810 North Van Buren Street

Marion, IL 62959

$85,000
Price
—
Beds
2,297 Sq. Ft.
$37 / Sq. Ft.
2,297
Sq. Ft.
$37
per Sq. Ft.

Description

Investors, this is a duplex that used to be a 4plex, I've made a whole first floor apt and a whole 2nd floor apt. 3 bedrooms, 2 full bathrooms, living room, dining room, laundry closet, kitchen on each floor, 1st floor even has an extra den/sunroom off the master bedroom. 2,297 sq ft total. 4 car carport. Architectural layout in photos. It has new roof, rebuilt whole roof on front porch, new windows, new siding, 80% PEX plumbing complete, 100% new electrical throughout and from street currently working...Investors, this is a duplex that used to be a 4plex, I've made a whole first floor apt and a whole 2nd floor apt. 3 bedrooms, 2 full bathrooms, living room, dining room, laundry closet, kitchen on each floor, 1st floor even has an extra den/sunroom off the master bedroom. 2,297 sq ft total. 4 car carport. Architectural layout in photos. It has new roof, rebuilt whole roof on front porch, new windows, new siding, 80% PEX plumbing complete, 100% new electrical throughout and from street currently working and still being completed, and much more noted in the documents section! At the asking price plus estimated $35,000 to complete it you would have $150,000 in it. Rented it should bring over $26,000 per year. Based on the cap rate and the past 2 years of multi-family sold comps, it should have a resale value when rented at $180,000 - $200,000. If that isn't enough profit, rent it out for 6 years then sell it for that price and you'll make over $150,000 profit. Additionally, the carport could be relocated on south to make room for building two additional townhomes on the back of the property. This could really be an income producer!
  1. Listed by DAVID GILCHRIST • RIVER 2 RIVER REALTY, INC. • Phone: 618-733-3223

Property Details for 810 North Van Buren Street

Parking Total
4.0
Subdivision Name
None
LISTING UPDATED: 09/15/2024 03:01 PM

Property Details for 810 North Van Buren Street

StatusActive
MLS #EB454230
Days on Market76
Taxes$1,352 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1930
Lot Size0.20 AC / 8,712 SF
CountyWilliamson County

Building Information for 810 North Van Buren Street

Stories-Residences2Year Built1930Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 810 North Van Buren Street

Summary
Location and General Information
  • City: Marion
  • County Or Parish: Williamson
  • Directions: Route 13, South on Van Buren St to house.
  • Latitude: 37.736542
  • Longitude: -88.928598
  • MLSArea Minor: EBOR Area
  • Postal Code: 62959
  • State Or Province: IL
  • Zoning: Residential
Taxes and HOA Information
  • Parcel Number: 06-13-429-013
  • Tax Annual Amount: $1,352
  • Tax Legal Description: LOT 004 BLK 007 PLT 064 GOODALLS, JOAB 1ST ADDN S50 + INT IN 7.5' VAC ALLEY OPRD# 928 MISC
  • Tax Year: 2022
School Information
  • Elementary School: Marion
  • High School: Marion
  • Middle Or Junior School: Marion
Parking
  • Parking Features: Carport
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 2297.0
  • Lot Features: Level
  • Lot Size Acres: 0.2
  • Lot Size Dimensions: 50 x 175
  • Number Of Units Total: 2
  • 100 Year Plain: No
  • Certificate Of Zoning: No
  • Road Surface Type: Curbs & Gutters, Paved
Property and Assessments
  • Documents Available: Aerial Photos,Other
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1930
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 1
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding, Wood Siding
Interior Features
  • Basement: Full, Unfinished
  • Heating: None
  • Laundry Features: Units Hook-Ups
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 0
  • Number Of Water Heaters: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $312
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-1,664
  • Operating Expense: $312
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 2
  • Number Parking: 2
  • Number Uncovered: 0
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 2
  • Number Parking: 2
  • Number Uncovered: 0
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Annual Vacancy Factor: 100

Property History for 810 North Van Buren 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 810 North Van Buren Street

Taxable ValueLand$3,570Additions$13,770Total$17,340
Tax Record2023$1,344 ($112 / month)
Home Facts
Beds0Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt1,584 SqFtFinished Basement SqFt1,056 SqFtStories2StyleSingle Family ResidenceYear Built1930CountyWILLIAMSONAPN06-13-429-013

Schools near 810 North Van Buren Street

This home is within Marion Community Unit School District 2.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 5

Marion Jr High School
Public6 to 8

Marion High School
Public9 to 12

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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810 North Van Buren Street is a multi-family home for sale in Marion, IL 62959. This property was listed for sale on July 12, 2024 by RIVER 2 RIVER REALTY, INC., it's currently listed at $85,000. It has been on the market for a total of 76 days and was last sold on May 10, 2017. This listing's school district is Marion Community Unit School District 2. Nearby schools include Washington Elementary School, Marion Jr High School and Marion High School. 810 North Van Buren Street is a 0-bed, 0-bath, 2,297 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 RIVER 2 RIVER REALTY, INC.

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.