairie Street

Summary
Location and General Information
  • City: Jacksonville
  • County Or Parish: Morgan
  • Directions: google
  • Latitude: 39.730345
  • Longitude: -90.237711
  • MLSArea Minor: Jacksonville Northwest
  • Postal Code: 62650
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 0920401003
  • Tax Annual Amount: $1,882
  • Tax Legal Description: Edgmons 1st Addn Lot 8
  • Tax Year: 2023
School Information
  • High School: Jacksonville District #117
Parking
  • Parking Features: On Street
Property
Lot Information
  • Structure Type: Two or More Story, Duplex
  • Building Area Total: 2086.0
  • Lot Features: Level
  • Lot Size Dimensions: 60 x 130
  • Number Of Units Total: 2
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Brick
  • New Construction: No
  • Year Built: 1930
  • Year Built Source: Unable to Verify Actual Age
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 2
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Aluminum Siding
Interior Features
  • Basement: Unfinished
  • Heating: Forced Air, Gas
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 2
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-1,882
  • Operating Expense: $0
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • 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: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: Month To Month
  • Tenant Pays: All Utilities

Property History for 507 South Prairie 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 South Prairie Street

Taxable ValueLand$2,400Additions$17,560Total$19,960
Tax Record2023$1,882 ($157 / month)
Home Facts
Beds0Lot Size7,841 SqFtStyleSingle Family ResidenceCountyMORGANAPN09-20-401-003

Schools near 507 South Prairie Street

This home is within Jacksonville School District 117.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Washington Elementary School
PublicK to 5

Crossroad Learning Center
PublicK to 12

Jacksonville High School
Public9 to 12

Jacksonville Middle School
Public6 to 8

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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507 South Prairie Street is a multi-family home for sale in Jacksonville, IL 62650. This property was listed for sale on October 22, 2024 by The Real Estate Group, Inc., it's currently listed at $45,000. This listing's school district is Jacksonville School District 117. Nearby schools include Washington Elementary School, Crossroad Learning Center and Jacksonville High School. 507 South Prairie Street is a 0-bed, 0-bath, 2,086 sqft multi-family home built in 1930.

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 The Real Estate Group, Inc.

Based on information from one of the following Multiple Listing Services: RMLS Alliance. 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 RMLS Alliance 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.