$75,000

111 N Poplar St Mount Olive, IL 62069

Estimated payment $548/month

Total Views 9,405
3 Beds
2 Baths
2,250 Sq Ft
$33 Price per Sq Ft

Highlights

  • Brick Veneer
  • Forced Air Heating System
  • Baseboard Heating

About This Home

Investor's Dream: All-Brick Duplex with Strong Cash Flow

Well-maintained all-brick duplex, located ~50 minutes from St. Louis, MO. Unit 1: 1 bed, 1 bath, rented at $550/month. All-electric, separately metered; tenant pays all utilities. Unit 2: 2 bed, 1 bath, vacant and ready for new tenants. Projected rent: $750/month. Requires some work, offering potential for added value. Both units have separate entrances and utilities. Durable rubber roof installed ~10 years ago. Ample off-street parking at rear. Ideal for investors seeking steady cash flow and minimal maintenance. Strong rental demand in the area. Don't miss this opportunity to add a profitable property to your portfolio. Buyer to verify all MLS data including but not limited to square footage, taxes, schools, etc.

Listing Agent

James Syed

Prime Real Estate and Property Management License #2024040387 Listed on: 04/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1937

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100

Parking

  • Off-Street Parking

Home Design

  • 2,250 Sq Ft Home
  • Duplex
  • Brick Veneer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Mount Olive Dist 5 Elementary And Middle School
  • Mt Olive Community High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 2 Units
  • Net Operating Income $4,047

Listing and Financial Details

  • Assessor Parcel Number 02-000-814-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,653

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Main St
  • Year Built: 1937
  • Directions: Interstate 55 exit to Mt. Olive, left on Poplar St.
  • Property Sub-Type: 2-4 Units
  • Lot Size Acres: 0.0574
  • Road Surface Type: Gravel
  • Total Gross Income: 6600
  • Co List Office Phone: 618-4069775
  • MLS Status: Active
  • Subdivision Name: NOT IN A SUBDIVISON
  • Above Grade Finished Sq Ft: 2250
  • Carport Y N: No
  • New Construction: No
  • Reso Structure Type: Duplex
  • MIS_AboveGradeFinishedAreaSrchSqFt: 2250.00
  • MIS_PoolYN: 0
  • MIS_UnitCount: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Disclosures: Unknown
  • Construction Type: Brick Veneer

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Baseboard, Forced Air, Electric, Natural Gas
  • Water Source: Public

Schools

  • Elementary School: MOUNT OLIVE DIST 5
  • Junior High Dist: MOUNT OLIVE DIST 5
  • High School: Mt Olive Community High School
  • Middle Or Junior School: MOUNT OLIVE DIST 5

Lot Info

  • Lot Dimensions: 25X100
  • Lot Size Sq Ft: 2500
  • ResoLotSizeUnits: Acres
  • Parcel Number: 02-000-814-00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Operating Expense: 2553
  • Number Of Units Total: 2
  • Net Operating Income: 4047

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1653

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,665 $21,873 $7,179 $14,694
2023 $1,665 $20,253 $6,647 $13,606
2022 $1,653 $18,928 $6,212 $12,716
2021 $1,544 $17,690 $5,806 $11,884
2020 $1,508 $16,688 $5,477 $11,211
2019 $1,500 $16,688 $5,477 $11,211
2018 $1,469 $16,201 $5,317 $10,884
2017 $1,435 $15,385 $5,049 $10,336
2016 $1,442 $15,385 $5,049 $10,336
2015 $1,434 $15,385 $5,049 $10,336
2014 $1,395 $15,385 $5,049 $10,336
2013 $1,425 $16,696 $5,479 $11,217
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $75,000 0.0% $33 / Sq Ft
04/16/2025 04/16/25 Off Market $75,000 -- --
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Deed $29,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Closed -- No Value Available
Source: Public Records

Source: MARIS MLS

MLS Number: MIS25023721

MARIS MLS

APN: 02-000-814-00