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1612 California Avenue

Collinsville, IL 62234
  • $575,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: 25020580
UPDATED: 60 min ago
$575,000
  • 0
    BEDS
  • 1.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,620
    SQFT
  • $87
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Great opportunity on a unique 5-unit multi-family investment property. 3 buildings located on nearly 1.5 acres. The middle building consists of two 2 bedroom townhomes and one 3 bedroom townhome. The front building is a 2 bedroom detached home. The rear building is a 3 bedroom detached home with a walkout basement. Entire interiors and exteriors of all 3 buildings underwent extensive remodeling in 2020. New mechanicals (HVAC, water heaters, electrical, and gas lines) and quality finishes in all units. This property has several long-term tenants and generates great revenue with the luxury of having all the heavy lifting maintenance items taken care of. A landlords dream!

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Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-04-25T16:39:41.07.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/162268239
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1612 California Avenue Collinsville, IL 62234

  • Price: $575,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 60 min ago
  • ID#: 25020580
0
Beds
0
Baths
0
½ Baths
1.35
Acres
6,620
SQFT
$87
$/SQFT
1950
Built
Neighborhood:
None
County:
Madison
Elementary School:
Collinsville Dist 10
Middle School:
Collinsville Dist 10
High School:
Collinsville
School District:
Collinsville Dist 10
Property Description
Great opportunity on a unique 5-unit multi-family investment property. 3 buildings located on nearly 1.5 acres. The middle building consists of two 2 bedroom townhomes and one 3 bedroom townhome. The front building is a 2 bedroom detached home. The rear building is a 3 bedroom detached home with a walkout basement. Entire interiors and exteriors of all 3 buildings underwent extensive remodeling in 2020. New mechanicals (HVAC, water heaters, electrical, and gas lines) and quality finishes in all units. This property has several long-term tenants and generates great revenue with the luxury of having all the heavy lifting maintenance items taken care of. A landlords dream!
Exterior Features

Attached Garage YN No Lot Size Dimensions irregular Lot Size Source County Records Parking Features Unassigned

Interior Features

Above Grade Finished Area Source Other Cooling Electric Heat Source Gas Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Current Financing Cash OnlyConventionalFHAVAOther Disclosures UnknownSellers Discl Not Av Inclusions Building & Land Lease Term Leases Net Operating Income 49231 Ownership Private Possession Close Of Escrow Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment ComplexTownhouse Sewer Public Sewer Special Listing Conditions RenovatedNone Tax Annual Amount 6736 Tax Year 2023 Tenant Pays All Utilities Three Bed Units 3 Transaction Type Sale Two Bed Units 2 Water Source Public

Listing provided courtesy of Nester Realty: 6240400. Listing information © 2025 Mid America Regional Information Systems, Inc.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-04-25T16:39:41.07.

Fusion Realty, LLC: 618.781.9170
 
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Fusion Realty, LLC
One 157 Center
Edwardsville IL, 62025