$74,444
PENDING $61K PRICE DROP

120 Collinsville Rd Troy, IL 62294

Estimated payment $471/month

Total Views 249,041
-- Bed
-- Bath
3,000 Sq Ft
$25 Price per Sq Ft

Highlights

  • 0.63 Acre Lot
  • Laundry Room
  • Wood Siding
  • Henning Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

Priced to sell! This Tudor-style building offers endless potential for the right investor! Ideally located just off W Market Street, this property is perfect for a multi-family conversion, mixed-use development, or business space & is a unique find. Currently configured w/ three units on the main level & two on the second floor, plus one unit provides private access to the third story. Each unit includes a private bathroom & 2 units have laundry hook-ups. The commercial space features Three-Phase Commercial Electrical, a loading dock, & a basement with 2 brand new sump pumps and crawl space access. A paved lot w/ 17 parking spaces provides easy access for tenants & customers. In its great location, this property is close to major businesses, shopping, dining, & public transportation, making it a highly desirable investment. Endless possibilities, as a rental property, a live-work space, or a combination of commercial & residential use --a must-see opportunity! Structural Engineer report included!

Listing Agent

Christie Gassen

Hughes Group LLC License #471.021941 Listed on: 02/07/2025

Property Details

Home Type

  • Multi-Family

Home Design

  • 3,000 Sq Ft Home
  • Fixer Upper
  • Wood Siding
  • Cedar

Parking

  • Additional Parking
  • Open Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Triad Dist 2 Elementary And Middle School
  • Triad High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Laundry Room
  • 0.63 Acre Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 09-2-22-09-06-103-023

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: W Center Street
  • Directions: W Market Street, to Collinsville Rd.
  • ResoLaundryFeatures: Laundry Room
  • Lot Size Acres: 0.628
  • Road Surface Type: Asphalt
  • Co List Office Phone: 618-6240300
  • MLS Status: Pending
  • Subdivision Name: Hendersons Add
  • Above Grade Finished Sq Ft: 3000
  • Architectural Style: Other
  • Carport Y N: No
  • New Construction: No
  • ResoPropertyCondition: Fixer
  • MIS_AboveGradeFinishedAreaSrchSqFt: 3000.00
  • MIS_SellerConsiderConcessionYN: 0
  • MIS_PoolYN: 0
  • MIS_UnitCount: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Disclosures: Unknown, Occupancy Permit Required, Year Built Unknown
  • Construction Type: Wood Siding, Cedar

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Off Street, Open, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Cooling: Gas, Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Schools

  • Elementary School: TRIAD DIST 2
  • Junior High Dist: Triad DIST 2
  • High School: Triad
  • Middle Or Junior School: TRIAD DIST 2

Lot Info

  • Lot Dimensions: 194x141 IRR
  • Lot Size Sq Ft: 27356
  • ResoLotSizeUnits: Acres
  • Parcel Number: 09-2-22-09-06-103-023

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4506

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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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 $4,830 $69,140 $17,380 $51,760
2023 $4,830 $62,770 $15,780 $46,990
2022 $4,506 $57,800 $14,530 $43,270
2021 $4,221 $54,930 $13,810 $41,120
2020 $4,231 $53,510 $13,450 $40,060
2019 $4,167 $52,410 $13,170 $39,240
2018 $4,073 $48,560 $12,200 $36,360
2017 $3,948 $47,550 $11,950 $35,600
2016 $3,925 $47,550 $11,950 $35,600
2015 $3,534 $45,970 $11,550 $34,420
2014 $3,534 $45,970 $11,550 $34,420
2013 $3,534 $45,970 $11,550 $34,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Pending -- -- --
09/02/2025 09/02/25 For Sale $74,444 0.0% $25 / Sq Ft
08/31/2025 08/31/25 Off Market $74,444 -- --
06/24/2025 06/24/25 Price Changed $74,444 -0.6% $25 / Sq Ft
05/14/2025 05/14/25 Price Changed $74,900 -31.8% $25 / Sq Ft
05/01/2025 05/01/25 Price Changed $109,900 -15.4% $37 / Sq Ft
03/29/2025 03/29/25 Price Changed $129,900 -3.8% $43 / Sq Ft
02/07/2025 02/07/25 For Sale $135,000 0.0% $45 / Sq Ft
02/05/2025 02/05/25 Off Market $135,000 -- --
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,000 Chicago Title
Source: Public Records

About the Listing Agent

Christie Gassen

Hughes Group LLC

(618) 386-5756

Section Image

Christie began her real estate journey in 2015 as a Leasing Agent, where she quickly developed a passion for helping people find the right place to call home. In 2019, she expanded her expertise into Property Management and Maintenance, gaining valuable insight into the behind-the-scenes operations of real estate. Today, she serves as the Sales Designated Managing Broker, where she leads with experience, integrity, and a commitment to excellence.
In 2009, Christie relocated to the area when

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Source: MARIS MLS

MLS Number: MIS25006246

MARIS MLS

APN: 09-2-22-09-06-103-023