Lot/Land for Sale: 302 N Railroad Street, Freeburg, IL 62243

$138,000
$138,000
302 N Railroad Street, Freeburg, IL 62243
$138,000
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Price:
$138,000
$2,000 - 07/01/2024
Est. payment: Skip to Mortgage Calculator

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Type Lot/Land
Lot Size 0.76 acres
Taxes Paid $2,903
City Freeburg
County St Clair-IL
School District Freeburg DIST 70
Subdivision Temples Add
MLS 24031557
Status Active
DOM 48 days
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

Lot & Building Features

Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 0.76 ft

Community and Schools

Elementary School FREEBURG DIST 70
Junior High School FREEBURG DIST 70
Senior High School Freeburg

Price History of 302 Railroad Street, Freeburg, IL

Date Name Price Difference
07/01/2024 Price Adjustment $138,000 1.43%
05/17/2024 Listing Price $140,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 302 Railroad Street, Freeburg, IL

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Photo of Kyle McCullough
Direct: 314-496-1212
Office
5285 Hwy N, Ste 104
St. Charles, MO 63304
636-400-7653
Listed by Tammy Mitchell Hines & Co., Tammy Hines
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20%
2.1036231884058%
6.75%
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302 Railroad Street (MLS #24031557) is a lot/land listing located in Freeburg, IL. This is a lot/land listing with a lot of 33,106 sqft (or 0.76 acres). This property was listed on 05/17/2024 and has been priced for sale at $138,000.

Nearby zip codes are 62220, 62221, 62264, 62285 and 62298. This property neighbors other cities such as Belleville and Smithton.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Tammy Mitchell Hines & Co.

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