$95,000

1407 N 435 St Unit 1 & 2 Vandalia, IL 62471

Estimated payment $606/month

Total Views 4,772
3 Beds
2 Baths
6,800 Sq Ft
$14 Price per Sq Ft

About This Home

Prime Investment Opportunity – Multi-Use Income-Producing Property! Don't miss your chance to own this versatile multi-family building with a potential store/business front and storage facility, generating over $1,000 per month in rental income! With over 6,800 square feet of space, this property offers endless possibilities for expansion and increased revenue. Located in a high-traffic area with low operating costs, this is a smart addition to any investment portfolio. Recent updates include a full rubber roof and a newer septic system, adding value and long-term durability. Take advantage of this income-producing opportunity—call today to schedule a showing!

Listing Agent

Barry Schulhofer

Strano & Associates License #475.170641

Strano & Associates

Co-Listing Agent

Renae Hardt

Strano & Associates License #475.192738

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $925

Year Built

  • Built in 1893

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x68

Home Design

  • 6,800 Sq Ft Home
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking
  • Unassigned Parking

Schools

  • Vandalia Dist 203 Elementary And Middle School
  • Vandalia High School

Utilities

  • Forced Air Heating System

Community Details

  • Net Operating Income $1,000

Listing and Financial Details

  • Assessor Parcel Number 02-13-23-378-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$925

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: IL 140
  • Year Built: 1893
  • Directions: Il 140 to Hagarstown. Property on Left.
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.2755
  • Co List Office Mls Id: MARB005
  • Co List Office Phone: 2777653
  • Co List Office Phone: 2777653
  • Subdivision Name: Hagarstown
  • Above Grade Finished Sq Ft: 6800
  • Age: 132
  • PropaneTank: None
  • Total Expenses: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Smoke Alarm(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Concrete, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street, Unassigned
  • Driveway: Gravel

Utilities

  • Sewer: Septic Tank
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: VANDALIA DIST 203
  • Junior High Dist: VANDALIA DIST 203
  • High School: Vandalia
  • Middle Or Junior School: VANDALIA DIST 203

Lot Info

  • Lot Dimensions: 100x68
  • Lot Size Sq Ft: 12001
  • Parcel Number: 02-13-23-378-002

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Other

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 925
  • Prop Asses Cty Tx: 0

Multi Family

  • Net Operating Income: 1000
  • Type Of Units: 2-Family

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 For Sale $95,000 0.0% $14 / Sq Ft
02/18/2025 02/18/25 Off Market $95,000 -- --
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MAR25008901

MARIS MLS